Category: Big

  • China is ‘doubling down’ on chip investment with $47.5B Big Fund III

    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…

  • Could Ethereum Outshine Bitcoin With New US Spot ETFs? Traders Bet Big

    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,…

  • Housing inflation remains the big question but answers are tough

    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…

  • D.C. Democrats send findings of Big Oil investigation to Justice Department (NYSEARCA:XLE)

    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…

  • Tesla rushing to give rental companies big discounts amid plunging EV resale values

    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,…

  • Tesla rushing to give rental companies big discounts amid plunging EV resale values

    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,…

  • BTC Records Best Week Since March Amid US CPI Announcement and Big Names Buying Bitcoin ETFs: This Week’s Crypto Recap

    A lot can change in the cryptocurrency market in a week, and it has already happened in the past seven days. It was just last Friday when Bitcoin was struggling to stay above $60,000 after another decline, but the landscape is very different now. Changes started to happen over the…

  • Fed minutes the big one to watch on the economic calendar next week

    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…

  • Exxon trading at big discount to broader market, Morgan Stanley says in buy rating

    David McNew/Getty Images News Exxon Mobil (New York Stock Exchange: Schwam) +0.5% In Wednesday trading, Morgan Stanley resumes coverage with an Overweight rating and $145 price target, noting the stock trades at a roughly 55% discount to the broader market, nearly double historical levels despite cash flow/equity growth. 50% higher…

  • Are The Big Bitcoin Miners Preparing to Empty Their Bags? 

    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…

  • Yen is a big loser against the USD in Asian trade today, but its not the only one

    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…