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USD/JPY declines to near 157.00 as Japan warns against sharp currency moves
The USD/JPY pair attracts some sellers to around 157.00 during the early Asian session on Tuesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) after Japanese officials warned against "one-sided and sharp" currency moves, raising fears of intervention.
Fxstreet
Tue, Dec 23
Oracle Jumps 3%. Wells Fargo Sees More Than 40% Upside for Oracle as AI Pessimism Looks Overdone
Wells Fargo believes that recent weakness tied to worries over the AI trade have left Oracle undervalued. The bank reiterated its overweight stance on the software stock. Its $280 price target implies upside of 41% from Monday’s close. Shares of Oracle rose 3.34% to close at $198.38 on Monday.Shares
Tiger News
Tue, Dec 23
Pressure mounts on Intel as political money hits the company
Intel’s stock rose 86% for the year after a rush of new money from the US government, Nvidia, and SoftBank, plus the hiring of a new CEO. But the company still entered 2026 without a single major outside customer for its foundry business, which continues to lose money. MorningStar analyst Brian Colello said Intel ended […]Cryptopolitan
Mon, Dec 22
Microsoft shifts toward cloud and cross-platform plans, Xbox suffers
Xbox is slipping far behind PlayStation and Switch, and the numbers look worse each quarter. The platform has been hit with layoffs, studio closures, price jumps and weak console sales. Many people inside the industry now say the brand is dying. Laura Fryer said in June that Microsoft seems to have “no desire or literally […]Cryptopolitan
Mon, Dec 22
OpenAI lifts its compute margin to 70% as it tries to reach profit
OpenAI’s compute margin is has hit 70%, according to The Information, which said the number rose from 52% at the end of 2024 and was roughly half of today’s level at the start of that same year. The rally comes while the company still reports no profit, even after being valued at $500 billion in […]Cryptopolitan
Mon, Dec 22
Tariff reversal forces new political and economic questions
A fight over Trump’s tariffs is turning into a headache over money flow, and Kevin Hassett is the one spelling out how messy it could get. He warned that a Supreme Court ruling that kills the tariffs and forces refunds would cause what he called an “administrative problem,” since the government would need to return […]Cryptopolitan
Mon, Dec 22
South Korea prepares second phase of CBDC pilot focused on subsidy payments
The Bank of Korea (BoK) is reportedly preparing to launch the second phase of its central bank digital currency (CBDC) pilot, with a key emphasis on testing the distribution of government subsidies through digital currency. The CBDC project ultimately aims to enhance fiscal efficiency by curbing misuse and slashing administrative costs. However, the broader pushback […]Cryptopolitan
Mon, Dec 22
Stablecoins Get A Break? US Lawmakers Propose Tax Relief
Lawmakers in the US have put forward a discussion draft that would ease tax reporting for small stablecoin payments and let some crypto earners delay taxes on staking and mining rewards. Related Reading: Bitcoin’s Quantum Debate Heats Up As Adam Back Challenges Nic Carter According to reports, the p...Bitcoinist
Mon, Dec 22
Are Bears Still in Control? Bitcoin’s (BTC) Shows Downside Signals Despite Fresh Inflows
Bitcoin’s (BTC) price action has entered a conflicted phase, with renewed institutional inflows clashing against clear signs of market stress. After peaking above $126,000 earlier this year, the world’s largest crypto has retreated sharply and is now trading more than 30% below its all-time high.Bitcoinist
Fri, Dec 19
Elon Musk’s NASA chief ally says SpaceX rival Blue Origin might be picked for US lunar project Artemis
NASA’s new boss Jared Isaacman walked into the job on Thursday and wasted no time shaking both SpaceX and Blue Origin, saying the agency will choose the company that builds a working moon lander first.Cryptopolitan
Fri, Dec 19
TikTok Says It Signed Agreements for New US Joint Venture, Bloomberg Reports
TikTok Chief Executive Officer Shou Chew told employees that the social media company and its parent, ByteDance Ltd., signed binding agreements to create a US joint venture majority-owned by American investors.Tiger News
Fri, Dec 19
Meta's Mark Zuck announces new AI model Mango to compete with Sundar Google, Sam OpenAI
Mark Zuckerberg is pushing Meta straight back into the AI fight with Mango, a new image and video model that sits beside Meta’s next text model, Avocado, all built to take on Google’s new Gemini tools and OpenAI’s image systems. Meta wants both models in the first half of 2026, according to Alexandr Wang, the […]Cryptopolitan
Fri, Dec 19
White House czar says crypto CLARITY Act set for Senate markup in January
The White House’s chief crypto and artificial intelligence policy official says that the Digital Asset Market Clarity (CLARITY) Act — historic legislation intended to clarify the regulatory authority applicable to digital assets — is slated for Senate markup early next year, representing a significaCryptopolitan
Fri, Dec 19
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