A general view of the GameStop logo on one of its stores in the city center of Cologne, Germany.Ying Tang | Nurphoto | Getty ImagesVideo game retailer GameStop announced Tuesday its board has unanimously approved a plan to buy bitcoin with its corporate cash, a move that MicroStrategy became well-known for.The meme stock jumped more than 6% in extended trading following the news. The announcement confirmed CNBC’s reporting in February on GameStop’s intention to add bitcoin and other cryptocurrencies to its balance sheet.The retailer said in a filing that a portion of its cash or future debt and equity issuances may…
Author: usaeverydaylife
A sign for Freddie Mac is seen at their corporate headquarters campus on Oct. 9, 2024 in Tysons Corner, Virginia. Kevin Dietsch | Getty ImagesThe newly confirmed director of the Federal Housing Finance Agency, Bill Pulte, who oversees mortgage giants Fannie Mae and Freddie Mac, said he will not lower the conforming loan limit, or the maximum value for the loans the two firms will buy and guarantee.That limit is calculated each year according to current home prices. It now stands at $806,500, an increase of $39,950 (or 5.2%) from 2024.”There are no plans to do anything as it relates to…
A handout picture from October 2019 shows Sundar Pichai with one of Google’s Quantum Computers in the Santa Barbara lab, California, U.S. Picture taken in October 2019. Google/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY.Handout . | ReutersOne of Google’s top executives working on quantum computers said he believe the technology is only five years away from running practical applications that can’t be calculated on modern computers.Julian Kelly, Google Quantum AI’s director of hardware, told CNBC’s Deirdre Bosa that a quantum computer may be able to do cutting-edge physics and potentially generate new kinds of data.”We…
In the first week of the baseball season, there’s a war going on in the hearts and minds of baseball fans — a battle between what you so desperately want to believe can happen and what you think will really happen. It’s the gap between the naivete of youth and the realism of experience, played out over 162 games.I’m here to tell you it’s OK to dream a little. This is the time to think big about breakthroughs and bouncebacks, about capturing magic in a bottle and somehow prolonging it for six weeks or six months. This time last year,…
It was shortly after 2 a.m. on March 2, the police said, when two members of the British Royal Air Force approached a statue of Paddington Bear, sitting placidly on a park bench in Newbury, England, and holding his favorite snack: a sandwich dripping with marmalade.The men then kicked, broke apart and stole Paddington, leaving a husk of the bear still affixed to the park bench. But it turns out that they had picked the wrong bear to mess with, in the wrong place.Newbury has a special reverence for Paddington, as the birthplace of Michael Bond, the author of the…
Over the past two weeks, I’ve been closely tracking SPY and QQQ, highlighting the key indicators to watch for signs that this market correction might be nearing its end. Rather than relying solely on the traditional MACD (12,26,9) — which tends to lag price action — I opted for a more responsive setting: MACD (5,13,5). This faster version gave us an early signal on March 14, suggesting the correction could be behind us. Of course, early signals can sometimes be deceptive and generate false positives or “noise.” That’s why it’s important to seek confirmation from a longer time frame. In…
Frank Bisignano testifies before the Senate Finance Committee on his nomination to be Commissioner of the Social Security Administration, on Capitol Hill in Washington, DC, March 25, 2025. Saul Loeb | AFP | Getty ImagesPresident Donald Trump’s nominee to lead the Social Security Administration, Frank Bisignano, faced senators’ questions on Tuesday as to how involved he has been with recent changes at the agency under the Department of Government Efficiency.The unofficial government entity known as DOGE has been tasked by the White House to root out waste, fraud and abuse in the federal government, including at the Social Security Administration, which…
Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021.David Paul Morris | Bloomberg | Getty Images23andMe has officially filed for Chapter 11 bankruptcy protection, which means its assets — including its vast genetic database — will soon be up for sale.The company continues to sell its at-home DNA testing kits, allowing consumers to get insight into their family histories and genetic profiles. DNA data is particularly sensitive because each person’s sequence is unique, meaning it can never be fully anonymized, according to the National Human Genome Research Institute.If genetic data falls into the hands of bad…
The memories, joyful and painful, will endure.In Game 1 of last year’s World Series, Freddie Freeman hit the first walk-off grand slam in the 120-year history of the Fall Classic. The shot at Dodger Stadium immediately joined the list of indelible Series walk-offs — Joe Carter in 1993, Kirk Gibson in 1988, Bill Mazeroski in 1960. And it was all the more improbable considering Freeman was playing with broken rib cartilage and a right ankle injury that would require surgery.Five months later, the recollections of the participants remain vivid.“Hands-down the best sports moment I’ve ever witnessed,” Los Angeles Dodgers manager…
Pedestrians walk past a CHAGEE store in Shanghai, China on March 14, 2025. CFOTO | Future Publishing | Getty ImagesChinese bubble tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker “CHA.”The IPO filing comes as the company prepares to open its first U.S. store in the Westfield Century City Mall in Los Angeles this spring.Since its founding in 2017, the company has grown to more than 6,400 teahouses across China, Malaysia, Singapore and Thailand, as of Dec. 31, according to a regulatory filing. Roughly 97% of its locations are…
