The personal consumption expenditures price index (PCE) increased by 0.2% on the month and showed a 12-month inflation rate of 2.3%, matching expectations. Core inflation also rose 0.3% monthly and reached an annual reading of 2.8%, as forecast. Spending on goods and services grew 0.4% in October, while personal income jumped 0.6%, exceeding the predicted … Read more
Bitcoin’s recent retreat from $99,000 has led some to question whether the party is over for the cryptocurrency. However, despite the pullback, there are still several reasons to believe that Bitcoin has significant upside potential as we head into 2025. The psychology of Bitcoin plays a crucial role in determining its price. Market sentiment, tracked … Read more
A well-known crypto analyst is cautioning that Bitcoin may be nearing a local top due to certain indicators suggesting a pullback in the near future. Recognized for their precise market calls, the analyst, Capo, points to factors like overextended bullish sentiment and waning momentum as signs of an imminent correction. Bitcoin has recently experienced a … Read more
Security researchers have discovered the first-ever UEFI bootkit targeting Linux, dubbed “Bootkitty” by Slovak security firm ESET. The bootkit was detected on a malware encyclopedia and appears to target a limited number of Ubuntu releases. While it’s not considered a real threat at present, its discovery highlights the evolving nature of UEFI threats. ESET researchers … Read more
The long-awaited $80 Limited Edition of Stalker 2: Heart of Chornobyl is back in stock on Amazon, as well as the $180 Collector’s Edition. The game, an Xbox Series X|S and PC exclusive, offers a unique survival horror experience for fans. Preorders can be placed now to secure the game, which includes various collectibles and … Read more
Nvidia’s shares have risen by 179% so far in 2024, driven by strong artificial intelligence (AI)-related growth and a high price-to-earnings ratio of 55. The company’s new Blackwell generative AI architecture platform is expected to trigger the next wave of demand for its GPUs, but it may not fully ramp up until the middle of … Read more
Intel’s upcoming Arc B580 GPU has been spotted on Geekbench with allegedly 20 Xe cores and 12GB of VRAM, but its performance falls short of the previous-gen A580. According to benchmark results, the B580 achieves a score of 78,743 points, slower than the A580. The GPU features 160 Compute Units, which translate to 20 Xe … Read more
Intel has revealed that a $7.86 billion US government subsidy deal restricts its ability to sell stakes in its chipmaking unit, Intel Foundry, if it becomes an independent entity. The subsidy is part of a larger $39 billion package aimed at revitalizing the US chip manufacturing sector. The company had previously stated plans to spin … Read more
A user attempting to access VideoCardZ.com has been prompted for security verification. This step is crucial to ensure the stability and integrity of the website’s connection. The website, Cloudflare, has taken proactive measures to protect users by implementing security features that require JavaScript and cookies to be enabled. These security measures are in place to … Read more
A recent chart analysis suggests that a potential breakout in the bitcoin market is on the horizon. The analyst notes that if Donald Trump continues to lead in the polls, it could create a “Trump pump” with legs. Additionally, the current market trends support this possibility. With Trump’s popularity potentially driving investor sentiment, the analyst … Read more