November 20, 20240 Comments

Bitcoin rises to a new record as investors absorb growing Ukraine-Russia tensions

Thomas Trutschel | Photothek | Getty Images Bitcoin moved higher Tuesday, at one point breaching $94,000 for the first time, amid rising geopolitical tensions between Ukraine and Russia. The price of the flagship cryptocurrency was last higher by more than 1% at $92,616.00, according to Coin Metrics. Earlier, it rose as high as $94,068.75. Shares of MicroStrategy, which trade as a bitcoin proxy, rose 11.9%. The move follows overnight reports

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November 20, 20240 Comments

Trump’s FCC pick, Brendan Carr, wrote Project 2025’s chapter on the agency. Here’s what he wants.

Trump to announce more cabinet picks this week Trump to announce more cabinet picks this week 03:10 President-elect Donald Trump’s pick to run the Federal Communications Commission, Brendan Carr, will oversee the agency that regulates U.S. internet access and communications networks such as TV and radio. Carr believes it’s an institution ripe for change,  according to the chapter he wrote in Project 2025 about the FCC. Carr will be stepping

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November 19, 20240 Comments

Qualcomm says it expects $4 billion in PC chip sales by 2029

Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024. Ann Wang | Reuters Qualcomm said on Tuesday that it expects its push into new markets to generate an additional $22 billion per year by 2029. Of that amount, roughly $4 billion will come from PC chips, Qualcomm said at its investor day on Tuesday. The chipmaker just introduced PC processors earlier this year, when

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November 19, 20240 Comments

H&R Block, Intuit stocks fall following Trump tax-filing app report

Michael Nagle | Bloomberg | Getty Images The stock prices for H&R Block and Intuit fell after a report Tuesday said Trump’s government efficiency team is considering creating a free tax-filing app. Intuit, which makes the TurboTax tax-filing software, was down 5%, putting it on pace for its worst day since Aug. 23, when the company’s stock price fell nearly 7%. H&R Block was down 8% and on pace for

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November 19, 20240 Comments

Super Micro shares soar after company names BDO as new auditor

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7.  Annabelle Chih | Bloomberg | Getty Images Super Micro Computer shares jumped more than 30% on Tuesday after the embattled server maker said it named BDO as its new auditor and submitted a plan to Nasdaq detailing its efforts to regain

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