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On September 28, the Philadelphia Semiconductor Index fell sharply by 2% to close at 12,415.34 points. Performance diverged significantly among individual stocks, with Nvidia rising against the trend while most chip giants like Qualcomm, Intel, and AMD declined. Qualcomm led the losses, plunging over 7%.
Read MoreSpaceX has accelerated the return timeline for its Starship spacecraft, moving key test milestones ahead of schedule. This adjustment reflects evolving development priorities and could signal progress in the vehicle's operational readiness.
Read MoreProminent U.S. financial advisor Ric Edelman advocates significantly increasing Bitcoin allocations in client portfolios, suggesting traditional 1%-2% holdings are insufficient. He recommends considering allocations up to 40%, citing favorable market performance as validation for this strategic shift toward digital assets.
Read MoreMajor US stock exchanges are planning to significantly extend trading hours, responding to competition from 24/7 crypto platforms and emerging prediction markets, while meeting global demand for instant liquidity—a shift that could reshape Wall Street.
Read MoreReuters reports U.S. Democrats are preparing congressional oversight plans for after November's midterms. If they win control of the House or Senate, investigations into Trump family business dealings and certain corporate donations linked to White House projects could begin by February. Lawmakers have already requested documents and proposed tax legislation targeting presidential relatives' profits from government actions.
Read MoreMajor US indices opened lower on September 28th. Nvidia defied the trend, rising 2.3% after announcing a $150 billion boost to its stock buyback program. Meta fell 0.9%, pausing after a near 13% weekly gain. SpaceX traded flat.
Read MoreSpaceX is targeting September 28 for the first orbital launch of its fully stacked Starship rocket. The mission, designated Starlink 31-1, will deploy 26 next-generation Starlink V3 satellites, marking a critical step in expanding the company's broadband constellation.
Read MoreIn the latest Controlled Voice Arena rankings by Artificial Analysis, Alibaba's Qwen-Audio-3.1-TTS model claimed the top spot with an Elo score of 1177. This achievement highlights a significant breakthrough for China in core AI voice technology.
Read MoreOn-chain data reveals a significant profitable trade by the notable trader 'Bonk Guy' in the SI token. An initial investment of approximately $164K has ballooned to a current valuation of $436K, generating an unrealized profit exceeding $272K, showcasing precise market timing.
Read MoreTether has assisted in freezing over $550 million worth of USDT linked to Iran-related sanctions in 2024, including assets tied to Iran's central bank. The company works with over 340 law enforcement agencies across 67 countries, with total frozen assets now exceeding $4.9 billion globally.
Read MoreDTCC and fintech firm iCapital have entered a strategic partnership with an undisclosed investment. The collaboration aims to integrate their respective infrastructures to streamline data and operations across the private investment lifecycle, starting with alternative investment platforms and exploring emerging technologies like blockchain.
Read MoreMongoDB's President and CEO Chirantan Desai abruptly resigned on September 28, effective immediately, to join Meta Platforms. The company swiftly appointed former CEO Dev Ittycheria as interim leader. This sudden leadership change spooked investors, causing MongoDB's stock to plummet 15% in pre-market trading.
Read MoreRevolut has secured approval from Argentina's central bank to acquire Banco Cetelem Argentina. The entity will be rebranded as a fully licensed bank, with a planned public launch in 2027, marking a strategic expansion into Latin America for the UK fintech giant.
Read MoreHYPE has broken below the key $90 level, currently trading at $89.97 with a 3.7% drop in 24 hours. This article analyzes the technical and sentiment factors behind the sharp move and offers practical risk management strategies for volatile markets.
Read MoreCoinMarketCap has appointed former Chief Product Officer David Salamon as its new CEO. Salamon, instrumental in building CMC AI and the on-chain data platform DexScan, will lead the company's intensified focus on trusted data and AI-native strategy. Former CEO Rush steps down after five years to pursue new ventures.
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