Bitcoin surged above $100,000, bolstering Wall Street bulls and fueling predictions for a potential doubling in price by the end of next year. Analysts attribute the rally to crypto-friendly policies under Donald Trump’s administration. Gautam Chhugani, a Bernstein analyst, expects Bitcoin to reach a cycle-high of $200,000 in late 2025. The analyst credits Trump’s pick … Read more
South Korea’s $54 billion electric-vehicle battery plan for US under threat President-elect Donald Trump’s skepticism towards electric vehicles (EVs) has led South Korean companies to reconsider their investments in the US. The concerns stem from potential tax credit reductions, which would impact demand and profitability. Several companies, including Posco Future M, have slowed or halted … Read more
Grinding Gear Games’ highly anticipated action role-playing game, Path of Exile 2, has exceeded expectations with over half a million concurrent players on Steam alone. The game’s Early Access launch saw a surge in popularity, despite initial server issues that prevented players from logging in. Path of Exile 2 offers six character classes, each with … Read more
Imax Corporation has reported significant growth across the Asia-Pacific markets, with robust expansion plans in Southeast Asia and a strong presence in local language content. The company’s footprint in Indonesia has doubled to 18 operational screens, with two more in the pipeline, accounting for 5% of the country’s box office revenue. According to CEO Richard … Read more
Wall Street’s most optimistic forecast predicts the S&P 500 will reach a new high of 7,100 by 2025. This ambitious target is attributed to a resilient economy, according to John Stoltzfus, chief investment strategist at Oppenheimer Asset Management. His forecast surpasses Deutsche Bank’s current top prediction of 7,000, which is also shared by Yardeni Research. … Read more
Penn State will host No. 10 SMU in the first round of the College Football Playoff on December 21 at noon. The game, dubbed a “White Out,” marks the Nittany Lions’ first-ever appearance in the playoff. Historically, Penn State and SMU have met three times, with the Nittany Lions holding a slight edge. Their most … Read more
Social media giant X has launched a free version of its chatbot, Grok, allowing non-premium users to access the AI tool with limited features. The move comes after previously requiring premium subscription access. Grok’s new free tier limits users to 10 questions every two hours, three image analyses per day, and four image generations daily. … Read more
US Vice President-elect JD Vance has backed President-elect Donald Trump’s stance on intervening in Syria, stating that “this is not our fight”. Vance made the comments on social platform X after rebels took control of the capital city of Damascus. The comments echo Trump’s earlier statement, where he said that the US should stay out … Read more
Minnesota is experiencing its highest number of whooping cough cases in over a decade, according to the state Department of Health. As of last Wednesday, 2,324 cases of pertussis, also known as whooping cough, were reported, mostly in the Twin Cities metro area. This is the highest number since 2012. The disease typically peaks every … Read more
The US has seen a record number of whooping cough cases this week, with at least 364 reported to health authorities, surpassing the previous Thanksgiving record of 228 cases in 2010. The Centers for Disease Control and Prevention (CDC) reported the increase ahead of Thanksgiving, which typically sees a slowdown in cases due to delays … Read more