News

Morgan Stanley Downgrades Tesla to Equal-Weight Despite Price Boost

Morgan Stanley downgraded Tesla (TSLA) stock to Equal-weight from Overweight.The firm's price target for Tesla increased slightly to $425 from $410.Analyst Andrew Percoco cited...

US May Allow Nvidia to Export Older H200 AI Chips to China

The United States is preparing to allow NVIDIA to export older H200 GPUs to China. This plan aims to balance strict AI chip export restrictions...

TRON Inc. and Strategy Stocks Plunge Over 50% Amid Struggles

Strategy continues to increase its Bitcoin holdings, now owning over 660,000 coins. Despite bitcoin accumulation, Strategy’s stock value and multiple-to-net asset value (mNAV) have declined...

CRA Finds 40% of Canadian Crypto Users Evade Taxes, New Laws Pending

40% of Canadian taxpayers using cryptoasset platforms are evading taxes or risking non-compliance.The tax authority has 35 auditors checking over 230 crypto-related cases, recovering...

PayPal’s PYUSD Stablecoin Soars 224% Amid DeFi Boom

Paypal’s stablecoin PYUSD circulation has increased by 224% in three months.Decentralized finance (DeFi) protocols and user incentives are major growth drivers for PYUSD.Ethena, a...

BitMine Buys 138K ETH; Tom Lee Expects Ethereum Price Surge

BitMine Immersion Technologies recently purchased 138,452 Ethereum (ETH), boosting its total holdings to 3,864,951 ETH. The company’s ETH acquisition rate has surged by 156% in...

IRS Crypto Cost Basis Reporting Rules Shift in 2026, Deadline Nears

The IRS will require centralized crypto exchanges to report cost basis for crypto sales starting in 2026.For transactions in 2025, exchanges must report sales...

UK Unveils New Anti-Corruption Strategy Targeting Dirty Money

The UK government released a new Anti-Corruption Strategy focused on stronger enforcement and closing financial crime loopholes.The plan targets illegal money flowing through real...

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AI Token Prices Plunge Over 50% as Competition Drives Record Lows

AI token prices have fallen more than 50% since summer, with the LLM Token Expenditure Index hitting a record...

Gary Black: Uber ‘should win easily’ with multiple AV fleets

Ark Invest forecasts Tesla's Cybercab could expand the ride-hailing market by 30 to 60 times through lower prices and...

Japan’s 10-year bond yield hits 3% for first time since 1996

Japan's 10-year government bond yield hit 3% on Tuesday, the highest since September 1996, driven by a 2,900% increase...

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