Administrator pinned this post
3 months ago
Get $10 for Every 100 Followers!
Don't miss out on this limited-time offer! For every 100 followers you gain, you'll receive $10.
Hurry, the campaign ends without prior notice! Be sure to take advantage before it’s too late.
For more details, check the banner.
Don't miss out on this limited-time offer! For every 100 followers you gain, you'll receive $10.
Hurry, the campaign ends without prior notice! Be sure to take advantage before it’s too late.
For more details, check the banner.
14 days ago
During the World Economic Forum in Davos last week, Elon Musk called human aging a “very solvable” problem.
“When we figure out what causes aging, I think we’ll find it’s incredibly obvious,” the billionaire claimed during a conversation with BlackRock CEO Larry Fink. “It’s not a subtle thing.”
For many years now, youth-obsessed billionaires have been forking out immense sums to try experimental techniques that could turn back the clock on their aging bodies. Meanwhile, a cottage industry of anti-aging companies claiming to have the answer has cropped up, racing to test their treatments on h
“When we figure out what causes aging, I think we’ll find it’s incredibly obvious,” the billionaire claimed during a conversation with BlackRock CEO Larry Fink. “It’s not a subtle thing.”
For many years now, youth-obsessed billionaires have been forking out immense sums to try experimental techniques that could turn back the clock on their aging bodies. Meanwhile, a cottage industry of anti-aging companies claiming to have the answer has cropped up, racing to test their treatments on h
19 days ago
Bitcoin’s network hit an unusual speed **** p over the weekend, not because of code, markets or a Fed policy change, but because the physical world intervened.
A sprawling winter storm strained regional power grids and knocked out electricity for hundreds of thousands of households.
The disruption briefly spilled into crypto infrastructure, as some US-based Bitcoin miners cut power use and the network’s block production slowed, without sparking market panic.
Related: U.S. Government Targets Russia’s Crypto Mining Industry for Sanctions Amid Ukraine War
Winter Storm Fern swept across a wide
A sprawling winter storm strained regional power grids and knocked out electricity for hundreds of thousands of households.
The disruption briefly spilled into crypto infrastructure, as some US-based Bitcoin miners cut power use and the network’s block production slowed, without sparking market panic.
Related: U.S. Government Targets Russia’s Crypto Mining Industry for Sanctions Amid Ukraine War
Winter Storm Fern swept across a wide
19 days ago
Winter storm snarls airport traffic for second day
The massive winter storm that has impacted much of the U.S. is wreaking havoc on the airline industry for the second consecutive day.
As of 10 a.m. ET, more than 4,500 flights had been canceled on Monday, with another 12,000 delayed, according to FlightAware. That follows a record-setting number of cancellations on Sunday, which saw 12,595 flights canceled and 22,092 delayed.
That was the highest number since the pandemic — and a big jump from Saturday's 4,104 cancellations.
The winter storm is expected to bring more than $100 billion in
The massive winter storm that has impacted much of the U.S. is wreaking havoc on the airline industry for the second consecutive day.
As of 10 a.m. ET, more than 4,500 flights had been canceled on Monday, with another 12,000 delayed, according to FlightAware. That follows a record-setting number of cancellations on Sunday, which saw 12,595 flights canceled and 22,092 delayed.
That was the highest number since the pandemic — and a big jump from Saturday's 4,104 cancellations.
The winter storm is expected to bring more than $100 billion in
20 days ago
TSA wants more biometric data from PreCheck travelers
Corrections & Clarifications: A previous version of this story incorrectly attributed a quote from the Security Industry **** ociation.
The Transportation Security Administration wants to update the way it stores and uses biometric data from PreCheck applicants.
In a notice posted to the Federal Register on Jan. 15, the agency said it is considering introducing a mobile biometric ID for PreCheck users and will expand its biometric information sharing with other sections of the Department of Homeland Security.
Under the proposed change
Corrections & Clarifications: A previous version of this story incorrectly attributed a quote from the Security Industry **** ociation.
The Transportation Security Administration wants to update the way it stores and uses biometric data from PreCheck applicants.
In a notice posted to the Federal Register on Jan. 15, the agency said it is considering introducing a mobile biometric ID for PreCheck users and will expand its biometric information sharing with other sections of the Department of Homeland Security.
Under the proposed change
21 days ago
BITQ comes with a higher expense ratio than HODL.
HODL tracks Bitcoin directly, whereas BITQ holds crypto-related stock.
These 10 stocks could mint the next wave of millionaires ›
Both the VanEck Bitcoin ETF (NYSEMKT:HODL) and Bitwise Crypto Industry Innovators ETF (NYSEMKT:BITQ) offer access to the crypto economy, but they approach it in fundamentally different ways. HODL provides direct Bitcoin (CRYPTO:BTC) price exposure, whereas BITQ invests in companies tied to the crypto ecosystem, from miners to exchanges. This comparison unpacks how their costs, returns, and risk features stack up f
HODL tracks Bitcoin directly, whereas BITQ holds crypto-related stock.
These 10 stocks could mint the next wave of millionaires ›
Both the VanEck Bitcoin ETF (NYSEMKT:HODL) and Bitwise Crypto Industry Innovators ETF (NYSEMKT:BITQ) offer access to the crypto economy, but they approach it in fundamentally different ways. HODL provides direct Bitcoin (CRYPTO:BTC) price exposure, whereas BITQ invests in companies tied to the crypto ecosystem, from miners to exchanges. This comparison unpacks how their costs, returns, and risk features stack up f
2 months ago
A leading AI boss has warned that the developing technology could become “uncontrollable” in the next few years without proper regulation.
Speaking on BBC Radio 4’s Today, CEO of Microsoft AI, Mustafa Suleyman, said that fear over the future of AI is “healthy and necessary”, adding: “I honestly think that if you’re not a little bit afraid at this moment then you’re not paying attention.”
Mr Suleyman, who is was the co-founder and former head of applied AI at DeepMind, was guest editing the BBC’s current affairs radio show when he made the comments.
The industry leader called for greater gua
Speaking on BBC Radio 4’s Today, CEO of Microsoft AI, Mustafa Suleyman, said that fear over the future of AI is “healthy and necessary”, adding: “I honestly think that if you’re not a little bit afraid at this moment then you’re not paying attention.”
Mr Suleyman, who is was the co-founder and former head of applied AI at DeepMind, was guest editing the BBC’s current affairs radio show when he made the comments.
The industry leader called for greater gua
2 months ago
These 6 stocks will lead the $1 trillion chip surge in 2026, BofA says
The artificial intelligence boom isn't cooling off — it's getting bigger, Bank of America ******* yst Vivek Arya contends.
While AI skeptics have pointed to eye-popping valuations as a reason to run, Arya said the industry is only at the "midpoint" of a decade-long transformation, and it's being led by Nvidia (NVDA) and Broadcom (AVGO).
In a report ******* led "2026 Year Ahead: choppy, still cheerful," Arya forecast a 30% year-over-year surge in global semiconductor sales that will finally push the sector past a histor
The artificial intelligence boom isn't cooling off — it's getting bigger, Bank of America ******* yst Vivek Arya contends.
While AI skeptics have pointed to eye-popping valuations as a reason to run, Arya said the industry is only at the "midpoint" of a decade-long transformation, and it's being led by Nvidia (NVDA) and Broadcom (AVGO).
In a report ******* led "2026 Year Ahead: choppy, still cheerful," Arya forecast a 30% year-over-year surge in global semiconductor sales that will finally push the sector past a histor
2 months ago
Few topics divide the crypto industry more than politics. Donald Trump is often referred to as “America's first crypto president,” while the Biden administration earned a reputation for being hostile toward the sector.
But when rhetoric is stripped away and replaced with market data, the picture becomes more nuanced. The key question is not which administration spoke more favorably about crypto, but under whose leadership Bitcoin ultimately performed better.
In the 2024 United States presidential election, Trump positioned himself as a pro-crypto candidate, vowing to make the US the “crypto
But when rhetoric is stripped away and replaced with market data, the picture becomes more nuanced. The key question is not which administration spoke more favorably about crypto, but under whose leadership Bitcoin ultimately performed better.
In the 2024 United States presidential election, Trump positioned himself as a pro-crypto candidate, vowing to make the US the “crypto
2 months ago
El Salvador’s Bitcoin Dreams Came to Earth in 2025
Four years ago, El Salvador started its ambitious Bitcoin adoption strategy. But in 2025, that plan came to a head with the International Monetary Fund.
COINTELEGRAPH IN YOUR SOCIAL FEED
El Salvador, the first country in the world to recognize Bitcoin as legal tender, was seen by many in the industry as a pioneer. In 2025, the small country’s Bitcoin ambitions met reality.
The Central American country made waves in 2021 when the Legislative ******* embly approved a bill that required all merchants, stores and places of business to accept
Four years ago, El Salvador started its ambitious Bitcoin adoption strategy. But in 2025, that plan came to a head with the International Monetary Fund.
COINTELEGRAPH IN YOUR SOCIAL FEED
El Salvador, the first country in the world to recognize Bitcoin as legal tender, was seen by many in the industry as a pioneer. In 2025, the small country’s Bitcoin ambitions met reality.
The Central American country made waves in 2021 when the Legislative ******* embly approved a bill that required all merchants, stores and places of business to accept
2 months ago
Getty Images
Retail crypto's mood is "extraordinarily negative," but institutional investors are "unremittingly bullish," according to Bitwise ******* et Mangement's Matt Hougan.
Amberdata's Greg Magadini expects interest in bitcoin as a "debasement hedge" to pick up next year.
The rise and subsequent retreat of bitcoin perfectly encapsulates the crypto industry's year. It won big—but it doesn't have much to show for it yet.
The price of bitcoin, the world's most well-known cryptocurrency, soared above $126,000, a record, but those gains evaporated and it's poised to finish down for 2025.
Retail crypto's mood is "extraordinarily negative," but institutional investors are "unremittingly bullish," according to Bitwise ******* et Mangement's Matt Hougan.
Amberdata's Greg Magadini expects interest in bitcoin as a "debasement hedge" to pick up next year.
The rise and subsequent retreat of bitcoin perfectly encapsulates the crypto industry's year. It won big—but it doesn't have much to show for it yet.
The price of bitcoin, the world's most well-known cryptocurrency, soared above $126,000, a record, but those gains evaporated and it's poised to finish down for 2025.
2 months ago
Samson Mow, a prominent Bitcoin advocate known for repeatedly predicting a $1 million Bitcoin price, said he does not take recent bearish price targets seriously and claimed he fired an **** yst who forecast Bitcoin would fall to $60,000.
Mow escalated his criticism in a post on X on Dec 21, writing:
“I’ve fired the **** yst that said Bitcoin is going to $60k. He will never work in this industry again.”
The post did not identify the **** yst or clarify their role, and it drew mixed reactions from the crypto community, with many interpreting the comment as satirical rather than literal.
Sti
Mow escalated his criticism in a post on X on Dec 21, writing:
“I’ve fired the **** yst that said Bitcoin is going to $60k. He will never work in this industry again.”
The post did not identify the **** yst or clarify their role, and it drew mixed reactions from the crypto community, with many interpreting the comment as satirical rather than literal.
Sti
2 months ago
Bitcoin financial services company Fold Holdings will be added to the Russell 2000, a primary US small-cap benchmark index.
The announcement comes as MSCI considers excluding crypto-holding companies from its indexes, drawing significant industry attention.
Fold Holdings (NASDAQ: FLD) officially announced its inclusion in the Russell 2000 on December 22. The company describes itself as the first publicly traded Bitcoin financial services firm, with over 1,500 BTC in its treasury. Its product lineup includes the Fold App, Fold Bitcoin Gift Card, Fold Debit Card, and the upcoming Fold Bitcoin
The announcement comes as MSCI considers excluding crypto-holding companies from its indexes, drawing significant industry attention.
Fold Holdings (NASDAQ: FLD) officially announced its inclusion in the Russell 2000 on December 22. The company describes itself as the first publicly traded Bitcoin financial services firm, with over 1,500 BTC in its treasury. Its product lineup includes the Fold App, Fold Bitcoin Gift Card, Fold Debit Card, and the upcoming Fold Bitcoin
2 months ago
U.S. car maker wins 2025 sales race with 2.8 million vehicles sold
Car buying patterns in 2025 have been all over the place as consumers and the industry have adjusted to the automotive tariffs that dominated the conversation this year.
While the U.S. eventually got tariff burdens down to 15% for most of its trade partners, for much of the year, importers were paying 25% on autos and auto parts.
While carmakers made it clear that they would not raise prices in response to the tariffs, the threat of increased prices caused consumers to flock to car dealerships.
Ford used incentives and th
Car buying patterns in 2025 have been all over the place as consumers and the industry have adjusted to the automotive tariffs that dominated the conversation this year.
While the U.S. eventually got tariff burdens down to 15% for most of its trade partners, for much of the year, importers were paying 25% on autos and auto parts.
While carmakers made it clear that they would not raise prices in response to the tariffs, the threat of increased prices caused consumers to flock to car dealerships.
Ford used incentives and th
2 months ago
JD Vance responds to rumors about his marriage and wife's missing ring
WASHINGTON — Vice President JD Vance and second lady Usha Vance have found humor in the cottage industry of online speculation that has sprouted up around their marriage.
“I think that we kind of get a kick out of it,” Vance said Thursday in an interview with NBC News when he was asked whether he was frustrated over a recent rash of tabloid-style headlines about the second lady being spotted without her wedding ring.
“With anything in life, you take the good with the bad,” Vance added as he sat in his West Wing office,
WASHINGTON — Vice President JD Vance and second lady Usha Vance have found humor in the cottage industry of online speculation that has sprouted up around their marriage.
“I think that we kind of get a kick out of it,” Vance said Thursday in an interview with NBC News when he was asked whether he was frustrated over a recent rash of tabloid-style headlines about the second lady being spotted without her wedding ring.
“With anything in life, you take the good with the bad,” Vance added as he sat in his West Wing office,
2 months ago
Artificial intelligence companies are quickly expanding without the protections experts say are needed.
According to NBC News, the Winter 2025 AI Safety Index reviewed eight companies across 35 indicators and found that these companies are rolling out increasingly powerful systems while leaving gaps in oversight.
The index evaluated areas such as risk-assessment procedures, information sharing processes, governance structures, and safety-research support and documented inconsistent or absent protocols and protections across the industry. The organizations scoring lowest are racing to match o
According to NBC News, the Winter 2025 AI Safety Index reviewed eight companies across 35 indicators and found that these companies are rolling out increasingly powerful systems while leaving gaps in oversight.
The index evaluated areas such as risk-assessment procedures, information sharing processes, governance structures, and safety-research support and documented inconsistent or absent protocols and protections across the industry. The organizations scoring lowest are racing to match o
2 months ago
Bitcoin mining profitability plunged to record lows in late 2025 as the hash rate dropped below $35 per petahash per second, while production costs rose to $44.8 per petahash. This forced miners into payback periods over 1,200 days and drove a major industry shift, with 70% of top mining companies now earning revenue from artificial intelligence infrastructure.
November 2025 marked a turning point for the global Bitcoin mining industry. A confluence of collapsing margins, regulatory pressure, and strategic pivots reshaped the sector's landscape. Here are the five key trends that defined the m
November 2025 marked a turning point for the global Bitcoin mining industry. A confluence of collapsing margins, regulatory pressure, and strategic pivots reshaped the sector's landscape. Here are the five key trends that defined the m
2 months ago
A new study is flipping the script on how we think about renewable energy, and it is revealing a surprising flaw in the way a major industry is funded.
UK researchers Colm O'Shea, Piers Horne, and Mark Maslin found that wind power has delivered more than $132.4 billion in total savings for consumers since 2010. Besides the work wind power has done to clean up the UK's electricity grid, this is also a major win for families and the economy.
Plus, it is a reminder that clean energy is more than just an environmental upgrade.
From 2010 to 2023, wind generation cut costs by $195.2 billion, incl
UK researchers Colm O'Shea, Piers Horne, and Mark Maslin found that wind power has delivered more than $132.4 billion in total savings for consumers since 2010. Besides the work wind power has done to clean up the UK's electricity grid, this is also a major win for families and the economy.
Plus, it is a reminder that clean energy is more than just an environmental upgrade.
From 2010 to 2023, wind generation cut costs by $195.2 billion, incl
3 months ago
Eight more suspected swine fever cases as Spain struggles to limit export damage
MADRID, Nov 30 (Reuters) - Eight more wild boar with suspected cases of African swine fever were discovered near Barcelona, La Vanguardia newspaper reported on Sunday, as Spain struggles to limit the damage to a pork export industry worth billions of euros a year.
The newspaper cited sources close to the Catalan agriculture ministry. Two cases have been confirmed, and 12 others have shown signs they may also have the disease but are undergoing tests to confirm this. If confirmed, it would bring the number of
MADRID, Nov 30 (Reuters) - Eight more wild boar with suspected cases of African swine fever were discovered near Barcelona, La Vanguardia newspaper reported on Sunday, as Spain struggles to limit the damage to a pork export industry worth billions of euros a year.
The newspaper cited sources close to the Catalan agriculture ministry. Two cases have been confirmed, and 12 others have shown signs they may also have the disease but are undergoing tests to confirm this. If confirmed, it would bring the number of
3 months ago
A mild uptick in bitcoin mining in China has prompted calls for Beijing to loosen its restrictions and let the power-hungry industry tap into the country's oversupply of energy, but experts said the likelihood of China ending its mining ban was low.
China's bitcoin mining market share by hash rate rose from 13.75 per cent in the first quarter of 2025 to 14.06 per cent in the current quarter, making it the third largest bitcoin mining country behind the US and Russia, according to Hashrate Index, a data platform operated by US bitcoin mining firm Luxor Technology.
The Hashrate Index did not d
China's bitcoin mining market share by hash rate rose from 13.75 per cent in the first quarter of 2025 to 14.06 per cent in the current quarter, making it the third largest bitcoin mining country behind the US and Russia, according to Hashrate Index, a data platform operated by US bitcoin mining firm Luxor Technology.
The Hashrate Index did not d
3 months ago
Ukraine's deep-strike drone campaign targeting Russia's oil and gas production facilities has already cost its enemy 10 percent of its refining capacity, according to industry experts -- and Kyiv is committed to stepping things up.
"Ten percent, it's not an astonishing number," says Tatiana Mitrova of Columbia University's Center on Global Energy Policy. "But it is still something that starts to be felt with the Russian domestic fuel crisis, with reduced oil refined products exports, and general tension inside the Russian oil sector."
Ukraine has invested heavily in new long-distance drone t
"Ten percent, it's not an astonishing number," says Tatiana Mitrova of Columbia University's Center on Global Energy Policy. "But it is still something that starts to be felt with the Russian domestic fuel crisis, with reduced oil refined products exports, and general tension inside the Russian oil sector."
Ukraine has invested heavily in new long-distance drone t
3 months ago
HP Inc. (HPQ) is doubling down on artificial intelligence — and betting it will replace thousands of jobs in the process.
"There are many things that today we have to do using people ... that in the future AI will do better and will do faster," CEO Enrique Lores told Yahoo Finance (video above).
It's not just an HP issue, he added, but an "industrywide" shift companies must embrace to stay competitive.
That transformation is reshaping HP. The company on Tuesday unveiled a sweeping AI initiative tied to new restructuring efforts. HP expects to eliminate 4,000 to 6,000 jobs globally and gener
"There are many things that today we have to do using people ... that in the future AI will do better and will do faster," CEO Enrique Lores told Yahoo Finance (video above).
It's not just an HP issue, he added, but an "industrywide" shift companies must embrace to stay competitive.
That transformation is reshaping HP. The company on Tuesday unveiled a sweeping AI initiative tied to new restructuring efforts. HP expects to eliminate 4,000 to 6,000 jobs globally and gener
3 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
As colder weather sets in, most Americans are lighting their fireplaces and turning on their electric heaters to stay warm. But there are a handful who have opted for a new, cost-effective way to heat their homes: bitcoin mining rigs.
The computing power required to mine cryptocurrency produces a lot of heat. In total, the industry generates around 100 TWh of heat annually, which is enough to heat a country the size of Finland, according to digital ****** et brokerage firm K33.
Don't Miss:
As colder weather sets in, most Americans are lighting their fireplaces and turning on their electric heaters to stay warm. But there are a handful who have opted for a new, cost-effective way to heat their homes: bitcoin mining rigs.
The computing power required to mine cryptocurrency produces a lot of heat. In total, the industry generates around 100 TWh of heat annually, which is enough to heat a country the size of Finland, according to digital ****** et brokerage firm K33.
Don't Miss:
3 months ago
Even by crypto standards, it’s been a rough few weeks.
Investors in digital ****** ets are accustomed to extreme volatility, but a $1 trillion wipeout over the past six weeks has tested even crypto’s diehard believers and alienated many of its newest converts.
Bitcoin, the industry bellwether, has fallen dramatically since early October, when it hit a record high of $126,000. The world’s most popular cryptocurrency dipped below $81,000 on Friday before recovering slightly over the weekend. On Monday, as the broader stock market rallied, bitcoin topped $88,000, rising nearly 2% over a 24-hour
Investors in digital ****** ets are accustomed to extreme volatility, but a $1 trillion wipeout over the past six weeks has tested even crypto’s diehard believers and alienated many of its newest converts.
Bitcoin, the industry bellwether, has fallen dramatically since early October, when it hit a record high of $126,000. The world’s most popular cryptocurrency dipped below $81,000 on Friday before recovering slightly over the weekend. On Monday, as the broader stock market rallied, bitcoin topped $88,000, rising nearly 2% over a 24-hour
3 months ago
A slew of earnings reports from some of America's biggest retailers this week showed the industry, like consumers visiting their stores, splitting into a series of winners and losers.
Retailers that are leaning into value and low prices reported strong results and were rewarded by investors as a K-shaped economy pushes consumer sentiment to near-record lows. Investors more harshly judged companies that reported flagging sales in their latest quarter.
"Higher-income households will keep spending, but middle- and lower-income shoppers are feeling the squeeze, pushing them toward discounters li
Retailers that are leaning into value and low prices reported strong results and were rewarded by investors as a K-shaped economy pushes consumer sentiment to near-record lows. Investors more harshly judged companies that reported flagging sales in their latest quarter.
"Higher-income households will keep spending, but middle- and lower-income shoppers are feeling the squeeze, pushing them toward discounters li
3 months ago
(Reuters) -Bitcoin mining is quietly staging a comeback in China despite being banned four years ago, as individual and corporate miners exploit cheap electricity and a data center boom in some energy-rich provinces, according to miners and industry data.
China had been the world's biggest crypto mining country until Beijing banned all cryptocurrency trading and mining in 2021, citing threats to the country's financial stability and energy conservation.
After having seen its global bitcoin mining market share slump to zero as a result of the ban, China crept back to third place with a 14% sh
China had been the world's biggest crypto mining country until Beijing banned all cryptocurrency trading and mining in 2021, citing threats to the country's financial stability and energy conservation.
After having seen its global bitcoin mining market share slump to zero as a result of the ban, China crept back to third place with a 14% sh
3 months ago
The drone economy is taking off, and investors are getting more options to put money into the budding industry.
The recently launched REX Drone exchange-traded fund, for example, has 80% of its portfolio earmarked for companies that generate the bulk of revenues from drones, unmanned aerial vehicles (UVA) and the companies that support the industry’s technologies.
"The drones theme is exciting for a couple of reasons," REX CEO Greg King told FOX Business. "No. 1, the military applications. Ukraine and the Middle East have approved the utility there. And defense budgets are shifting over to a
The recently launched REX Drone exchange-traded fund, for example, has 80% of its portfolio earmarked for companies that generate the bulk of revenues from drones, unmanned aerial vehicles (UVA) and the companies that support the industry’s technologies.
"The drones theme is exciting for a couple of reasons," REX CEO Greg King told FOX Business. "No. 1, the military applications. Ukraine and the Middle East have approved the utility there. And defense budgets are shifting over to a
3 months ago
If the 1980s gave us “Invasion of the Body ***** ers,” is the 2020s turning us into Pod People? It’s official: microplastics are everywhere.
So much so, the pervasive issue of microfiber pollution has evolved from a niche concern into a critical industry-wide challenge, prompting experts to move beyond simple problem identification to debate its preferred nomenclature while the apparel sector grapples with the environmental fallout—and human health implications—of its synthetic, fragmenting products.
More from Sourcing Journal
AG Jeans' Sustainable Innovation Recognized with Baker Tilly's M
So much so, the pervasive issue of microfiber pollution has evolved from a niche concern into a critical industry-wide challenge, prompting experts to move beyond simple problem identification to debate its preferred nomenclature while the apparel sector grapples with the environmental fallout—and human health implications—of its synthetic, fragmenting products.
More from Sourcing Journal
AG Jeans' Sustainable Innovation Recognized with Baker Tilly's M
3 months ago
Key Takeaways
Bitcoin plunged to $85,000, its lowest level since April.
Its harshest critics have warned of months of chaos.
Long-term believers remain unfazed.
Bitcoin sank to $85,000 on Friday as sentiment across the crypto industry continued to deteriorate, with some harsh critics warning BTC could be heading into “months of chaos.”
https://finance.yahoo.com/...
Bitcoin plunged to $85,000, its lowest level since April.
Its harshest critics have warned of months of chaos.
Long-term believers remain unfazed.
Bitcoin sank to $85,000 on Friday as sentiment across the crypto industry continued to deteriorate, with some harsh critics warning BTC could be heading into “months of chaos.”
https://finance.yahoo.com/...
3 months ago
Schneider Electric seals $2.3 billion in US data centre deals to power AI boom
By Gianluca Lo Nostro
(Reuters) -Schneider Electric said on Wednesday it had signed new deals worth almost $2.3 billion with two U.S. data centre operators, as surging adoption of artificial intelligence boosts infrastructure demand.
At an industry event in Las Vegas, the French industrial group announced a $1.9 billion partnership with privately held tech firm Switch, covering power modules and cooling systems.
The second agreement, valued at $373 million and involving uninterruptible power supplies and swi
By Gianluca Lo Nostro
(Reuters) -Schneider Electric said on Wednesday it had signed new deals worth almost $2.3 billion with two U.S. data centre operators, as surging adoption of artificial intelligence boosts infrastructure demand.
At an industry event in Las Vegas, the French industrial group announced a $1.9 billion partnership with privately held tech firm Switch, covering power modules and cooling systems.
The second agreement, valued at $373 million and involving uninterruptible power supplies and swi
3 months ago
Middle-class shoppers are pulling back, sending alarms through the retail industry
Home Depot missed forecasts as middle-class shoppers pulled back on big projects.
Milder weather and housing pressures hit demand for home improvement supplies.
One ******* yst warned the consumer backdrop is going from "from soft to softer" heading into winter.
Home Depot just became the latest major retailer to warn that the slowdown in consumer spending is spreading.
The home improvement cut its full-year outlook on Tuesday, reporting weakening sales growth for Q3.
https://www.yahoo.com/fina...
Home Depot missed forecasts as middle-class shoppers pulled back on big projects.
Milder weather and housing pressures hit demand for home improvement supplies.
One ******* yst warned the consumer backdrop is going from "from soft to softer" heading into winter.
Home Depot just became the latest major retailer to warn that the slowdown in consumer spending is spreading.
The home improvement cut its full-year outlook on Tuesday, reporting weakening sales growth for Q3.
https://www.yahoo.com/fina...
Sponsored by
Blue Mong
3 months ago