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Strategic Bitcoin Reserve Proposed By French MEP To Bolster EU
French Member of the European Parliament (MEP) Sarah Knafo delivered a high-profile address, urging the European Union (EU) to adopt a “Strategic Bitcoin Reserve” as part of a broader effort to promote financial autonomy and combat inflationary pressures.
Australian Dollar depreciates as US Dollar remains solid ahead of Fed decision
The Australian Dollar (AUD) extends its losses for the second successive session against the US Dollar (USD) on Wednesday. Traders are bracing for a potential 25 basis point rate cut by the US Federal Reserve (Fed) later in the North American session.
Fxstreet
Wed, Dec 18
Bitcoin mining stocks rise after getting a new bull on Street
Investing.com -- Piper Sandler initiated research coverage on Bitcoin miners and crypto infrastructure firms on Monday, including MARA Holdings (NASDAQ:MARA), Riot Platforms (NASDAQ:RIOT), Hut 8 Corp (NASDAQ:HUT), and Galaxy Digital (TSX:GLXY).Why Broadcom Stock Is Slipping Today
After a two-session surge driven by the emergence of the chipmaker's artificial intelligence (AI) business in the fiscal fourth-quarter earnings report it delivered on Thursday, Broadcom (NASDAQ: AVGO) was pulling back Tuesday morning alongside the broader semiconductor sector.The Motley Fool
Wed, Dec 18
Solana Monthly Chart ‘Looks Ready For A Monster Run’ – Details
Solana (SOL) has been holding steady above a crucial demand level near $210, a key area that could ignite a massive bull run. After reaching an all-time high (ATH) on November 22, Solana has experienced a 23% retracement, testing investor confidence.
Salesforce to hire 2,000 for AI product sales, says CEO Marc Benioff
Salesforce is set to hire 2,000 new salespeople to focus on selling artificial intelligence (AI) products, doubling its initial hiring plans as the company prepares to launch its next-generation AI agent software in February 2025.Cryptopolitan
Wed, Dec 18
Goldman Sachs upgrades SolarEdge to ‘buy’ on recovery hopes
Investing.com -- Goldman Sachs upgraded SolarEdge Technologies Inc (NASDAQ:SEDG) to buy from sell, on early signs of a recovery and the company’s shrink-to-grow restructuring strategy, which is expected to stabilize its balance sheet.Investing.com
Wed, Dec 18
Metaplanet issues 4.5 billion Yen bonds for Bitcoin
Metaplanet Inc., has issued ¥4.5 billion ($30 million) in zero-interest bonds to accelerate its Bitcoin acquisition, strengthening its position as Asia’s largest corporate Bitcoin holder and increasing investors with plans for future bond issuances and Bitcoin-based shareholder rewards.Why China's BYD Company Stock Popped Today
BYD Company (OTC: BYDDY) stock raced 3% higher through 11 a.m. ET Tuesday after the business passed a significant production milestone -- one that puts it head and shoulders above electric vehicle (EV) archrival Tesla (NASDAQ: TSLA).The Motley Fool
Wed, Dec 18
WTI holds below $70.00 as weak Chinese data sparks demand concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.70 on Wednesday. The WTI price edges lower amid the renewed concerns about Chinese demand. Investors remains cautious ahead of the US Federal Reserve (Fed) interest rate decision on Wednesday.
Fxstreet
Wed, Dec 18
