SoftBank reportedly is in talks to invest up to $25 billion in OpenAI and become the ChatGPT creator’s largest investor.
The European Central Bank is expected to cut interest rates as the disinflationary process continues amid worries about the strength of the economy.
Bond yields dipped Thursday after the Fed’s midweek monetary policy decision did little to shift the market’s interest rate expectations.
Microsoft Corp. investors focused on the company’s disappointing revenue of its Azure cloud business on Wednesday, but they should also be looking at another number indicative of future growth: bookings. The software giant told Wall Street in its fiscal third-quarter earnings that revenue at Azure grew 31%, just below estimates, but also said that future […]
The Federal Reserve Jerome Powell speech began with the Fed deliberately pausing to cut rates, which went against President Donald Trump’s demand to cut them. Trump is going to pin 100% of the blame for the market crash on Powell and then have the long knives brought out. Get ready. “The economy is strong; inflation […]
Economic provocateur and Rich Dad Poor Dad author Robert Kiyosaki isn’t pulling punches. Predicting a historic market meltdown in February 2025, he’s urging caution on traditional investments. At the same time, he’s bullish on Bitcoin, branding it a “real asset” with massive growth potential. Robert Kiyosaki: ‘Bitcoin will boom, boom, boom’ Robert Kiyosaki has doubled down on […]
On 27 January 2025, Hong Kong’s Securities and Futures Commission (SFC) granted operational licenses to two Hong Kong-based crypto exchanges, PantherTrade and YAX. This brings the total number of licensed platforms to nine since the SFC’s licensing regime was launched in mid-2024. Commenting on the development, Kelvin Liu Kai, CEO of YAX said, “We have […]
Dogecoin (DOGE) Price Volume in 24h Price 7d , the largest meme coin by market cap, has experienced the same downturn as the rest. After rallying from August lows to reach a high of $0.48 in December, DOGE has since fallen below key support levels, breaking its uptrend line. Will the proposed DOGE ETF drive […]
As MiCA certification becomes the norm, a lot more companies are announcing their recently acquired permit to function in Europe. OKX is yet another blockchain company that announced on 27 January 2025 that it is MiCA certified. The company is now certified to offer its full range of products and services across the 27 member […]
Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices. Well-heeled customers traded down to Walmart and Aldi. Diners opted for fast food or home cooking instead of sit-down restaurants. Department stores struggled […]