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Bitcoin, Ethereum, Dogecoin Rally As Senate Advances Key Crypto Bill: Analyst Says BTC Could Touch A Fresh All-Time High In Coming Days - Grayscale Bitcoin Mini Trust ( BTC ) Common units of fractional undivided beneficial interest ( ARCA:BTC )

Leading cryptocurrencies rose Monday amid the advancement of a stablecoin legislation in the Senate. What Happened: Bitcoin recaptured $106,000 after tapping liquidity and bouncing off the support around $102,000. Ethereum fought off the Sunday correction, surging over 7% to reclaim the ...

Source: www.benzinga.com
May 20, 2025 | 03:52:21
Category: Markets

Scott Bessent Says US Will 'Continue Trading With China' While Strategically Reshoring Semiconductors, Steel, and Pharmaceuticals To Protect National Security

Treasury Secretary Scott Bessent made fresh clarifications on the country's evolving trade posture, particularly in relation to China, and the reshoring of critical supply chains. What Happened: On Sunday, Bessent posted a video clip on X from his recent appearance on CNN's State of the Union ...

Source: www.benzinga.com
May 20, 2025 | 03:52:43
Category: Markets

Pfizer Secures Global Rights To China's 3SBio's Cancer Drug In $6 Billion Deal - Pfizer ( NYSE:PFE )

Pfizer Inc. PFE announced Monday it has secured exclusive global rights, excluding China, to 3SBio Inc.'s bispecific antibody SSGJ-707 in a deal potentially worth up to $6 billion. The agreement includes a $1.25 billion upfront payment to the Chinese biopharmaceutical company, with additional ...

Source: www.benzinga.com
May 20, 2025 | 03:55:56
Category: Markets

Foxconn invests in India as Apple moves iPhone production from China

Apple is looking to import most of the iPhones it sells in the US from India by the end of 2026.

Source: www.scmp.com
May 20, 2025 | 02:04:52
Category: Companies

Hong Kong stocks rise after China cuts key rates for first time in 7 months

China lowers one-year loan prime rate (LPR) to 3 per cent from 3.1 per cent, and five-year LPR to 3.5 per cent from 3.6 per cent.

Source: www.scmp.com
May 20, 2025 | 02:17:47
Category: Business

GlobalFoundries Partners with A*STAR to Accelerate Advanced Packaging Innovation

The collaboration will provide GF with access to A*STAR's state-of-the-art R&D facilities, capabilities and technical support for technology development and workforce skills enhancement in advanced packaging The collaboration will provide GF with access to A*STAR's state-of-the-art R&D ...

Source: www.globenewswire.com
May 20, 2025 | 02:45:00
Category: News

Senate Crypto Bill Passes Key Vote, GENIUS Act Moves Toward Final Passage

The Senate voted in favor of advancing the GENIUS Act, also known as the stablecoin bill, Monday night, overcoming a key procedural hurdle and paving the way for the bill's final passage. What Happened: The Senate managed to exceed the three-fifths majority, or the 60-vote threshold, required to ...

Source: www.benzinga.com
May 20, 2025 | 02:46:08
Category: Markets

The Smartest S&P 500 ETF to Buy With $1,000 Right Now

The market has been on an absolute roller-coaster of a ride this year, dropping by over 20% after President Donald Trump announced his tariffs, before it recovered thanks to subsequent negotiations between the administration and some of the United States' largest trading partners.

Source: www.fool.com
May 20, 2025 | 00:21:00
Category: News

Occidental Petroleum Continues Working Toward Capturing This Potential $5 Trillion Future Market Opportunity

Occidental Petroleum ( NYSE: OXY ) believes carbon capture and storage ( CCS ) will eventually become a massive market. The oil company estimates it could be a $3 trillion to $5 trillion global industry in the future. It's not alone in that view.

Source: www.fool.com
May 20, 2025 | 00:36:00
Category: News

Trip.com ( TCOM ) Lags Q1 Earnings and Revenue Estimates

Trip.com (TCOM) delivered earnings and revenue surprises of -4.65% and 0.25%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?

Source: www.zacks.com
May 20, 2025 | 00:45:01
Category: News

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