SEC approves spot bitcoin ETFs in game-changer for crypto industry

SEC approves spot bitcoin ETFs in game-changer for crypto industry

The US securities regulator on Wednesday approved the first US-listed exchange traded funds to track bitcoin, its Chair Gary Gensler said, in a watershed for the world’s largest cryptocurrency and the broader crypto industry. The agency approved applications, including from BlackRock, Ark Investments, 21Shares, Fidelity, Invesco, and VanEck, among others, according to a notice on its…

Microsoft debated whether to shutter AI lab in Beijing due to political pressure: report

Microsoft debated whether to shutter AI lab in Beijing due to political pressure: report

Top Microsoft executives have reportedly debated whether to shutter a controversial artificial intelligence lab in Beijing – as the company’s cozy ties with China raise alarm bells on Capitol Hill. As The Post reported last month, prominent US lawmakers warned Microsoft that its ongoing work in China poses a potential national security risk after company…

LeBron James signs trading card deal with Fanatics Collectibles, leaving Upper Deck

LeBron James signs trading card deal with Fanatics Collectibles, leaving Upper Deck

LeBron James signs with Fanatics Collectibles in a trading card deal, leaving Upper Deck after 20 years. Courtesy: Fanatics LeBron James is moving his trading card sponsorship to Fanatics Collectibles after more than 20 years with rival Upper Deck. Fanatics will kick off the deal by selling a unique Bowman brand card featuring a dual…

American Century’s Rich Weiss still bearish on the market, says it’s difficult to see strong upside

American Century’s Rich Weiss still bearish on the market, says it’s difficult to see strong upside

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell Rich Weiss, American Century Investments CIO, joins ‘Closing Bell’ to offer his bearish take on the market. 05:23 Wed, Jan 10 20244:54 PM EST

The S&P 500 will continue to meet resistance around the 4,800 level, says JPMorgan’s Jason Hunter

The S&P 500 will continue to meet resistance around the 4,800 level, says JPMorgan’s Jason Hunter

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell Jason Hunter, JPMorgan head of technical strategy, joins ‘Closing Bell’ to discuss key levels to watch in the current market momentum. 02:30 6 minutes ago

Watch CNBC’s full interview with Ritholtz’s Josh Brown and SoFi’s Liz Young

Watch CNBC’s full interview with Ritholtz’s Josh Brown and SoFi’s Liz Young

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Josh Brown, Ritholtz Wealth Management CEO and  Liz Young, SoFi, join ‘Closing Bell’ to discuss the Nasdaq’s momentum, big bank earnings expectations and their market outlook.

Beware Taylor Swift, the AI edition: The singer is not giving away free Le Creuset cookware

Beware Taylor Swift, the AI edition: The singer is not giving away free Le Creuset cookware

AI-generated fake advertisements are making the rounds on social media again, this time using the voice and likeness of Taylor Swift promising free Le Creuset cookware sets. As any proper Swiftie knows, the “Hoax” singer is fan of Le Creuset. In the pop star’s 2020 documentary “Miss Americana,” she whipped up some pasta sauce in…

iRobot shares plunge 19% on report Amazon won’t offer concessions to resolve EU probe

iRobot shares plunge 19% on report Amazon won’t offer concessions to resolve EU probe

iRobot’s Roomba. Source: iRobot Shares of iRobot closed down 19% on Wednesday, after a report said Amazon will not offer concessions to Europe’s antitrust watchdog in a bid to clear its planned $1.7 billion acquisition of the Roomba maker. Politico reported the companies have until the end of the day Wednesday to offer to make…

Pat McAfee Says Aaron Rodgers Won’t Appear on ESPN Show for Rest of NFL Season

Pat McAfee Says Aaron Rodgers Won’t Appear on ESPN Show for Rest of NFL Season

Aaron Rodgers won’t appear on ESPN’s “The Pat McAfee Show” for the rest of the National Football League season, a move that comes after the star quarterback engulfed the show and the network in a weeklong controversy. “Aaron Rodgers Tuesday season four is done,” McAfee said during Wednesday’s show. “There are going to be a…