Bitcoin is trading around $63,038, about 19% below its May peak near $77,500, prompting some skepticism about its future value. Citi, Standard Chartered, and TD Cowen have all lowered their 2026 Bitcoin price targets, reflecting softer demand and regulatory uncertainties. Meanwhile, gold prices have surged past $4,400 an ounce, supported by a 62% increase in central bank purchases, highlighting gold's continued strength as a defensive asset. This contrast underscores ongoing debates about Bitcoin's role as a hedge versus traditional safe havens like gold.
SK Hynix has approved a $38 billion investment to build new memory fabrication plants. However, these new fabs are not expected to produce any chips before December 2028, indicating a long-term expansion plan. This move highlights SK Hynix's commitme...
Over the past decade, an investment of $10,000 in AMD grew to more than $700,000, significantly outperforming the S&P 500, which turned the same amount into about $42,000. This highlights AMD's exceptional growth and strong market performance compare...
The beverage sector is currently undervalued compared to its 11-year average, presenting potential investment opportunities. In contrast, the tobacco industry is significantly overvalued and scores lowest in quality metrics, suggesting higher risk. T...
SafePal disclosed an authorization flaw in its order-tracking plugin that exposed personal order information of about 39,798 customers, including names, emails, shipping addresses, and phone numbers. Sensitive wallet data like seed phrases, private k...
Berkshire Hathaway, led by CEO Greg Abel, adopted a more active investment approach in Q2, adding significantly to Alphabet and Delta, announcing a $6.8 billion acquisition of Taylor Morrison, and executing $4.4 billion in share buybacks. Operational...
