President Trump, late Thursday, signed an executive order to establish a Strategic Bitcoin Reserve. Crypto Czar David Sachs celebrated the move via a post on X.  “The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not

Drugstore chain Walgreens Boots Alliance announced on Thursday that it will go private. The struggling company entered into an agreement with private equity firm Sycamore Partners valued at $10 billion. Sycamore will pay $11.45 per share, a premium of 8% to the stock’s closing price of $10.60 on Thursday. Shares of the company rose nearly

U.S. stocks fell sharply on Monday hours before President Trump’s 25% tariffs against Canada and Mexico are set to go live at midnight. The Dow Jones Industrial fell nearly 700 points or 1.48%, while the Nasdaq Composite lost 2.6% and the S&P 500 1.7%. Most active stocks included Nvidia, which lost 8% and Intel, a

Semiconductor giant Taiwan Semiconductor Manufacturing Co. (TSMC) announced a $100 billion investment in the U.S. on Monday. TSMC, a Taiwan-based chipmaker that builds advanced semiconductors which are used to power smartphones and artificial intelligence (AI) models, announced the investment following meetings with President Donald Trump. The investment is expected to focus on advanced semiconductor manufacturing facilities over

Semiconductor giant Taiwan Semiconductor Manufacturing Co. (TSMC) is expected to announce a $100 billion investment on Monday, a White House official told Fox News. TSMC, a Taiwan-based chipmaker that builds advanced semiconductors which are used to power smartphones and artificial intelligence (AI) models, is expected to announce the investment following meetings with President Donald Trump. The

Gold prices likely won’t lose their shine, even after a 40%-plus run over the last 12 months.   The SPDR Gold shares, or GLD, the largest exchange-traded fund backed by physical gold, saw the largest one-day inflow ever of $1.9 billion on Feb. 21, 2024.  “We believe the demand is across the board. We see

[ADD VIDEO]  Gold prices likely won’t lose their shine, even after a 40%+ run over the last 12 months.   The SPDR Gold shares, or GLD, the largest exchange-traded fund backed by physical gold, saw the largest one-day inflow ever of $1.9 billion on February 21, 2024.  “We believe the demand is across the board.