Apple forecast revenue for the current quarter ending in September well above Wall Street’s estimates on Thursday, sending shares up despite a warning from CEO Tim Cook that US tariffs would add $1.1 billion in costs over the period. As the centerpiece of US President Donald Trump’s trade war, those tariffs cost Apple $800 million … Read more
Wall Street bank Citi (C) refined its crypto valuation models to reflect the evolving dynamics of the digital asset market, producing a new year-end forecast that puts bitcoin (BTC) at $135,000 in its base case. In the bank's most optimistic scenario, the largest cryptocurrency could climb to $199,000 by the end of the year, while … Read more
Advanced Micro Devices on Tuesday forecast a strong finish to the year, driven by the planned launch of artificial intelligence chips that could compete with Nvidia semiconductors. AMD shares rose about 3 percent in after-hours trading. CEO Lisa Su said AMD is set to ramp up production of its flagship MI300 artificial intelligence chips in … Read more
Sony Group has nudged up its annual profit forecast, helped by a strong showing for its videogame division, and raised its PlayStation 5 game console sales target by one million units to 19 million for the year to March. The electronics and entertainment giant also said its chief financial officer, Hiroki Totoki, would become president … Read more
Key points: Bitcoin gained 38% when US President Trump signed a major spending bill in late 2020. Doing so again would put BTC/USD at $150,000 as Trump prepares to sign his “Big Beautiful Bill” into law. Global liquidity trends continue to favor BTC price upside, but Bitcoin may peak first. Bitcoin (BTC) could gain nearly … Read more
Key points: Bitcoin gained 38% when US President Trump signed a major spending bill in late 2020. Doing so again would put BTC/USD at $150,000 as Trump prepares to sign his “Big Beautiful Bill” into law. Global liquidity trends continue to favor BTC price upside, but Bitcoin may peak first. Bitcoin (BTC) could gain nearly … Read more
Key points: Bitcoin gained 38% when US President Trump signed a major spending bill in late 2020. Doing so again would put BTC/USD at $150,000 as Trump prepares to sign his “Big Beautiful Bill” into law. Global liquidity trends continue to favor BTC price upside, but Bitcoin may peak first. Bitcoin (BTC) could gain nearly … Read more
Key points: Bitcoin gained 38% when US President Trump signed a major spending bill in late 2020. Doing so again would put BTC/USD at $150,000 as Trump prepares to sign his “Big Beautiful Bill” into law. Global liquidity trends continue to favor BTC price upside, but Bitcoin may peak first. Bitcoin (BTC) could gain nearly … Read more
Key points: Bitcoin gained 38% when US President Trump signed a major spending bill in late 2020. Doing so again would put BTC/USD at $150,000 as Trump prepares to sign his “Big Beautiful Bill” into law. Global liquidity trends continue to favor BTC price upside, but Bitcoin may peak first. Bitcoin (BTC) could gain nearly … Read more
Key points: Bitcoin gained 38% when US President Trump signed a major spending bill in late 2020. Doing so again would put BTC/USD at $150,000 as Trump prepares to sign his “Big Beautiful Bill” into law. Global liquidity trends continue to favor BTC price upside, but Bitcoin may peak first. Bitcoin (BTC) could gain nearly … Read more