Author: Anthony M. Orbison

Tesla (NASDAQ:) has introduced its “Actually Smart Summon” feature to customers in China, enabling vehicles equipped with enhanced autopilot and full self-driving capabilities to autonomously navigate parking lots. This feature allows a Tesla vehicle to drive to its owner’s location within their line of sight. The deployment of this feature started on Friday and is being delivered through over-the-air software updates, as confirmed by Tesla China. The Smart Summon function is designed to provide added convenience for drivers, particularly in crowded parking areas, by allowing their cars to come to them without manual operation. Tesla’s expansion of autonomous driving features…

Bitcoin has returned back above the $100,000 mark as on-chain data shows capital continues to flow into the asset at a rapid rate. Bitcoin Realized Cap Has Crossed The $768 Billion Milestone In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed about the latest trend in the Realized Cap of Bitcoin. The “Realized Cap” here refers to an on-chain capitalization model that calculates BTC’s total value by assuming the value of each individual token is equal to the price at which it was last transacted on the network. The previous transfer of any coin…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK economy unexpectedly shrank 0.1 per cent in October, the second contraction in a row, in a blow to the Labour government’s economic agenda.The monthly change in GDP published on Friday by the Office for National Statistics was lower than the 0.1 per cent expansion forecast by economists polled by Reuters. It followed a 0.1 per cent contraction in the previous month.Sterling fell 0.4 per cent against the dollar immediately following the data release.The figures underscore the economic challenge for the…

Americans face numerous threats to their pocketbooks on a daily basis. They are often hit with inflated prices for goods and services, hidden fees, higher costs of living, etc. According to a recent survey from Bankrate, 43% of Americans say their financial situation has worsened since January 2021 amid these higher costs.💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸One of the major pain points consumers often complain about is fees associated with their bank accounts. Related: U.S. government’s crackdown on bank overdraft fees just got a bit more seriousIt is common for some consumers to…

Bitcoin price hit $100,000 today in a major market surge. The rally followed positive U.S. inflation data that beat expectations. Ethereum price and Dogecoin price both rose over 6% in response. The cryptocurrency volatility followed growing market hopes for Federal Reserve rate cuts. Bitcoin price moves sparked wider gains across the crypto sector as traders rushed to adjust positions.Also Read: Bitcoin Forecasted To Hit $250K, Fundstrat Reveals TimelineUnderstanding How Inflation Data Drives Bitcoin, Ethereum, and Dogecoin GrowthSource: Watcher GuruMarket Rally DetailsCryptocurrencyGains +/-Price (Recorded at 7:30 p.m. ET)Bitcoin (BTC)+5.03%$100,927.86Ethereum (ETH)+6.42%$3,828.77Dogecoin (DOGE)+6.38%$0.4121November’s Consumer Price Index met market expectations. This sparked a broad…

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By Mrinmay Dey (Reuters) -The U.S. Securities and Exchange Commission (SEC) this week has reopened an investigation into Elon Musk’s brain-chip startup Neuralink, according to a letter shared by Musk on Thursday on social media platform X. The Dec. 12 letter from Musk’s lawyer Alex Spiro to outgoing SEC Chair Gary Gensler also noted that the commission had issued a settlement demand and that Musk had been given 48 hours to accept making a monetary payment or face charges on multiple counts. The amount demanded was not in the letter. Musk has long sparred with the SEC and last year…

POL appears to have formed a bull flag on its four-hour chart suggesting an upcoming uptrend. This uptrend could face resistance given that a majority of holders are yet to become profitable.  Polygon [POL] traded at $0.655 at press time, after an 11% gain in 24 hours. These gains are a reversal from bearish trends, given that the price remains down by 7% in the last seven days.  Polygon, like most altcoins, recorded a strong uptrend in late November, before hitting a snag earlier this month. This uptrend and the subsequent drop formed a bull flag on POL’s four-hour chart. …

Source: TradingView.com Broadcom shares surged in extended trading Thursday after the chipmaker reported better-than-expected earnings and issued a rosy outlook amid robust AI-driven sales growth. The stock sits poised to break out from a ascending triangle on Friday, setting the stage for a continuation of the stock’s longer-term uptrend. The bars pattern tool, which extracts the stock’s trend higher from December 2023 to June this year and repositions it from the ascending triangle’s top trendline, forecasts an upside target of around $315. Investors should watch key support levels on Broadcom’s chart during pullbacks near $185 and $140. Broadcom (AVGO) shares…

They say there is no wrath like that a woman scorned, but these former employees are giving that maxim a run for its money. After abruptly losing their jobs without warning, these ex-employees have fought for the last eight months to obtain the payment they say they deserve. Meanwhile, the company they used to work for before it went bankrupt has gotten its business back on track without facing the repercussions of its actions so far.Don’t miss the move: SIGN UP for TheStreet’s FREE daily newsletterFoxtrot and Dom’s Kitchen & Market joined forces in November 2023 to form Outfox Hospitality. This…