Bitcoin’s price is heavily influenced by various factors, including institutional adoption and regulatory changes. However, proponents argue that these elements are crucial in sustaining the current high prices. But what drives investors to shift their perception of Bitcoin from a high-risk asset to digital gold? Three key catalysts for sustainable price rise include regulatory changes, … Read more
Firefly Aerospace announced that its Blue Ghost lunar lander has successfully completed on-orbit commissioning after launching on a SpaceX Falcon 9 rocket on January 15, 2025. The lander acquired signal and established communications with Firefly’s Mission Operations Center in Cedar Park, Texas. The 60-day mission, named Ghost Riders in the Sky, aims to spend approximately … Read more
The US Department of Transportation has sued Southwest Airlines for violating federal rules by operating delayed flights on two routes. The lawsuit claims that Southwest’s flights between Chicago and Oakland, as well as Baltimore and Cleveland, were consistently late over five months in 2022. The airline could face a $2.1 million fine. According to the … Read more
The US Department of Energy finalized billions of dollars in financing for electric vehicle maker Rivian Automotive Inc. and hydrogen company Plug Power Inc. just days before President-elect Donald Trump returns to the White House. Rivian received $6.6 billion in financing to construct a Georgia manufacturing plant, while Plug Power will get a $1.66 billion … Read more
Jensen Huang, co-founder and CEO of Nvidia, has been predicting a 15-30 year timeline for “very useful” quantum computers. However, Dr. Alan Baratz, CEO of D-Wave Quantum, strongly disagrees with this assessment. At the recent CES expo in Las Vegas, Huang stated that it could take up to 15 years for quantum computers to become … Read more
Kate Middleton, the Princess of Wales, announced Tuesday that her cancer is in remission, less than a year after announcing her diagnosis. The 43-year-old princess shared the update on X, writing she is “relieved to now be in remission and remains focused on recovery.” Kate had undergone chemotherapy since March and recently completed treatment, with … Read more
Researchers have made a breakthrough in restoring sense of touch and tactile sensation to individuals with hand paralysis using electrical brain stimulation. Two people who suffered from paralyzed hands regained their ability to feel objects and shape, offering hope for future therapeutic applications. This innovative approach could potentially enable individuals with spinal cord injuries to … Read more
Bank of America (BAC) and Morgan Stanley (MS) have topped Q4 earnings, sending their stocks soaring. The strong results come as bank earnings continue to roll in. Bank of America reported earnings of 82 cents per share, more than doubling from last year’s 35 cents. Revenue increased 15% to $25.3 billion, beating analyst expectations of … Read more
Donald Trump’s policy on tariffs is one that markets care about the most. This is due to its potential impact on equities through prices and bonds through currencies. However, with the president-elect having made many inconsistent statements on the topic, investors are left to speculate what his actual stance will be. Trump has assembled a … Read more
Bank of America’s fourth-quarter results surpassed expectations, driven by a 44% surge in investment banking fees and a 15% increase in revenue. The company reported a profit of $6.67 billion, or 82 cents per share, more than doubling from the same period last year. The firm’s net interest income rose 3%, exceeding estimates by about … Read more