Tesla shares pop 6% as post-election rally continues

Elon Musk embraces Republican presidential nominee and former President Donald Trump during a campaign rally at the Butler Farm Show fairgrounds in Butler, Pennsylvania, on Oct. 5, 2024. Anna Moneymaker | Getty Images Tesla shares popped 6% on Monday, continuing to ride a postelection rally as President-elect Trump, closely allied with CEO Elon Musk, begins to set up his presidential cabinet. Analysts at Wedbush reiterated their “outperform” rating on the

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Why Bitcoin (BTC) Price Gains May Be Choked Between $90K and $100K?

Those making the bitcoin options market on crypto exchange Deribit currently appear to have a significant positive “gamma” exposure at the $90,000 and $100,000 strike options. In simple terms, it means traders/investors have sold options at these levels, leaving market makers, who are always on the opposite side, with a large chunk of long positions. Source link

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The rise of AI celebrity endorsements

The rise of AI celebrity endorsements – CBS News Watch CBS News AI-generated images of celebrities endorsing political candidates are spreading quickly. Learn how to spot the fakes and avoid being misled. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

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Silicon Valley’s General Catalyst makes first investment into Saudi Arabia

Silicon Valley venture capital firm General Catalyst has made its first investment in Saudi Arabia through fintech startup Lean Technologies, which just closed a Series B round worth $67.5 million. General Catalyst has $30 billion in assets under management and has backed major U.S. tech companies like Snap, Stripe and AirBnb. Lean Technologies’ fundraising round also saw participation from Bain Capital Ventures, Stanley Druckenmiller’s Duquesne Family Office, and Arbor Ventures, among

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Where the Demand Comes From as the Bitcoin (BTC) Price Breaks Tops $82K: Van Straten

Zooming out over the past three years, it’s apparent that when Coinbase CVD spikes, it tends to be near local highs and lows. In March, one of the highest CVD levels occurred as bitcoin broke its then-record high above $73,000. There were also high levels near cycle lows around the Luna and FTX collapse in 2022, which shows smart money buying near the bottom and others buying near the top.

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Can you spot the AI impostor? The swift rise of AI celebrity endorsements

Two months before Election Day, a photo of singer Elton John in a pink coat with the letters “MAGA” on it surfaced on social media, suggesting the global superstar had endorsed former President Donald Trump. But the photo wasn’t real. It’s the latest in a series of images and videos created using artificial intelligence that aim to dupe viewers into thinking their favorite celebrities have endorsed political candidates. Stars including

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What Trump promised the crypto industry ahead of the election

As Donald Trump celebrated his prospective victory on Election Night at Mar-a-Lago, he was joined by a roster of high-profile supporters. Among them were Elon Musk, Robert F. Kennedy, Jr. and Cantor Fitzgerald CEO Howard Lutnick. One thing those three people have in common: crypto. It’s an industry that Trump talked little about until recently but has counted on for large amounts of cash for his campaign and related PACs.

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2 Sudanese brothers charged with running cyberattack-for-hire gang

A federal grand jury unsealed an indictment against two Sudanese brothers Wednesday, charging them with running “Anonymous Sudan,” one of the most prolific cyberattack-for-hire gangs of all time and allegedly behind tens of thousands of attacks.  Federal prosecutors accused Ahmed Salah Yousif Omer, 22, and Alaa Salah Yusuuf Omer, 27, of carrying out 35,000 denial-of-service attacks against hundreds of organizations in just one year, taking down websites and other networks

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