ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, James Angel of Georgetown breaks down crypto policy expectations for both presidential candidates. Source link
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For a decade, Elon Musk has championed the idea that one day Tesla cars will drive themselves as robotaxis. Next week, the company will unveil the design of its autonomous cabs. Despite years of bold predictions and missed deadlines, fans of the company are holding out hope that Musk will finally deliver at an Oct. 10 event. Regardless of what the company showcases at its robotaxi day, experts are skeptical of the company’s strategy, citing its Auotpilot and FSD technology as a barometer for Tesla’s progress, or lack thereof.In the decade that Musk has promised driverless vehicles, competitors have made…
Damaja Jones conducts offseason workouts for the Helix High football team at 6:30 a.m., starting in January.“It’s open to the whole school,” said Jones, who has been the head coach at the San Diego area school since 2022.Many students express interest. Very few actually show up.Aubrey Laue did, starting in January 2023, eager to make the varsity roster after playing on the JV team the year before. So she showed up every morning. The only female in the room.“She did it,” Jones said. “And the rest is history.”Laue was a third-string kicker in 2023 as a junior and didn’t get…
The stock market typically cools off in October following a really strong third quarter, but any weakness could prove to be a potential buying opportunity for year-end, according to Piper Sandler. Stocks are off to a rocky start this month, after an escalation of conflict in the Middle East, a port strike in the U.S., and the fallout from Hurricane Helene spooked investors. On Tuesday, the first day of the month , the Dow Jones Industrial Average and the S & P 500 fell, while the Nasdaq Composite dropped more than 1%. As of midday trading Wednesday, all three major…
Dell Technologies will continue to see outsized benefit from growing demand for artificial intelligence data centers, according to Goldman Sachs. The firm reiterated a buy rating on the personal computing and technology stock on Wednesday, with a $155 per share price target. Goldman’s forecast implies roughly 37% upside ahead for Dell stock from its $113.16 close on Tuesday. Dell stock has surged more than 51% in 2024. After vising the company’s Texas headquarters and meeting with executives, analyst Michael Ng says the firm came away from the discussions optimistic that the growing demand for artificial intelligence data centers will help…
With tensions in the Middle East rattling Wall Street to start October trading, Bank of America has its eye on a collection of stocks that could see strong gains in the quarter ahead. Wall Street is coming off of an unusually strong September that saw stocks conclude the month with gains for the first time in five years. September is historically the worst month of the year for equities. A 50 basis point interest rate cut helped both the S & P 500 and Dow Jones Industrial Average push higher. However, an escalating conflict between Iran and Israel poured cold…
The ‘other guy’ theory of coaches is a sporting truism.A team that loses more than it wins with a so-called ‘players’ coach’, someone who specializes in relating to athletes and creating an easygoing atmosphere, will often replace them with a disciplinarian. Reserved coaches who don’t find success get replaced by high-energy, emotional types big on motivation. The bookish sort who focusses on the X’s and O’s comes back when that act wears thin.Tennis players are no different, the latest cases being Coco Gauff and Naomi Osaka, who dueled on Tuesday in Beijing at the penultimate WTA 1000 tournament of the year.Both…
India’s recent stock market surge has investors viewing the country as an emerging market poised for long-term outperformance. The India NSE Nifty 50 Index , the country’s domestic stock market benchmark, has soared 18.7% this year, hitting record levels. The iShares MSCI India ETF (INDA) , which tracks the Indian market, is also up nearly 19% in 2024. That would be the fund’s biggest annual gain since 2017 — when it jumped 34.5%. It’s also outperforming the broader iShares MSCI Emerging Market ETF’s (EEM) 16% gain. Several elements drive the India bull market case, including an increasingly tech-savvy banking system,…
The Energy Select Sector SPDR ETF (XLE) was the worst performing sector ETF in September. This is nothing new, as it’s also the worst performing sector year-to-date (up just 7.8%). Those two bearish stats alone are enough to cause many investors to look elsewhere for potential trades. Indeed, buying stocks and ETFs that have been breaking out to new highs has been rewarded often in 2024. Case in point, of the top 20 stocks in the S & P 500 this year, only one of them currently is more than 3% below its 52-week high (Nvidia). Conversely, 14 of 22 energy…
OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies.While OpenAI didn’t name the investors in Wednesday’s press release, a person with knowledge of the matter said the round was led by Thrive Capital and included participation from existing backer Microsoft as well as chipmaker Nvidia, SoftBank and others. Thrive planned to invest $1 billion in the round, CNBC previously reported.OpenAI’s rapid ascent, which began with the launch of ChatGPT in late 2022, has been the biggest story in…
