SHL

The Amazon Web Services re:Invent conference kicks off Monday in Las Vegas, bringing fresh updates on cloud computing and artificial intelligence. Ahead of the event, Matt Garman, chief executive of Amazon.com Inc's (NASDAQ:AMZN) cloud unit, described AI as a transformative force with endless...

Shares of Gap Inc (NYSE:GAP) were climbing on Monday, a week after the company reported upbeat quarterly earnings. The company reported the fourth straight quarter of revenue growth and seventh consecutive quarters of market share expansion, according to JPMorgan. Analyst Matthew Boss upgraded the...

On Monday, the outgoing Biden administration will implement its third crackdown on China’s semiconductor industry within three years, citing the same national security threats as reasons it mentioned for its prior sanctions, intensifying geopolitical tensions between the countries. The...

Ethereum (CRYPTO: ETH) ETFs could soon offer staking yields, marking a significant evolution in institutional crypto investment, according to a new Bernstein report. What Happened: Bernstein analysts on Moday emphasized that integrating staking yields into ETFs would not only improve their...

Russian President Vladimir Putin has signed a law introducing taxation on income and expenses derived from digital currency mining, purchase and sale. What Happened: Published on the official legal information portal, the legislation recognizes digital currencies as property under the Tax Code and...

NVIDIA Corp (NASDAQ:NVDA) founder and CEO Jensen Huang has an interesting way of learning from AI that involves tormenting chatbots with follow-up questions. What To Know: In an interview over the weekend at the Hong Kong University Of Science & Technology, Huang suggested that students adopt...

Bitcoin's (CRYPTO: BTC) recent rally could face a sharp downturn, with a prominent trader warning of a potential correction if the cryptocurrency fails to break the $100,000 resistance level. The forecast, which points to a drop as low as $85,600 in a worst-case scenario, comes as Bitcoin shows...

BofA Securities downgraded Editas Medicine Inc (NASDAQ:EDIT), citing few value-driving catalysts in the near term. In its third-quarter earnings release, Editas Medicine said it engaged an investment bank to lead the process of partnering or out-licensing reni-cel (renizgamglogene autogedtemcel,...

Anglo American (OTC:AAUKF) has agreed to sell its Australian steelmaking coal portfolio to Peabody Energy (NYSE:BTU) for up to $3.8 billion. The sale marks another step toward future-facing commodities, following the $1.1 billion sale of its stake in the Jellinbah Group earlier this month. “...

Top cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), and XRP (CRYPTO: XRP) are seeing declining bullish sentiment despite rising cost bases for holders. What Happened: Santiment data shows the crypto market sentiment, which had been bullish following a...

Cboe Global Markets Inc. (BATS:CBOE) has announced plans to introduce the first-ever cash-settled index options tied to Bitcoin‘s (CRYPTO: BTC) spot price. What Happened: These new financial instruments are scheduled for launch on Dec. 2 and will be based on the Cboe Bitcoin U.S. ETF Index,...

On Friday, Amazon.Com Inc (NASDAQ:AMZN) and Anthropic announced an expansion of their strategic partnership, strengthening their collaboration on artificial intelligence advancements.   Anthropic raised an additional $4 billion from Amazon. This deepened alliance builds on Amazon’s...

Securities and Exchange Commission Chair Gary Gensler announced Thursday that he will resign Jan. 20, 2025, coinciding with the inauguration of President-elect Donald Trump. Gensler’s tenure has been marked by a stringent regulatory approach toward cryptocurrencies, drawing criticism from the...

Bitcoin (CRYPTO: BTC) is closing in on the $100,000 psychological milestone, backed by bullish chart patterns and strong market fundamentals. What Happened: As Bitcoin clocked a new all-time high above $98,000, analyst Ali Martinez says $100,000 may happen on Thursday, based on the apex crypto...

On Tuesday, QuidelOrtho Corporation (NASDAQ:QDEL) priced the previously announced underwritten secondary offering by Carlyle Partners VI Cayman Holdings of 8.26 million shares. The selling stockholder will receive all of the proceeds. The company is not selling any shares. The last...