Tag Archives: CNBC

Standard Chartered analyst apologizes for $120,000 bitcoin price call, says target ‘may be too low’

“I apologise that my USD120k Q2 target may be too low,” Geoffrey Kendrick, head of digital assets at Standard Chartered, said in a tongue-in-cheek comment.

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Steph Curry, Tom Brady and other celebrities excluded from most FTX investor claims, judge rules

A Florida judge ruled that the investors failed to prove the celebrities knew about FTX and CEO Sam Bankman-Fried’s misconduct when endorsing the platform.

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Nintendo forecasts sales of 15 million Switch 2 consoles as it gears up for launch

Nintendo said it expects to sell 15 million units of its new Switch 2 console in the fiscal year ending March 2026.

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Apple says Epic Games contempt ruling could cost ‘substantial sums’

Apple wants a court to pause a decision in its case against Epic Games, and allow it to charge commission on in-app transactions that link out for payment.

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Trump crypto advisor David Bailey launching $300 million bitcoin investment company

David Bailey, CEO of BTC Inc. and a Trump crypto advisor, has raised $300 million to launch a publicly traded bitcoin investment company.

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Arm shares drop on weak forecast

Arm beat on earnings and revenue but issued a disappointing forecast in its quarterly report on Wednesday.

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AppLovin shares pop on earnings beat as it announces sale of mobile gaming business

AppLovin shares soared in extended trading after the company beat first-quarter expectations and announced the sale of its mobile gaming business.

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Nvidia shares climb on report Trump will end chip export restrictions

AMD CEO Lisa Su and Nvidia CEO Jensen Huang have both opposed the semiconductor export controls.

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Democrats push back against Trump’s growing crypto empire

Sen. Richard Blumenthal of Connecticut announced a preliminary inquiry into Trump’s meme coin and stablecoin ventures, citing national security risks.

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AMD CEO Lisa Su calls China a ‘large opportunity’ and warns against strict U.S. chip controls

“There should be a balance between export controls for national security as well as ensuring that we get the widest possible adoption,” she said.

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