Kaustubh Bagalkote

The U.S. bond market is sending significant signals to Wall Street and Washington as Treasury yields approach levels not seen in nearly two decades, potentially complicating the incoming president-elect Donald Trump administration’s economic agenda. What Happened: The yield on the 10-year...

Bank of Japan Governor Kazuo Ueda indicated Wednesday that the central bank is prepared to raise interest rates if economic and price conditions continue to improve, as Japan’s 10-year government bond yields touched their highest level since 2011 amid mounting speculation of policy tightening...

U.S. semiconductor trade groups have mounted strong opposition to the President Joe Biden administration’s new chip export restrictions, warning of potential market share losses to global competitors in a private letter to Biden. What Happened: The letter Tuesday, signed by six trade...

JPMorgan Chase & Co. (NYSE:JPM) announced a significant leadership reorganization on Tuesday marking one of the most substantial executive reshuffles under CEO Jamie Dimon‘s tenure, as President and COO Daniel Pinto prepares to step down after four decades with the firm. What Happened:...

Prominent economist Mohamed El-Erian highlighted Bloomberg Opinion columnist John Authers‘ analysis showing how inflation could derail President-elect Donald Trump‘s economic agenda before it begins, as markets await crucial December Consumer Price Index data. What Happened: El-Erian,...

South Korean markets showed resilience Wednesday as President Yoon Suk Yeol was taken into custody, with the benchmark KOSPI rising 0.40% to 2,507.35 amid heightened political uncertainty. Yoon, 64, was detained at 10:33 a.m. local time by a joint probe team investigating allegations related to his...

Jim Cramer is steering investors toward quantum computing stocks while expressing concerns about Super Micro Computer Inc. (NASDAQ:SMCI) amid its auditor changes. What Happened: The CNBC’s “Mad Money” host announced on X on Tuesday his strategy to reinvest gains from GameStop Corp...

Nvidia Inc. (NASDAQ:NVDA), the artificial intelligence powerhouse led by Jensen Huang is pushing back against new semiconductor export regulations imposed by President Joe Biden‘s administration. What Happened: The Commerce Department’s fresh 168-page rule aims to control the global...

Cryptocurrency exchange Coinbase Global Inc. (NASDAQ:COIN) secured a partial victory against the Securities and Exchange Commission when a federal appeals court ruled the agency’s denial of crypto rulemaking was “arbitrary and capricious,” while stopping short of forcing new...

While NVIDIA Corp. (NASDAQ:NVDA) CEO Jensen Huang has stated that practical quantum computing is likely two decades away, the company is not waiting to invest in its future. In a strategic move, Nvidia is actively hiring for roles that will bolster its quantum computing capabilities, indicating a...

British chip design firm Arm Holdings (NYSE:ARM) is developing plans to increase prices by up to 300% and has discussed manufacturing its own chips, marking a significant shift in strategy that could reshape its relationship with major customers like Apple Inc. (NASDAQ:AAPL) and Qualcomm Inc. (...

Ray Dalio, founder of Bridgewater Associates, warned Tuesday that the United States could “go broke” due to mounting government debt problems, as the nation grapples with unprecedented interest payments reaching $2 million per minute. What Happened: In a post on X, Dalio announced an...

Wall Street strategist Tom Lee suggests Bitcoin (CRYPTO: BTC) could retreat significantly from recent highs, potentially testing support levels at $70,000 or even the $50,000 range, while maintaining a long-term bullish stance targeting $250,000. What Happened: Speaking on CNBC’s ‘...

Chinese officials are considering Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk as a potential buyer for TikTok’s U.S. operations, as the social media platform faces a Jan. 19 deadline to divest or shut down. What Happened: The discussions, though preliminary, envision a potential scenario where...

Tesla Inc. (NASDAQ:TSLA) shares rose more than 2% in after-hours trading on Monday, driven by Morgan Stanley’s increase in its price target and positive developments in its Full Self-Driving technology, according to prominent Tesla bull Gary Black. What Happened: Morgan Stanley raised its...