Jason

Qualcomm Stock Dives Amid Memory Chip Crunch as Alphabet Accelerates AI Investments

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Stock market charts showing Qualcomm decline and Alphabet growth amid tech earnings

“Qualcomm’s first-quarter fiscal 2026 earnings showcased record revenues of $12.25 billion and non-GAAP EPS of $3.50, but shares plummeted due to a subdued second-quarter outlook impacted by global memory chip shortages affecting handset demand. Meanwhile, Alphabet reported robust fourth-quarter 2025 results with revenues hitting $113.8 billion and EPS of $2.82, driven by surging Google Cloud … Read more

Bitcoin Plunges Below $70,000 as Treasury Secretary Bessent Rules Out Government Bailout for Crypto

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A downward-trending Bitcoin price chart overlayed on a U.S. Treasury building backdrop, symbolizing market decline after government statements.

“Bitcoin dropped sharply to under $70,000 per token, marking its lowest level in over a year, following statements from Treasury Secretary Scott Bessent emphasizing that the U.S. government lacks authority to direct banks or use taxpayer funds to support cryptocurrencies during market downturns. The decline reflects broader selling pressure across risk assets, with Bitcoin losing … Read more