Category: Big
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China is ‘doubling down’ on chip investment with $47.5B Big Fund III
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Beijing is “redoubling its efforts” in its quest to have China manufacture its own chips for billions more Investment round In the China Integrated Circuit Industry Investment Fund, known by its nickname “Big Fund”. The latest fund pledged as much money as the previous two rounds combined. Previous efforts to…
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Could Ethereum Outshine Bitcoin With New US Spot ETFs? Traders Bet Big
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Ethereum is currently at the top of traders’ minds, driven by recent regulatory developments in the United States. Anticipation of approval of exchange-traded funds (ETFs) for Ethereum has ignited a rally in its value. ETH price has so far seen a notable uptrend of over 20% in the past weeks,…
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Housing inflation remains the big question but answers are tough
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There are those who say housing inflation in the United States is a problem that will never go away. Below is a recent chart from Apollo, highlighting the rise in US home prices as well as rent. Does anyone else see a problem here? Granted, the rental numbers and equivalent…
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D.C. Democrats send findings of Big Oil investigation to Justice Department (NYSEARCA:XLE)
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Imagine/E+ via Getty Images Democratic lawmakers on Capitol Hill said Wednesday that they had forwarded the results of their votes to the Justice Department Investigating major oil companies and whether the industry has deceived the public about the effects of fossil fuels on climate change. in Letter to the Ministry…
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Tesla rushing to give rental companies big discounts amid plunging EV resale values
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Retail customers may approve of Tesla’s habit of announcing sudden, sharp price cuts on its electric cars. The same cannot be said for corporate customers such as rental and leasing companies, which rely on cars holding their value in the resale market. We’ve seen this in the US with Hertz,…
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Tesla rushing to give rental companies big discounts amid plunging EV resale values
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Retail customers may approve of Tesla’s habit of announcing sudden, sharp price cuts on its electric cars. The same cannot be said for corporate customers such as rental and leasing companies, which rely on cars holding their value in the resale market. We’ve seen this in the US with Hertz,…
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Fed minutes the big one to watch on the economic calendar next week
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And on days when we don’t get any big data, it can be a bit slow and uninspiring. So far today, we are at least seeing the dollar making a nice push higher. This has been helped by Treasury yields maintaining a bounce at a key technical juncture as noted…
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Are The Big Bitcoin Miners Preparing to Empty Their Bags?
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A Bitcoin sell-off may be looming as miners face increasing pressure due to a sharp decline in revenues following the April 20 halving that reduced block rewards from 6.25 BTC to 3.125 BTC. On May 13, cryptocurrency research firm Caico revealed that the recent halving reduced daily production from 900…
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Yen is a big loser against the USD in Asian trade today, but its not the only one
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…