His one caveat: if it can hold the $75,000 level, bitcoin bulls may “prove him wrong.” Other experts called his prediction an “attention-grabbing extreme” and “almost unimaginable.”
Category: Business
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Intel rises on news it will join Elon Musk’s Terafab project
Could this be the long-sought solution for the company’s floundering foundry division?
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Delta to increase bag fees by $10 on domestic flights this week, following JetBlue and United, as jet fuel surges
When one major airline makes a change to its fees, others tend to follow.
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US stock futures slump, oil jumps after Iranian media reports explosions on Kharg Island
Trump’s most recent deadline for escalating attacks on Iran if the Strait of Hormuz is not reopened is 8 p.m. ET on Tuesday.
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Universal Music jumps on Pershing Square’s $64 billion merger proposal
Universal Music Group (UNVGY) ADRs rose 11% in premarket trading on Tuesday after Bill Ackman’s Pershing Square Capital offered a deal to combine the world’s largest music company with Pershing Square…
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Broadcom jumps after locking down Google as a customer for future generations of TPUs
Based on the rave reviews for Gemini 3, why wouldn’t you stick with what’s working?
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Anthropic boasts revenue run rate of $30 billion as the Claude developer expands its partnership with Google and Broadcom
Anthropic’s revenue run rate is higher than the trailing 12-month revenues of all but 129 S&P 500 companies.
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Health insurers surge after Medicare agrees to pay 2.48% more in 2027, a bigger than expected boost
A rare win for the health insurance lobby
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Stocks maintain gains after whipsawing as traders digest war updates
Stocks rose for the fourth-consecutive session as traders vacillated between hopes for a ceasefire and fears of an escalation.
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Report: Some of Meta’s new AI models will eventually be open source
Meta is racing to catch up to competitors after spending hundreds of millions assembling an all-star team of AI researchers. The new models will be the first since Meta hired Scale.AI’s Alexandr Wang.
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Netflix launches gaming app for children 8 and under
Netflix is refocusing its gaming efforts away from indies and toward family-friendly titles.
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OpenAI’s plan for an AGI world: AI for all and a 4-day work week
The company’s policy paper calls for a new social contract that includes AI at the center of everything, which could lower costs and create cures for diseases, but also warned it may upend the public safety…
