U.S. taxpayers are now the largest shareholders in Intel. What comes next isn’t so clear. The Trump administration announced Friday that the government had taken a 10% stake in the California-based computer chipmaker, which has fallen behind rivals Nvidia and AMD in the artificial intelligence race. Over the past five years, Intel’s share price has declined more than 50%. The ...
Tavi Costa, macro strategist at Crescat Capital, shares his thoughts on gold, including what could unleash the yellow metal’s next move higher. He sees a ‘major collapse’ in the US dollar, saying a break in a key support line could boost gold. Costa also shares his outlook for silver and copper. Securities Disclosure: I, Charlotte McLeod, hold no direct investment ...
PEPE price has been volatile in recent sessions, showing sharp intraday swings yet still compressing within a tightening structure. The asset is trading at $0.00000963 after an 11% daily drop. However, the bigger picture reflects a market gearing up for a bigger move. Price has been trading within a symmetrical triangle that spans several months. The post Pepe Price Forecast ...
Donald Trump said 600,000 Chinese students would be allowed into the U.S. to study at colleges amid ongoing trade talks with China. Speaking at the White House Monday, the president’s announcement signals a potential thaw in U.S.-China relations after escalating tariffs and restrictions on Chinese students. ‘I hear so many stories that we’re not going to allow their students,’ Trump ...
The U.S. government could take equity stakes in more companies, potentially through an American sovereign wealth fund, according to one of President Donald Trump’s top economic advisers. National Economic Council Director Kevin Hassett made the comments Monday, days after the United States took a nearly 10% stake in Intel. The government secured a piece of the semiconductor maker with money ...
A broad selloff in heavyweight tech stocks at the start of the week abruptly reversed after US Federal Reserve Chair Jerome Powell delivered a speech that bolstered expectations of a September interest rate cut. Speaking at the Jackson Hole Economic Policy Symposium, Powell took a more dovish tone than investors may have been expecting, noting a slowdown in both worker ...
Michael Saylor, co-founder and executive chairman of MicroStrategy, has once again made a bold forecast about Bitcoin. Speaking live on CNBC, Saylor predicted that Bitcoin would grow 30% annually for the next 20 years. He also recently hinted on X about another possible Strategy Bitcoin purchase, keeping the firm’s long-term strategy in the spotlight. Saylor’s The post Saylor Predicts Bitcoin ...
When President Donald Trump returned to the White House in 2025, he faced the same formidable adversary that defined much of his first term: China. This time the stakes were even higher. The trade deficit with China had ballooned to roughly $300 billion, while IP protection, currency manipulation and predatory industrial and international development practices remained significant issues. And Beijing ...
Statistics Canada released July’s consumer price index (CPI) data on Tuesday (August 19). The figures show that inflation decelerated in the month, posting a 1.7 percent year-on-year gain, down from the 1.9 percent recorded in June. The most significant contributor to the fall was a 16.1 percent decline in gasoline prices from the same period last year. Excluding the lower ...
Donald Trump’s son Eric Trump has made a bold prediction for Bitcoin. Speaking at the Wyoming Blockchain Symposium, he called himself a “Bitcoin Maxi” and predicted that the world’s largest cryptocurrency would hit $175,000 before the close of 2025. Trump’s Bullish Prediction on Bitcoin During the Wyoming Blockchain Symposium, Eric Trump told attendees that he The post Eric Trump Predicts ...
FBI agents raided the Bethesda, Md., home of former national security adviser John Bolton on Friday morning, marking a new tension point in his difficult relationship with President Donald Trump. Agents also raided Bolton’s D.C. office. The reason behind the raids was reportedly linked to a probe of allegations that Bolton sent classified documents to his family from a private ...
ROCHESTER, Minnesota, Aug 22 (Reuters) – U.S. farmers will harvest a record corn crop in 2025 after ideal weather across much of the Midwest this summer, but the bounty will fall short of the U.S. government’s lofty outlook as pockets of plant disease and heat stress dented yields in spots across the farm belt, crop consultancy Pro Farmer said on ...