December 3, 2021

Dollar gains on rate hike bets ahead of jobs data

The dollar gained on Friday against most major currencies as traders positioned ahead of key U.S. jobs data that could clear the path for an earlier rate hike by the Federal Reserve. Fed officials speaking on Thursday joined Chair Jerome Powell in striking a hawkish […]
December 6, 2021

Bitcoin, ethereum and solana fall as crypto tokens sink

Cryptocurrencies were down on Monday morning after bitcoin’s price took a battering over the weekend. Bitcoin (BTC-USD) was down almost 3% at the time of writing, trading at $48,143 (£36,304). That’s almost 30% down from its all-time high of $69,000, which it hit last month. […]
December 8, 2021

Why Intel is unloading Mobileye

With big capital commitments for new foundries coming down the pike, Intel (INTC) is likely looking to free up resources by spinning off Mobileye. The chip giant said Tuesday it would float Mobileye onto public markets. Industry experts peg the valuation on Mobileye north of $50 […]
December 8, 2021

Metaverse will disrupt human life — here are 7 companies that may win big

The metaverse will be disruptive to society once it gains its true form over the next decade Jefferies analyst Simon Powell argues. But several companies could be poised to benefit greatly from the new digital ecosystem. “A single metaverse could be more than a decade away, but […]