Shiba Inu Burns 53M Coins In A Day—What's Driving SHIB?; Elon Musk's xAI Raises $6B Again, Challenging Openai, Google, And Anthropic; Ford EV Sales Surge In November - Top Headlines Today While US Slept

Author: Akanksha Bakshi | December 06, 2024 11:05am

Crypto

• Semler Scientific Expands Bitcoin Holdings To Over $180 Million With Latest Purchase
• ‘Dogecoin Killer’ Shiba Inu Burns 53 Million Coins In A Day: What Is Going On With SHIB?
• Shiba Inu’s Shytoshi Kusama Denies Links With ‘Hawk Tuah’ Girl’s Pump-And-Dump Memecoin, Advises Community To Stay Away
• Tom Lee Says Bitcoin’s $100K Milestone Could Be A ‘Precursor’ For Bullish Stock Moves, Asks Investors To Stay Focused On A ‘Christmas Santa Claus Rally’
• Peter Schiff Questions Jim Cramer’s Bullish Bitcoin Take As It Slumps From $100K: These Are Statements ‘Made At Market Tops’
• Bitcoin Flash Crashes, Ethereum, Dogecoin Gain As Overheated Crypto Market Takes A Breather: Top Analyst Asks Traders To Hold Positions And Buy Dips

US Markets­­­­­­­­

• US Stocks Likely To Open In Red As Investors Remain Cautious Ahead Of Key Payrolls Data: Bitcoin’s Rally Above $100K Is ‘Precursor’ To S&P 500’s Performance For Rest Of The Year, Fundstrat’s Tom Lee Says
• Dow Takes A Breather After Record Close, Dips Over 200 Points Ahead Of Jobs Report: Fear Index Remains In ‘Greed’ Zone
• Hewlett Packard Enterprise, Lululemon And 3 Stocks To Watch Heading Into Friday

US Politics

• Marc Andreessen Emerges As Trump And Musk’s Talent Scout For DOGE Cost Cutting Mission: Report
• Alex Karp Supports DOGE, As Trump Taps Palantir’s Shyam Shankar For Border Security Role: ‘Cannot Have A Better Person Than Musk’
• Trump Appoints Venture Capitalist David Sacks As White House Crypto And AI Czar: ‘He Will Work On A Legal Framework’

World Politics

• Trump’s Trade Policies Pose Greater Risk To South Korea’s Economy Than Domestic Martial Law Crisis, Says Central Bank Chief: ‘A Lot More Uncertainty’

US Economy

• Economist Steve Hanke Calls Inflation Fears ‘Nonsense’ As Fed Policies Take the Wheel in 2025

World Economy

• China And Europe Markets Advance, Gold And Dollar Tick Higher – Global Markets Today While US Slept

Tech

• AI Startup iGenius Taps Nvidia For AI Data Center In Italy Leveraging Blackwell Chips
• As Jeff Bezos And Elon Musk Clash Over Economic Solutions, Amazon And Tesla’s Shareholder Returns Highlight Stark Contrasts — Here’s How Both Companies Stack Up
• Why DocuSign Shares Are Trading Higher By Around 14%; Here Are 20 Stocks Moving Premarket
• Google CEO Sundar Pichai Fires Back At Microsoft Over AI, Dismisses Satya Nadella’s Criticism: ‘I Would Love To Do A Side-By-Side Comparison…Any Day, Any Time’
• Elon Musk’s xAI Raises $6B For The 2nd Time This Year As It Looks To Take The Challenge To OpenAI, Google And Jeff Bezos-Backed Anthropic
• Google’s New AI Models Can Gauge How You Feel, But Experts Warn Of Bias, Abuse, And Dystopian Risks: ‘We Cannot Infer Emotions From Facial Features Alone’
• Amazon Halts Inferentia AI Chip Development To Take On Nvidia: How Trainium Is Shaping Up To Be The New Weapon In AI Chip Wars
• Intel Shakes Up Board With ASML And Microchip Technology Veterans Amid CEO Transition
• OpenAI Unveils $200 ChatGPT Pro Subscription: Inside The ‘o1’ Reasoning Model And What It Means For Power Users
• Tim Cook Explains Why Apple Defied Steve Jobs’ Design Philosophy With the iPhone 16’s Camera Button, Touches On Retirement Plans: ‘I’ll Do It Until…’
• AI-Driven Defense: Palantir’s New Partnership with Shield AI Aims for Scalable, Precision Solutions

Electric Vehicle

• More Than Tesla, Rivian Customers Are Most Likely To Return To The Brand, Survey Shows
• Stellantis Partners With Zeta Energy To Develop Lithium Sulfur Batteries For Future EVs
• Waymo Eyes Expansion Of Autonomous Rides To Users In Miami By 2026
• TSLA Stock Sees Multiple Price Target Hikes Days After Long-Time Bear Turned Bullish
• Ford EV Sales Surge In November On Strong Mustang Mach-E Sales Despite Drop In Lightning EV Pickup Popularity
• Lucid Kicks Off Gravity SUV Production To Take On Tesla’s Model X

Industrial

• ‘Problem Is Much Larger:’ After Boeing’s Plea Deal Is Rejected By Federal Court Over Monitor Provision, Experts Blame ‘Fundamentally Broken’ System ‘In Dire Need Of Reform’
• Federal Judge Rejects Boeing’s Plea Deal In 737 Max Fraud Case, Cites Concerns Over Diversity Policies And Monitor Selection

Financial

• Veteran Trader Warns Against ‘Aggressive Long’ Positions On Bitcoin, Equities Amid Market Volatility
• Latin America’s $160 Billion E-Commerce Market Gets a Security Boost with Equifax and Mastercard Alliance

Space

• SpaceX’s Satellite Expansion Challenged: Ukrainian-Americans Allege Elon Musk’s Russian Ties And Environmental Risks In FCC Petition

Energy

• Mali Escalates Mining Tensions, Targets Barrick CEO With Arrest Warrant
• Wall Street’s Most Accurate Analysts Spotlight On 3 Materials Stocks Delivering High-Dividend Yields

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