Uncategorized
Cathie Wood Says Inflation Worries Dampen Expectations, Schiff Singles Out Wall Street For Swallowing Narrative Even As Prices Soar
Consumer sentiment faces renewed pressure as inflation expectations hit 3.3% for both short and long-term outlooks, despite December’s core inflation showing signs of moderation at 3.2% year-over-year, below the expected 3.3%. read more
Trump’s Transportation Pick Says He Will Continue Tesla FSD Probe, Sees Need For ‘Tough Love’ With Boeing
Former Rep. Sean Duffy (R-Wis.), and President-elect Donald Trump’s pick to lead the Department of Transportation, pledged Wednesday to maintain rigorous oversight of Boeing Co. and continue safety investigations into Tesla Inc. during his Senate confirmation hearing. read more
Starship’s 7th Test Flight With Simulated Starlink Payload Delayed Until Thursday Due To Unfavorable Weather, Says SpaceX
SpaceX’s seventh test flight of its Starship launch vehicle is now slated for Thursday, after getting pushed back from Wednesday owing to unfavorable weather conditions. read more
Dogecoin, Shiba Inu Advance But Fartcoin, Pudgy Penguins Lead Memecoin Rally With Double-Digit Gains
Memecoins roared back into momentum on Wednesday amid a broader rally supported by encouraging inflation data and Donald Trump’s pro-cryptocurrency moves. What happened: The unconventional Fartcoin surged over 27% in the last 24 hours to emerge as the biggest meme coin gainer. read more
XRP Soars To 7-Year High, Becomes Third-Most Valued Crypto Even As SEC Challenges 2023 Verdict In Ripple Labs Case
Payments-focused cryptocurrency XRP (CRYPTO: XRP) surged past $3 for the first time in 7 years on Wednesday in anticipation of a cryptocurrency-friendly SEC under the incoming Donald Trump administration. read more
Elon Musk Buying TikTok Could Hurt Tesla Stock, Warns Gary Black — But Wedbush’s Dan Ives Thinks It Makes Sense
Gary Black warns that Elon Musk’s potential TikTok acquisition could harm Tesla’s stock due to funding requirements, while analyst Dan Ives suggests the deal could align with Musk’s relationships with Trump and Beijing. read more
Trump Treasury Nominee Pledges To Maintain Dollar’s Global Reserve Status, Outlines Vision For ‘New Economic Golden Age’
Scott Bessent, Trump’s Treasury Secretary nominee, pledged to uphold the dollar’s reserve currency status, emphasizing productive investment, supply chain security, and strategic sanctions to bolster U.S. economic dominance. read more
As Tesla Soars 8%, Gary Black Cites Trump Impact, Elon Musk Pay Package, And $30K Car As Key Catalysts For EV Maker In 2025
Tesla Inc. shares climbed more than 8% Wednesday amid optimistic forecasts from prominent investor Gary Black, who cited multiple growth catalysts for the electric vehicle maker in 2025. read more
Man Who Accidentally Threw Away Bitcoin Worth $800 Million Looks To Trump For Help: ‘I Am Appealing To Him’
James Howells, who lost the legal bid to retrieve his $800 million Bitcoin (CRYPTO: BTC) fortune, has now turned to Donald Trump for help, expressing hopes for intervention from the U.S. President-elect, according to a Wednesday report. read more
Quantum Computing, Taiwan Semiconductor, Meta, Intuitive Surgical, And Tesla: Why These 5 Stocks Are On Investors’ Radars Today
The U.S. stock market experienced a robust session with the Nasdaq Composite climbing 2.45% to 19,511.23. read more