Author: MarketNewsData
BlackRock plans to invest in bitcoin, potentially driving the price up to $138,000 or more.
From NASDAQ: BlackRock, the largest asset manager in the world, plans to invest in spot bitcoin exchange-traded products for its
OpenAI faces copyright lawsuit from NYT for AI training data scraping, defends with hacker defense
From JD Supra: The New York Times sues Microsoft and Open AI for copyright infringement, alleging data scraping from the
Alibaba to invest $640 million in Hong Kong entertainment industry, aiming to boost local talent
From Nasdaq: Chinese tech and media giant Alibaba plans to invest $640 million in the Hong Kong entertainment industry over
Litecoin drops 11% in value along with other cryptocurrencies
From Investing.com: Litecoin experienced an 11% drop in value, with the cryptocurrency trading at $93.815 on Tuesday. This marked the
Warren Buffett shifting focus to US real estate boosts Lennar stock towards new highs.
From Nasdaq: Warren Buffett shifts focus from technology stocks to United States real estate sector, particularly in homebuilder stocks like
Acadia Pharma stops trials for pimavanserin in treating negative symptoms of schizophrenia
From Investing.com: Acadia Pharma (ACAD) shares fell over 15% after the company announced the failure of its Phase 3 ADVANCE-2
Stocks rise on positive U.S. CPI report, core CPI at 2-3/4 year low, good for market.
From Nasdaq: The S&P 500, Dow Jones, and Nasdaq are up today as stocks are trading higher on positive news
Top tech companies Nvidia, Meta Platforms, and Amazon have leading positions, while others face challenges.
From Nasdaq: After dominating the tech scene for over a decade, the Magnificent Seven are facing investor skepticism due to
NVIDIA's GTC conference will explore AI's potential in higher education and research
From NVIDIA: Explore AI’s potential in higher education and research at GTC, NVIDIA’s conference on AI and accelerated computing. With
Global Smart Healthcare Products Market is projected to grow significantly, driven by telemedicine and big data analytics
From GlobeNewswire: Custom Market Insights has published a report on the Smart Healthcare Products Market, forecasting a growth from USD
Airbus surpasses Boeing in aircraft deliveries, Boeing facing delays and quality control issues.
From CNBC: Boeing delivered 27 aircraft in February amidst ongoing quality control issues. Airbus widened its lead by delivering 79
Positive.
From Nasdaq: 1. Scientists discover new species of butterfly with transparent wings in the Amazon rainforest. The butterfly, named Cithaerias
Stocks are up as core CPI hits 2-3/4 year low, indicating unlikely rate cut
From Nasdaq, Inc.: The S&P 500, Dow Jones, and Nasdaq are all up today, with gains ranging from 0.22% to
Bitcoin mining stocks underperforming presents a buying opportunity, as Bitcoin price reaches new highs
From Investing.com: Analysts at H.C. Wainwright highlight an increase in the collective operating hash rate among publicly traded BTC miners
Brooks Running CEO Jim Weber stepping down, COO Dan Sheridan to take over
From CNBC: After more than 20 years, Jim Weber is stepping down as CEO of Brooks Running, with COO and
US inflation rate rose to 3.2% in February due to higher petrol and housing costs
From BBC: The US inflation rate rose to 3.2% in February, up from 3.1% in January, driven by higher petrol
Kohl's partners with Babies R Us to introduce baby gear in 200 stores
From CNBC: Kohl’s partners with Babies R Us owner, WHP Global, to introduce baby gear in 200 stores. The licensing
Oil prices stable as OPEC keeps demand forecast, but concerns arise over weakening demand in China
From Investing.com: Oil prices remained stable on Tuesday as OPEC maintained its forecast for demand growth this year and next.
Rising inflation at 3.2% in Feb, market breadth expanding with shift from S&P 500 to Russell 2000.
From Nasdaq: Nasdaq’s IR team provides daily market and economy roundup. Inflation surprising at 3.2% in Feb, with core prices
Bitcoin price hits new all-time high of $72,910, MicroStrategy investing heavily in Bitcoin.
From Investing.com: Bitcoin price surged to a new all-time high of $72,910, driven by investor optimism and fresh ETF approvals.
Elon Musk sues OpenAI over alleged deviation from agreement, OpenAI denies existence of agreement
From New York Post: Elon Musk sued OpenAI, alleging they’ve deviated from their 2015 agreement to prioritize humanity over profit.
VanEck waives fee for Bitcoin Trust (HODL) to offer competitive pricing for investors
From Investing.com: VanEck has waived the sponsor fee for its Bitcoin Trust (HODL), offering exposure to spot bitcoin. The fee
Bitcoin Depot is expanding with 50 new BTM kiosks in Canada, aiming to become largest fleet.
From “Investing.com”: Bitcoin Depot Inc. (NASDAQ: BTM) partners with Sopris Capital to deploy 50 new Bitcoin ATMs in Canada, expanding
Stock futures dropped then rebounded on inflation data, with traders still expecting June rate cut.
From Bloomberg: Stock futures reacted to inflation data by initially dropping, but then rebounded as it did not change expectations