Ripple CEO Brad Garlinghouse has accused the U.S. Securities and Exchange Commission (SEC) of ignoring a court decision that determined XRP is not a security as the regulator still claims. He made the remarks following the agency’s stand in the Bitnomial case which saw the crypto derivatives exchange go to court against the SEC over the classification of XRP futures. ...
The man wore camouflage gear, a long beard protruding below a mask. His features were hidden, but when New Zealand police saw the video showing three figures walking behind him, one name came instantly to mind. Fugitive Thomas Callam Phillips has been evading police for three years since disappearing with his children Ember, Maverick and Jayda – now 8, 9 and ...
I was asked recently about volume, specifically why I don’t feature volume often on my daily market recap show, CHART THIS with David Keller, CMT. I replied that when I was learning the technical analysis toolkit earlier in my career, I very much paid attention to volume indicators. But in the years to follow, I developed a process that focused ...
House Oversight Chairman James Comer, R-Ky., criticized Rep. Jamie Raskin, D-Md., Friday, calling him ‘the ultimate hypocrite’ in response to a new report in which Raskin stopped short of committing to certify a potential 2024 presidential win for former President Trump. ‘Ranking member Raskin is the ultimate hypocrite,’ Comer told Fox News Digital. ‘He talks a big game about ‘saving ...
Lionel Messi played the distance on a saturated, rain-soaked pitch as the Argentine National Football Team settled for a 1-1 draw against host Venezuela on Thursday in a qualifying match for World Cup 2026. Argentina’s Nicolás Otamendi scored in the 13th minute to give the reigning World Cup champions an early 1-0 lead, but Venezuela’s Salomón Rondón scored a header ...
Amazon: $20B+ Cost Cuts, $186 Stock Hurdle Amazon (NASDAQ: AMZN) might reduce its costs dramatically by deploying autonomous electric vehicles (EVs) for middle- and last-mile deliveries, reports JMP Securities. This development could significantly impact the Amazon stock outlook. The investment firm approximates that these technological improvements could save the e-commerce giant more than $20 billion per year. Right now, fuel ...
Stillwater Critical Minerals (TSXV:PGE,OTCQB:PGEZF) has signed a non-binding memorandum of understanding (MOU) with private company US Strategic Metals (USSM) to explore potential business opportunities within the critical metals sector. The MOU outlines a broad range of potential collaborations, some of which include marketing efforts, technical support and supply chain development for critical minerals, including nickel, cobalt and other metals essential ...
The US Internal Revenue Service (IRS) is again under legal pressure in relation to taxation of cryptocurrency staking rewards. On October 10, 2024, Josh Jarrett filed a new lawsuit with support of Coin Center and against the agency’s approach of taxing block rewards as income at the time of receipt. US IRS Faces New Lawsuit Over Crypto Staking Tax In ...
Britain’s Prince and Princess of Wales made a surprise visit to Southport, northwest England, on Thursday, where they met the bereaved families of three children killed in a knife attack in July. The visit was the first public appearance for Catherine, known as Kate, since she finished her chemotherapy treatment. Bebe King, 6, Elsie Dot Stancombe, 7, and Alice da ...
Where is the Recent Performance in the S&P 500 Coming From? Let’s start with the relative rotation graph (RRG) for growth and value sectors, dissected by size to get a clearer picture. The first RRG reveals a standout performer: the large-cap growth group. These stocks, which include major tech and communication services players, started their journey of outperformance in March ...
Democratic strategists are calling on the Harris campaign to get more aggressive amid concerns her early momentum, spurred largely by Harris’ debate performance and the Democratic National Convention, has waned due to a number of factors. ‘I’m scared to death,’ Democratic strategist James Carville said Wednesday. ‘Now that the sugar high is gone, people have realized what Kamala Harris has ...
AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip is called, will start production before the end of 2024, AMD said Thursday during an event announcing the new product. If AMD’s AI chips are seen by developers and cloud giants as a ...