Marvell is sitting on an incredibly ‘sticky’ business that could help it unlock a $30 billion opportunity
Marvell is best known for making custom chips — but an analyst notes there’s arguably more potential in supporting components and optical networking.…
Why Dell and HPE were the S&P 500’s top-performing stocks today
Oracle’s earnings provided an upbeat read for hardware suppliers — but the Fed’s interestrate moves could dictate just how much they continue benefitting.…
The Houthis have opened a new front in the Middle East oil war that’s pushing up prices
A Red Sea crisis deepens as the Saudi EastWest pipeline is shut down and the Houthis grab effective control of the strategic Bab alMandeb Strait.…
Bitcoin Suisse to shift up to half of Swiss jobs abroad
The Swiss crypto financial services firm plans to move backoffice functions to lowercost international hubs as it expands its global wealth and asset…
Tesla could transform the trucking business — and capitalize on high diesel prices
The EV maker aims to finally kick its longawaited Semi truck into high gear — unlocking a potentially huge opportunity, according to Morgan Stanley.…
Anchorage Digital adds institutional access to Frgmnt’s fUSD stablecoin
The US federally chartered crypto bank will allow institutional clients to hold, mint, redeem and stake Frgmnt’s fUSD stablecoin through its custody platform.…
Bitcoin spikes toward $80K as US CPI data delivers new 22-year high in bond yields
Bitcoin briefly rebounded past $79,000 and US stocks turned green as US CPI inflation data met expectations. Source:Cointelegraph
Joint Readout of Principals’ Meeting of U.S. and UK Authorities Regarding Central Counterparty Resolution
Senior officials from the Securities and Exchange Commission, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, Federal Reserve…
Metaplanet cuts executive reward pool by 41%, extinguishes $220 million in value
The bitcoin treasury firm cut the potential Series 10 share pool to 188.2 million. Source:CoinDesk
Zodia Custody CEO Julian Sawyer steps down, becomes adviser
Sawyer will become a strategic adviser rather than take the helm of Zodia Solutions, as previously announced. Source:CoinDesk
Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike
The August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago suggested the central bank may have to act if inflation…
Robinhood’s crypto volume increases 61% in August, still down 38% YoY
Bitstamp accounted for $10.1 billion of Robinhood’s August crypto volume, while trading on the Robinhood app fell 46% from a year earlier. Source:Cointelegraph