Jim Cramer says chip stocks are going up because companies can’t build new chips fast enough. Not because they don’t want to. They literally don’t have the tools. “We don’t have enough equipment to expand production of these chips, and we can’t put it together fast enough,” Jim said on his CNBC segment Friday night.
Internal notes from early discussions between Elon Musk and the founders of OpenAI show that Musk briefly supported the idea of an initial coin offering (ICO) as a way to fund the organization, before abandoning the plan and ultimately leaving the project. According to call transcripts published as part of OpenAI’s response to Musk’s lawsuit,
Tokenization is now the fastest-growing sector in the crypto ecosystem, according to Token Terminal. The frontier has experienced remarkable growth in the last few years due to the influx of financial institutions such as BlackRock and J.P. Morgan. Tokenized assets now emerge as a rapidly evolving sector in the crypto ecosystem. The sector has attracted
Strive’s acquisition of Semler vaults the firm into the top tier of corporate bitcoin holders, amassing nearly 12,800 bitcoin as it accelerates an aggressive treasury strategy alongside a growing healthcare business. Strive–Semler Deal Creates 12,798 Bitcoin Balance Sheet, Signals Aggressive Treasury Expansion A major corporate transaction has reshaped a bitcoin-focused balance sheet. Strive Inc. (Nasdaq:
President Donald Trump publicly signaled hesitation about moving Kevin Hassett to the Federal Reserve, casting doubt on Hassett’s chances to succeed Jerome Powell as Fed Chair. Speaking at a conference, Trump said he wants to keep Hassett in his current role, citing concerns about losing a trusted adviser if Hassett were sent to the Fed.
Capital One Financial Corporation has received preliminary court approval for a $425 million settlement to resolve a class-action lawsuit involving interest rate payments on savings accounts, according to the settlement administrator’s portal. Summary Capital One received preliminary court approval to settle a class-action lawsuit over alleged underpayment of interest on 360 Savings accounts from 2019–2025.
Grant Cardone is pushing a new way to invest that combines real estate and crypto coins. This is happening while US President Donald Trump is pushing plans that might change the housing market by making it more affordable and increasing the supply. He claims that it is the perfect time to blend cash flow with
State Street, a bank with a market cap of about $36 billion, is positioning itself as a bridge between traditional and digital finance — and it’s not waiting for the future to arrive. On Thursday, the bank officially launched its Digital Asset Platform, a secure infrastructure designed to support tokenized money market funds (MMFs), exchange-traded
In much of the West, access to credit is taken for granted. Banks rely on long credit histories, stable wages, and government datasets to determine who qualifies for loans. But for billions of people globally, those systems do not exist or do not work. Builders working on Solana say crypto based lending models are forcing