Author: franperez66q@protonmail.com

Terry Duffy, CEO of CME Group Inc., speaks during the Piper Sandler Global Exchange and FinTech Conference in New York City, U.S., June 5, 2025. Adam Gray | ReutersOutgoing CME Group CEO Terrence Duffy said on CNBC’s “Fast Money” on Wednesday afternoon that the exchange operator will sue the Commodity Futures Trading Commission over the agency’s move to approve perpetual futures.The CFTC approved prediction market platform Kalshi in late May to begin offering bitcoin perpetual futures, or “perps.” These are futures contracts that have no expiration date but allow traders to speculate on a price without owning the underlying asset.…

Key PointsCNBC’s Jim Cramer named Intel as his top stock pick, arguing that investors should focus on the company’s future AI opportunities rather than its massive rally over the past year.He said growing demand for AI infrastructure and Intel’s expanding foundry business could drive years of additional growth for the chipmaker.CNBC’s Jim Cramer said Wednesday that Intel still has room to run — even after the semiconductor giant’s stock has more than tripled. “Which stock do you want to buy? I told Club members the answer is my new favorite stock in this market: Intel,” the ” Mad Money “…

Chinese regulators clear Paramount Skydance-Warner Bros Discovery merger, source says Source link

Roelof Botha speaks onstage during day one of TechCrunch Disrupt 2025 at Moscone Center on Oct. 27, 2025 in San Francisco, California. Kimberly White | Getty ImagesLess than a week after leading SpaceX through a record IPO, CEO Elon Musk has bolstered the rocket maker’s board with another longtime friend and ally, Roelof Botha. In a filing on Wednesday, SpaceX said Botha will serve as an independent director and a member of the company’s audit committee starting immediately. Botha becomes the eighth board member at SpaceX, where Musk serves as chairman, in addition to his roles as CEO and technology…

Kevin Warsh, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, June 17, 2026. Al Drago | Bloomberg | Getty ImagesChairman Kevin Warsh’s 43-odd minutes at the Federal Reserve’s podium Wednesday were intended to deliver the message that, slowly but surely, he will set about making the Fed quieter, more humble in its engagement with the markets and the economy, and — ultimately — laser-focused on inflation. “I’ve said for years inflation is a choice,” Warsh told reporters. “You bet it is.”Warsh sees his confirmation as…

WASHINGTON – Kevin Warsh’s first meeting as Federal Reserve chairman concluded Wednesday with no change in interest rates and a nod to possible hikes ahead. The meeting also saw the removal of key language indicating a bias toward future cuts within a dramatically shorter policy statement.The Federal Open Market Committee voted unanimously to keep its benchmark overnight borrowing rate anchored in a range of 3.5%-3.75%. The federal funds rate has held there since the central bank lowered rates by three-quarters of a percentage point in the latter part of 2025.With a bevy of intrigue over Warsh taking the central bank…

Apple to raise prices due to memory chip shortage, CEO tells WSJ Source link

Quantum computing news usually picks up near the end of the year, as companies try to provide evidence that they are hitting benchmarks on time. However, there have been interesting announcements as the summer starts this year, from incremental progress to attention-grabbing promises. As we did earlier this month, Ars has a rundown of some of the most significant announcements. These include a promise of useful, error-corrected quantum computing as soon as 2028, details on an updated trapped ion processor, and a case in which claims of quantum supremacy have been cut back a bit thanks to advances in more…

Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, left, and Senator Jack Reed, a Democrat from Rhode Island, speak during a confirmation hearing in Washington, DC, US, on Thursday, Oct. 30, 2025. Eric Lee | Bloomberg | Getty ImagesThe Senate Armed Services Committee approved a must-pass bill with a provision that could bar some defense contractors from executing stock buybacks or paying dividends unless they have Defense Department approval. The measure, an annual bill known as the National Defense Authorization Act, was approved 18-9 in a closed-door committee meeting last…

Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesUniQure plans to seek FDA approval of its experimental gene therapy for Huntington’s disease, the company said Wednesday, months after previous agency leaders criticized the evidence backing the application. UniQure said the FDA in a recent meeting communicated that a three-year analysis from a Phase 1/2 study would support an accelerated approval of UniQure’s gene therapy for Huntington’s, a rare hereditary disease that gradually destroys nerve cells in the brain. As a result of the meeting, UniQure plans to submit its application to the FDA in the third quarter of this…