The world of cryptocurrencies continues to be a hotbed of speculation and debate, and one of the most vocal critics of Bitcoin’s value proposition is Cliff Asness, the co-founder of AQR Capital Management. Following a meteoric rise in Bitcoin’s price—triggered in part by the turbulent political landscape after the November presidential election—Asness has labeled Bitcoin
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The recent wildfires that ravaged Los Angeles have sparked heated political discourse surrounding disaster relief and accountability. In the wake of the devastation, which resulted in the tragic loss of 24 lives, leading Republicans in Congress are contemplating imposing conditions on financial assistance meant to aid affected communities. The inflammatory rhetoric from President-elect Donald Trump,
Following a challenging period for biotech firms, Moderna Inc. has made significant adjustments to its future sales projections, reflecting both market realities and strategic pivots. The company, well-known for its mRNA-based vaccines including those for COVID-19 and respiratory syncytial virus (RSV), has revised its 2025 revenue expectations downward by nearly $1 billion. This article delves
Urban Outfitters, Inc. has recently unveiled a remarkable performance in its holiday sales that has captivated both investors and retail analysts. The Philadelphia-based retail giant recorded a notable 10% increase in total net sales for the two months concluding on December 31, 2024, when compared to the same period a year earlier. This growth is
The recent fluctuations in Asian markets, coupled with the strength of the U.S. dollar near a 14-month high, have sparked discussions among investors and analysts alike. Monday’s trading session witnessed a notable dip in Asian shares as they navigated the consequences of a robust U.S. jobs report, which significantly impacted bond yields and tested the
The United Kingdom is striving to become a pivotal player in the field of artificial intelligence (AI), reflecting the government’s ambition to foster homegrown innovations that can rival established competitors like OpenAI. Recent announcements from Prime Minister Keir Starmer’s administration underscore this national goal, aiming to establish a robust computing infrastructure and harness the opportunities
The Israeli stock market closed on a high note this past Sunday, buoyed by significant gains in essential sectors, particularly Oil & Gas, Banking, and Financials. The TA 35 index, which is a leading benchmark index for the Tel Aviv Stock Exchange, experienced a modest increase of 0.35%, culminating in a record-breaking value. This upward
The global box office this weekend has shaped up to be a remarkable yet somber event as the film industry grapples with natural calamities that have swept through Hollywood and beyond. As announcements of milestones and box office successes flood in, there’s a palpable air of reflection as the community rallies against the devastating impacts
As China enters 2025, its economic policy is marked by a notable consumer stimulus initiative aimed at rejuvenating the domestic economy. Unlike previous strategies that directly distributed cash to citizens, this approach focuses on stimulating consumer spending through targeted subsidies on home appliances. The strategic shift reflects not only the Chinese government’s willingness to enhance
The technological landscape is undergoing a remarkable transformation as a new breed of artificial intelligence, known as Agentic AI, rises to the forefront. This cutting-edge intelligence marks a significant departure from the generative models that have become ubiquitous in recent years. Instead of merely responding to input, Agentic AI embodies a self-directed framework capable of