News
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UPDATE 6-Disney's Hulu + Live TV business to combine with Fubo, clearing way for Venu Sports
Disney to hold 70% stake in combined ventureFubo agrees to drop lawsuit against Venu and will receive $220 million settlementFubo shares surge 141% after merger announcementFubo and Hulu + Live TV remain separate offerings post-dealAdds details on internet Pay TV services; updates Fubo share price; ...Reuters
Mon, Jan 6
US STOCKS-Futures rise after report of selective Trump tariffs; chip stocks gain
Jan 6 (Reuters) - U.S. stock index futures rose on Monday as optimism around AI fueled advances in technology companies, and a report suggested the incoming Trump administration could adopt a less aggressive stance on tariffs than previously anticipated.Reuters
Mon, Jan 6
Crypto Survival Mode? Bitcoin Mining Giant Lends Over 7,000 BTC Amid Operational Pressures
Marathon Digital (MARA) is one of the largest players in the Bitcoin mining space, and it has just unveiled a new approach to managing cost of operations. In a bid to ease financial pressures and generate returns, the company is lending 7,377 BTC, or about 16% of its deposit. This strategic play demBitcoinist
Mon, Jan 6
Gold price stuck in consolidation while nervousness picks up towards Trump’s inauguration
Gold’s price (XAU/USD) stabilizes near $2,640 on Monday after a quick sprint higher the first trading day of 2025 as traders were quite eager and quick to reopen their trimmed positions they had ahead of Christmas.
Fxstreet
Mon, Jan 6
The First Voice from FED in the Beginning of 2025: Hawkish! The Slowdown in Inflation Is Questioned as an Illusion
TradingKey - After the hawkish rate cut at December 2024 policy meeting, at the start of 2025, Federal Reserve officials made "hawkish" remarks, emphasizing that the Federal Reserve's task of combating inflation is still unfinished, which means that there are still significant obstacles to the Fed..
BUZZ-Barclays upgrades Capital One and Discover to 'overweight' rating
** Barclays upgrades payment firms Capital One COF.N and Discover Financial Services DFS.N to "overweight" from "equal weight" rating** Brokerage says likelihood of COF and DFS merger has increased** Barclays expects the merger to close in early 2025** Last year in February, COF said it will acquire...Reuters
Mon, Jan 6
Ethereum Founder Buterin Proposes Defense Strategy Against AI Doom Scenario
Ethereum co-founder Vitalik Buterin has published a sweeping vision for a new era of “decentralized and democratic differential defensive acceleration,” warning that superintelligent AI may pose existential threats unless humanity adopts a carefully balanced approach of accelerating protective technBitcoinist
Mon, Jan 6
USD/JPY: Chance of a rate hike at the next MPC – OCBC
USD/JPY continued to hover near recent highs. BOJ Governor Ueda reiterated that BOJ will raise policy rate if economic conditions continue to improve this year. Pair was last seen trading at 157.63, OCBC’s FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Mon, Jan 6
Ethereum’s January Performance Could Be Significant, Historic Price Trends Shows
With momentum rising across the general market, several major crypto assets like Ethereum have transitioned toward an upside direction. As a result, optimism about ETH witnessing a rally in the short term has risen significantly among crypto enthusiasts, attributing the much-anticipated move to...
Bitcoinist
Mon, Jan 6
