Virtual Currency Soars After Investment Boost What’s Behind the Surge? Virtual currency has seen a significant 15% surge in its price within the last 24 hours, thanks to a hefty $500 billion investment in AI infrastructure by none other than Donald Trump. This sudden wave of investment has reignited interest in AI-related cryptos, with virtual…
Tesla has recently made headlines by increasing the prices of its entire vehicle lineup in Canada. This price hike has come as a surprise to many consumers, with some models seeing an increase of up to C$9,000 ($6,254.78). The move has sparked speculation about the reasons behind the price increase and the potential impact on…
Bitcoin Price Analysis: Will BTC Break $100,000 Support? Bitcoin price has been facing challenges as it struggles to clear the $107,200 resistance zone. The recent price action has left many investors wondering if BTC will break the crucial $100,000 support level. Let’s take a closer look at what’s been happening in the world of crypto…
HSBC Shuts Down Zing App, Faces Job Losses The Background HSBC, the largest bank in Europe, has recently made the decision to shut down its international payments app, Zing. This move, which could potentially result in around 400 job losses, is part of the bank’s broader cost-cutting efforts under the leadership of CEO Georges Elhedery….
Wendell Huang, CFO of TSMC, Discusses CHIPS Act Funding and Technology Gap with China Prospect of CHIPS Act Funding Wendell Huang, the Chief Financial Officer of Taiwan Semiconductor Manufacturing Company (TSMC), recently shared insights on the potential impact of the CHIPS Act funding. The CHIPS Act, which aims to boost domestic semiconductor manufacturing in the…
Investing Beyond AI: Diversifying Your Portfolio in 2025 Don’t Put All Your Eggs in the AI Basket Artificial intelligence (AI) was, once again, the hottest investing topic in 2024. It might remain so in 2025, but that doesn’t mean there aren’t companies in other fields worth investing in. While AI technology continues to dominate headlines…
Welcome to the Future of Transportation: Phoenix Motor Inc.’s New CTO Appointment ANAHEIM, CA / ACCESS Newswire / January 23, 2025 Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced the appointment of Tony Zhou as its new Chief Technology Officer (CTO), effective January…
XRP’s Recent Value Decline Explained What Happened? On January 16, 2025, XRP reached an all-time high of $3.41, sparking excitement among investors. However, since then, the value of XRP has dropped by 9%. This decline is primarily due to a surge in profit-taking activity by traders, leading to selling pressure on the cryptocurrency. Understanding Profit-Taking…
