News
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UPDATE 7-Oil settles up 1% as cold weather in US, Europe drives winter fuel demand
Cold weather drives winter fuel demand, buoying crude pricesUltra-low sulfur diesel futures trades at three-month highBrent futures market structure indicates tighter market Biden to announce new sanctions targeting Russia's economyUpdates with settlement pricesBy Georgina McCartney HOUSTON, Jan ...Reuters
Thu, Jan 9
CORRECTED-UPDATE 7-US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military
In paragraph 9, removes stock symbol from Autel Robotics which was erroneously identified with the symbol of its prior parent firm Autel GroupTencent's HK shares fall 7%, CATL drops 5%, COSCO down 4%Tencent, CATL deny military ties, call designations mistakesList is part of US efforts to restrict Ch...Reuters
Thu, Jan 9
XRP ETF Expected To Come ‘Very Soon’, Says Ripple President
In a recent interview with Bloomberg Crypto, Ripple President Monica Long expressed strong optimism about the imminent approval of a spot XRP exchange-traded fund (ETF) in the United States. Long also provided insights into the expansion of Ripple’s new RLUSD stablecoin, which she believes will...
Why Apple Stock Gained 30% Last Year
Based on nothing more than the numbers, shares of consumer-technology titan Apple (NASDAQ: AAPL) should have barely budged in 2024. The top line only improved to the tune of 2% for the fiscal year ending in September, while net income fell more than 3% year over year.The Motley Fool
Thu, Jan 9
Musk to host German far-right leader on X, stirs angst about election meddling
BERLIN, Jan 9 (Reuters) - Elon Musk will host the leader of the far-right Alternative for Germany (AfD) on X on Thursday, stoking concerns in Berlin and Brussels about possible meddling by the U.S. billionaire in campaigning for Germany's Feb. 23 national election.
Reuters
Thu, Jan 9
Bitcoin May Rally In Q1 2025 Driven By US Fed’s Money Printing, Predicts Arthur Hayes
In a recent blog post, serial crypto entrepreneur and commentator Arthur Hayes predicted that fresh liquidity injections into the US economy following President-elect Donald Trump’s inauguration could spur a Bitcoin (BTC) rally in Q1 2025.
Microsoft is reverting its Bing AI image generator due to quality complaints
Due to quality complaints, Microsoft announced that it would return its Bing AI image generator to its previous state. The company made the decision after users complained that Bing Image Creator got noticeably worse after a December update.Cryptopolitan
Thu, Jan 9
Bitcoin Realized Profits Drop To 2021 Peak Levels – Bullish Rallies Historically Begin At Lower Values
Bitcoin’s sentiment has taken a sharp turn, moving from bullish optimism above the $100K mark to growing fear as the price hovers around $95K. The much-anticipated clean breakout after reclaiming the $100K level has failed to materialize, leaving investors questioning the strength of the current...Nvidia CEO Jensen Huang Just Delivered Terrible News for Quantum Computing Stocks
Quantum computing offers a potential solution. The qubits that comprise a quantum computer are fuzzy. They're not 0 or 1 like a traditional bit, but instead some combination of those two states. This quantum strangeness can be harnessed to perform certain computations exponentially faster than...The Motley Fool
Thu, Jan 9
RPT-COLUMN-Fed can soothe Trump or Treasuries, not both: Mike Dolan
Repeats column published earlier on ThursdayBy Mike Dolan LONDON, Jan 9 (Reuters) - Extreme bond market agitation has put the Federal Reserve in a bind. It can either cool long-term inflation fears or acquiesce to President-elect Donald Trump's complaints about interest rates being "far too high....Reuters
Thu, Jan 9
UPDATE 2-China's EV exports seen stalling in 2025
China's auto exports to slow, EV exports to see no growthEU tariffs and Russia shipment drop impact export growthDomestic market sees record EV sales amid price war, subsidiesSales of EVs, plug-in hybrids seen headed for weakest growth since 2021Recasts with export estimates BEIJING, Jan 9 (Reute...Reuters
Thu, Jan 9
