Here is what you need to know on Thursday, December 11:
Key PointsAstera Labs' quarterly revenue doubled over the last year.The company was the first to ship a crucial component that helps AI chips perform optimally in data centers.Its
TradingKey – The Federal Reserve cut interest rates by 25 basis points on December 10, US Eastern Time, as widely anticipated, with the resolution passing by a 9-3 vote. This marked the first time in
Pi Network (PI) edges lower by 3% at press time on Thursday, marking its fifth consecutive day of losses. A transfer of 2 million PI tokens from the liquidity reserve, part of the Pi core team wallets, bolsters the bearish sentiment.
Key PointsTSMC’s financials are improving rapidly, driven by AI demand.Increasing adoption of advanced nodes and advanced packaging has caused even customers’ customers to approach
The Swiss National Bank (SNB) is scheduled to announce its last monetary policy of 2025 today at 08:30 GMT.
TradingKey - The European Union announced a substantial fine of €120 million (approximately $140 million) against Elon Musk's social media platform X last Friday (December 5). This marked the first si
A Sygnum survey found that 87% of Asia’s high-net-worth individuals plan to increase their crypto portfolios, with nearly half allocating more than 10% of their assets to crypto.
Pi Network will incorporate artificial intelligence (AI) into its Standard Know Your Customer process. The same technology has already been tested in its Fast Track KYC system, launched in September. According to a blog post from the development team, Pi will use AI in KYC to accelerate identity verification and clear migration bottlenecks for millions […]
AUD/JPY slumps to around 103.50 during the early European session on Thursday. The Australian Dollar (AUD) softens against the Japanese Yen (JPY) following the release of mixed Australian employment data.
On-chain data shows the Bitcoin Realized Cap Growth indicator has continued to decline recently, a sign new capital inflows lack momentum. Bitcoin Realized Cap Growth Has Been Heading Down Recently
Key PointsE-commerce sales growth and higher margins from online ads can propel Walmart stock to new highs.Walmart's 10,000+ locations let the company offer same-day deliveries, wh
Solana (SOL) price is trading below $130 at the time of writing on Thursday, after being rejected at the upper boundary of its falling wedge pattern. The broader market weakness following the Federal Reserve’s hawkish rate cut has added to downside momentum.
Dogecoin started a fresh decline below the $0.1450 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1420. DOGE price started a fresh decline below the
The Indian Rupee (INR) faces intense selling pressure against the US Dollar (USD) at open on Thursday. The USD/INR pair jumps to near 90.40 as the Indian Rupee slumps amid uncertainty surrounding trade talks between the United States (US) and India.
Key PointsGrowth stocks may not be predictable, but they have the potential to generate incredible returns for investors.Nvidia, Netflix, and Booking Holdings have been some of the
The GBP/USD pair trades in negative territory near 1.3365 during the early European trading hours on Thursday, pressured by the rebound in the US Dollar (USD).
Key PointsOracle’s cloud business is booming as enterprise demand for AI computing services expands.The company expects its revenues to nearly double to $100 billion by its fiscal
In this post: Bybit announced its strategic roadmap at the Bybit Institutional Gala event in Dubai, showcasing several advancements in regulation, institutional credit infrastructure, and execution technology. Ben Zhou, Bybit Co-founder and CEO, delivered a keynote speech at the event, confirming that Bybit has received full authorization under the UAE’s VAPO framework. According to Zhou, the […]
Strategy, formerly known as MicroStrategy, has expressed strong opposition to a proposal by the Morgan Stanley Capital International (MSCI) to exclude digital asset treasury companies (DATs) from its
Gold (XAU/USD) retreats following a modest Asian session uptick to the $4,247 area, or a fresh weekly high, and for now, seems to have snapped a two-day winning streak.
XRP price started a fresh decline below $2.10. The price is now struggling and faces resistance near the $2.050 pivot level. XRP price started a fresh decline below the $2.040 zone. The price is now
Cardano (ADA) extends losses by 5% at press time on Thursday, following the 3% decline on the previous day and breaking the local resistance trendline. Derivatives data indicate a bearish shift in the narrative, as Open Interest and the number of active long positions decline.
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
Jeff Bezos’ aerospace company is now a direct competitor of Elon Musk’s SpaceX after announcing that it’s creating the technology necessary to launch data centers in space. Blue Origin has been working on the technology to launch data centers in space for more than a year, meanwhile SpaceX wants to upgrade its satellites to handle […]
The EUR/USD pair posts modest losses near 1.1690 during the early European trading hours on Thursday. However, the US Federal Reserve's (Fed) dovish rate cut on Wednesday could weigh on the US Dollar (USD) against the Euro (EUR).
Key PointsXRP has overcome its biggest regulatory challenges.Its first spot price ETFs were recently approved.But it doesn’t have enough near-term catalysts to justify a higher pri
Tether has launched QVAC Health, centralizing wellness data securely and giving users full control.