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Apple ditches electric car project, shifts focus to generative AI

Apple is reportedly abandoning its decade-long efforts to build electric cars and ramping up its efforts on generative AI projects. Apple announced the plan internally on Tuesday, people familiar with the matter said. bloombergwhich rattled the roughly 2,000 staff working on the self-driving car, which was originally scheduled to be released in 2026. The decision […]

Gold Price Forecast: Confluence Resistance Stifles Bulls, Focus Shifts to US PCE – DailyFX

Most read: USD looks to US PCE for clues to Fed path.Settings for EUR/USD, USD/CAD, USD/JPY Gold prices lost ground on Monday after last Friday’s strong performance, weighed down by rising U.S. Treasury yields, a situation that generally makes non-interest-bearing assets less attractive compared to bonds. In this context, XAU/USD closed near $2,030, just below […]

White House aide shifts to Biden campaign as part of paid media team

A longtime aide to President Biden has left the administration and joined the president’s re-election campaign as a senior member of his paid media team. Jin Koo previously served as chief of staff to senior Biden adviser Mike Donilon and chief of staff in the White House speechwriting office. In her new role, first reported […]

Xander Bogaerts shifts to second base in $280 million Padres decision

Xander Bogaerts’ time as the Padres’ shortstop was short-lived, despite the high cost that came with it. A year after signing an 11-year, $280 million contract with San Diego, the team wants him to play second base for the first time in his career, first-year manager Mike Shildt told reporters Friday. He told the group. […]

Biden Shifts Border Crisis Blame In New Statement

President Joe Biden on Friday shifted blame for the ongoing border crisis and criticized lawmakers for failing to reach a deal, according to a press release. of ongoing battle The Lone Star State's borders got tougher this week, with the Biden administration demanding that Texas officials return the border area to the federal government. But […]

Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs – CoinDesk

Activities of ProShares Bitcoin Strategy ETF (BITO), the world's leading Bitcoin (Bitcoin) Futures-based exchange-traded funds (ETFs) have cooled significantly since the launch of ETFs that invest directly in cryptocurrencies began trading in the United States on January 11. Just over $500 million worth of BITO stock was transferred to the NYSE on Thursday, 75% from […]