Bitcoin Bull Claims Bitcoin Logged More Trading Hours Than Equities Since Nixon Era; Trump Reiterates Plan To Make US the World Capital of Crypto, Embrace Future Industries; Intel Eyes Mobileye Stake Sale Amid Investor Pressure - Top Headlines Today While US Slept

Author: Akanksha Bakshi | September 06, 2024 09:59am

Crypto

• Ethereum Co-Founder Vitalik Buterin To Donate All Crypto Proceeds, Ends New Token Investments
• Bitcoin Bull Says King Crypto Logged More Trading Hours Than Equities Since Nixon Shock: ‘Older Than The Stock Market’
• Bitcoin Takes Over An Hour To Mine A Block: Anomaly Or Expected Deviation?
• Bitcoin, Ethereum Drop, Dogecoin Flat As Weak Private Employment Report Spooks Investors: Top Trader Says ‘Massive Thrust’ Required To Get King Crypto’s Bull Run Back On Track

US Politics

• Kevin O’Leary Warns Kamala Harris’ Tax Plan Could Crush U.S. Businesses – Here’s Why He Thinks It’s a Threat to the American Economy
• JD Vance Faces Tough Questions Over The Sky-High Costs Of Trump’s Controversial New IVF Plan
• Trump’s Crypto Project, Ripple, State Of Wyoming Join The Queue Amid Stablecoin Surge: What’s Behind The Frenzy?
• Trump’s Plan To Ban Mortgages For Undocumented Immigrants Sparks Debate: What Do The Numbers Say?
• Trump Reiterates Plans To Make US World Capital Of Crypto: ‘Instead Of Attacking Industries Of The Future, We’ll Embrace Them’
• Mark Cuban Says Kamala Harris Is Simply Doing What Trump Did In 2016: ‘It’s Her Party. She Gets To Set The Rules’

US Markets­­­­­­­­

• Smith & Wesson Brands Reports Downbeat Results, Joins Planet Labs PBC, Broadcom And Other Big Stocks Moving Lower In Friday’s Pre-Market Session
• US Stocks Set For Steep Fall Amid Heightened Anxiety Ahead Jobs Data, VIX Surges: Strategist Flags 2 Reasons Why He Expects More Volatility Ahead
• Dow Dips Over 200 Points, S&P Falls For 3rd Session In A Row: Fear & Greed Index Remains In ‘Neutral’ Zone

World Politics

• US, UK, And EU Sign Legally Binding Treaty On AI To Protect ‘Human Rights, Democracy And The Rule Of Law’
• Japan PM Candidate Warns Biden’s Opposition To Nippon’s US Steel Acquisition Could ‘Undermine The Trust Of Its Allies’

US Economy

• OPEC+ To Delay Output Increase For 2 Months Till Prices Stabilize: Report

World Economy

• Asia And Europe Markets In Red; Crude Stays Below $70, While Dollar Weakens – Global Markets Today While US Slept

Tech

• China’s Markets Still Manage To Get Nvidia AI Chips Via Smuggling: Report
• ASML’s Advanced Chip Tool Faces Dutch Export Restrictions Amid US Controls
• China Offers Nvidia’s AI Chips At Discounted Rents, As Low As $6 Per Hour, Despite US Export Restrictions: Report
• Google’s Ad Tech Practices Under Fire By UK Competition Regulator
• Why Is Entertainment Company BloomZ Stock Jumping Premarket Friday?
• Intel Eyes Mobileye Stake Sale Amid Pressure, Stock Slides
• Nvidia, Super Micro, Arm Tumble 2% In Premarket, Most Chip Peers Deep In Red: What’s Dragging Down Semiconductor Stocks?
• Salesforce Expands Data Security Portfolio with $1.9B Own Company Acquisition
• Salesforce CEO Marc Benioff Pivots Strategy To Autonomous AI Agents After Venture Capital Firm Says ‘No Incumbent Is Safe:’ ‘It Is About Driving Through The Innovator’s Dilemma’
• Intel CEO Pat Gelsinger Under Growing Pressure As Chipmaker Evaluates Major AI Strategy Overhaul To Catch Up With Nvidia And AMD: Report
• Apple Supplier Qualcomm Eyes Intel Units To Bolster Product Line: Report
• Alibaba Boosts US Expansion With New AI Sourcing Tool Despite Festering Tensions Between Beijing And Washington: ‘Tariffs Added Cost For Both Sides’

Electric Vehicle

• NIO To Rally Around 65%? Here Are 10 Top Analyst Forecasts For Friday
• Tesla Won Some Brownie Points By Not Doing Anything Wrong Like GM, Volkswagen, Says Industry Watcher, Calls FSD Elon Musk’s ‘Passion Project’
• Tesla Bull Blames EV Giant For Elon Musk Missing Out On Time Magazine’s ‘Most Influential People’ In AI, Says It Needs To ‘Work Harder’ On Managing Press
• Ford’s August EV Sales Surge 29% Driven By Cybertruck Rival F-150 Lightning, Despite Its Slowing Future EV Plans
• Toyota Scales Back 2026 EV Production Plans By 30%, Trims Target To 1M Cars As Global Demand Weakens: Report
• Elon Musk-Led Tesla Benefits From EV Subsidies, Was Hurt By Trump, Former Exec Says: ‘To Argue Trump Was Anything But A Disaster … Is Historical Fiction’

Consumer

• Volkswagen’s Battery Plant In Germany To Operate At Reduced Capacity Amid Financial Strains
• McDonald’s Rolls Out Smaller McFlurry In Sustainable Packaging As It Eyes Full Shift To Renewable Coverings By 2025-End

Communication

• FCC Chief Defends Elon Musk’s X And Starlink Amid Brazil’s ‘Punitive’ Actions, Warns Business Leaders Are Questioning About It Becoming An ‘Uninvestable Market’
• Linda Yaccarino’s Trusted Lieutenant Nick Pickles Departs From X Amid Regulatory Challenges, Advertising Crunch: ‘Made The Decision To Leave Several Months Ago’
• Telegram Updates Policy On Private Chat Moderation After CEO Pavel Durov’s Arrest: Here’s What You Need To Know
• India Overtakes US As Second-Largest Global 5G Smartphone Market
• YouTube Shuts Down Tenet Media Channel Following US Indictment, Right-Wing Influencers Say Victims Of Russian Plot

Industrial

• Cleveland-Cliffs Chief Slams US Steel for ‘Pathetic Blackmail Attempt’ On US, Pennsylvania
• Boeing’s Starliner Prepares For ISS Departure, Crewless Landing In New Mexico Following ‘Tense Technical Discussion’ With NASA
• Delta, Southwest And Other Airlines In Hot Waters With US Transportation Department For Unfair Rewards Programs
• US Steel CEO David Burritt Blasted By United Steelworkers President After $15B Deal With Nippon Steel Comes Under Biden Administration Scrutiny: ‘Get A Decent CEO’

Healthcare

• Wall Street’s Most Accurate Analysts Weigh In On 3 Health Care Stocks With Over 3% Dividend Yields
• GSK’s Asthma Drug Meets Main Goal In Phase 3 Study In Patients With Smoker’s Lungs, Prepares Competition With Amgen/AstraZeneca’s Drug

General

• Elon Musk And Trump’s Federal Efficiency Plans Slammed By Paul Krugman, Economist Warns About Risks To Medicare, Social Security: ‘Government Is An Insurance Company With An Army’

Space

• Elon Musk’s SpaceX Rockets Past New Milestone, Launches 7,000th Starlink Satellite

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