Super Micro Computer (SMCI) +7.46% ▲ has been at the center of attention in 2025, with the AI-driven server manufacturer facing a critical juncture. The company is pushing forward with innovative technology and partnerships despite accounting woes that have raised regulatory concerns. In its upcoming earnings report on February 11, SMCI will face intense scrutiny … Read more
US President Donald Trump met with U.S. Steel CEO David Buritt at the White House, sparking renewed speculation about a potential deal between Japanese firm Nippon Steel and the struggling steelmaker. Nippon Steel’s $14.9 billion bid for U.S. Steel was blocked by former President Joe Biden last month. However, the company claims its proposal aligns … Read more
The Federal Deposit Insurance Corporation (FDIC) is updating its guidelines for banks engaging in crypto-related activities. The changes aim to provide clarity for banks seeking permission to issue tokenized deposits, a potential alternative to stablecoins. Tokenized deposits would integrate checking accounts with blockchain technology, signaling a shift toward adapting banking infrastructure to the digital asset … Read more
US Secretary of State Marco Rubio seized a second plane belonging to Venezuela’s President Nicolas Maduro on Thursday, following a similar instance in September when a Venezuelan aircraft was seized in the Dominican Republic. The relationship between Caracas and Washington has been tense for decades. The planes, both used by high-level Venezuelan officials, were purchased … Read more
New York Attorney General Letitia James has demanded that Altice USA, the owner of cable TV giant Optimum, refund customers who were impacted by recent blackouts of the MSG cable channels. James, along with the attorneys general of Connecticut and New Jersey, issued a letter to Altice USA chairman and CEO Dennis Matthew, calling for … Read more
Super Micro Computer (SMCI) announced its Q2 FY2025 earnings call will be held on February 11, which is expected to be a significant catalyst. The event may help the company meet its FY2024 10-K filing deadline as agreed with Nasdaq, reducing delisting risks. The stock’s recent rebound has sparked optimism among investors. Since mid-November, SMCI’s … Read more
Comedian Mo Amer is speaking out about the challenges of being a Palestinian American comedian who has found success with his scripted Netflix show “Mo”. The 43-year-old actor and stand-up performer, who has been in the industry for two decades, recently starred in the second and final season of his own show. In a unique … Read more
Gisele Bündchen has welcomed a baby boy with boyfriend Joaquim Valente. The Brazilian supermodel gave birth to a healthy baby boy, and his middle name is River, according to People. This follows the tradition started by Bündchen’s ex-husband Tom Brady, who also named one of their children after a water-related theme. Bündchen shares two other … Read more
Snap CEO Evan Spiegel has changed his LinkedIn title to jokingly reference Meta’s habit of cloning features from Snapchat. The move comes amid a well-documented rivalry between the two tech giants, with Meta often seen as a fast follower after Snapchat launches a new component that gains popularity. Spiegel took aim at Mark Zuckerberg’s company … Read more
The US Senate Banking Committee held a hearing to investigate debanking practices, revealing a concerted effort by regulators to stifle the growth of the cryptocurrency industry. Acting FDIC Chairman Jelena McWilliams released documents showing banks were asked to pause all crypto-related activities, leading many businesses to relocate. Crypto entrepreneurs, like Old Glory Bank CEO Mike … Read more