Why Bitcoin Dropped After Treasury Secretary Said U.S. Government Can’t Bail Out Crypto
Bitcoin prices dropped after U.S. Treasury Secretary Scott Bessent told lawmakers that the federal government does not have the authority to…
Why U.S. Oil Prices Dropped as Talks With Iran Were Announced and Inventory Data Loomed
Oil prices in the United States fell recently after news that the U.S. and Iran agreed to resume talks in Oman. This eased fears of a wider…
Why HP, Dell, Acer and Asus Are Rethinking Memory Chip Supply in the U.S. Tech Market
Some of the world’s biggest PC makers are quietly reviewing where their computer memory comes from. HP, Dell, Acer and Asus are exploring new…
U.S. Stock Index Futures Show Mixed Signals as Tech Sector Sell-Off Continues
U.S. stock futures were mixed on Thursday after another deepening sell-off in technology stocks that pressured major indexes on Wall Street.…
MediaTek Warns of Supply Chain Strain From Growing AI Chip Demand
Taiwan’s top chip design company, MediaTek Inc., said its global supply chain is strained by rising demand from artificial intelligence…
Nintendo Stock Falls Nearly 10 Percent as Momentum Worries Rise for Switch 2 Console
Shares of Nintendo Co. Ltd. fell roughly 10 percent in Tokyo trading on Wednesday as investors grew concerned about the momentum of its new…
Trump Administration Launches Major Critical Minerals Strategy to Reduce China Dependence
The Trump administration is intensifying efforts to secure the supply of critical minerals outside of China, part of a broader push to reduce…
Anthropic’s AI Tool Sparks Global Selloff in Software and IT Stocks
Financial markets experienced a notable selloff in data analytics, professional services and software company stocks after the AI developer…
Nvidia’s AI Chip Sales to China Remain Delayed as U.S. Security Review and Licensing Uncertainty Continue
Nvidia’s plan to sell its advanced H200 artificial intelligence (AI) chips to China is still unresolved nearly two months after U.S. President…
U.S. and India Agree Trade Deal With Lower Tariffs as India Pledges Shift in Oil Buying
President Donald Trump announced that the United States and India have agreed to a new trade deal, with both sides describing changes to…