News

Investors and traders in the stock market love to ride momentum, and the build-out of data processing infrastructure to support generative artificial intelligence seems likely to continue for some time.

The digital world is growing at a remarkable pace, with social media, mobile apps, websites, online search, and e-commerce becoming integral to our personal and public lives. Meanwhile, more businesses are focusing their advertising and marketing efforts on the digital side. According to Grand View Research, the digital ad market was worth $365.37 billion in 2022, and looking ahead to 2030, the research firm expects digital advertising to achieve a compound annual growth rate (CAGR) of 15.5%. Su

The crypto market is notorious for its volatility, and the price of Bitcoin can gyrate wildly on a day-to-day basis. In a very short time, it has become the most popular way for investors to get exposure to Bitcoin and now ranks among the top 1% of all exchange-traded funds (ETFs) in terms of assets under management. What is the iShares Bitcoin Trust?

The change comes into effect before the market opens on Dec. 23, Nasdaq said. Data analytics firm Palantir Technologies and Taser maker Axon Enterprise were added to the Nasdaq-100 Index along with MicroStrategy. Gene-sequencing equipment maker Illumina, AI server maker Super Micro Computer and vaccine maker Moderna were removed, Nasdaq said.

The self-described Bitcoin Development Company became one of the 75 largest non-financial firms in the Nasdaq after its explosive growth this year.

The office is requesting the information to accurately assess the risks crypto poses to financial stability.

Bitcoin reaching $100,000 might only be a sign of what's to come.

U.S. Treasury Secretary Janet Yellen told Reuters on Friday that the U.S. is looking at further sanctions on "dark fleet" tankers and will not rule out sanctions on Chinese banks as it seeks to reduce Russia's oil revenue and access to foreign supplies to fuel its war in Ukraine. Yellen said in an interview that the U.S. and its allies also could consider lowering their $60-per-barrel oil price cap on Russian oil, which prohibits Western insurance and maritime services on cargoes above that level. The Treasury has already sanctioned individual tankers and their owners for operating above the price cap and can do more in this area, Yellen added, suggesting additional measures in the five weeks before she leaves office.

The vote is a part of a growing movement of governments and companies to invest in Bitcoin as a hedge against inflation.

(Bloomberg) -- Emerging-market currencies posted a second-straight week of losses, led lower on Friday by the Brazilian real, as traders prepare for the Federal Reserve’s last meeting of the year.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfCity Hall Is HiringAmerican Institute of Architects CEO ResignsLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAn index of developing-world currencies slid Friday to cap off a 0.2%