Bitcoin Drops 5% to $95K Amid Market Uncertainty; Nippon Steel Defends $15B US Merger, Criticizes Tariffs as Weak Policy; Micron Invests $7B In Singapore AI Memory Facility – Top Headlines While the U.S. Slept

Benzinga
01-08

Crypto

  • Bitcoin Slides 5%, Touches $95,000 Mark: Why Is BTC Going Down?
  • What MicroStrategy’s (Declining) Net Asset Value Premium Really Means For Bitcoin
  • Bitcoin RSI Plunges To ‘Oversold’ Level Not Seen Since $60K, Signaling Potential Short-Term Recovery
  • US Bitcoin Miners Hoard Apex Crypto To Shield Against Rising Expenses — MARA, Riot Replicate MicroStrategy’s Playbook
  • Dogecoin To Drop Further? Top Analyst Foresees Possible Dump For Memecoin If Bitcoin Doesn’t Bounce
  • Trump Meets Top Ripple Executives — CEO Says ‘Strong Start To 2025’ As Technicals Favor XRP Bulls
  • Bitcoin, Ethereum, Dogecoin Join Equities In Sell-Offs As Economic Data Pours Cold Water On Rate Cut Hopes: $97K Holds Significance For BTC — Here’s Why

US Markets­­­­­­­­

  • US Stocks To Open Higher As Futures Advance: Christopher Wood Expects Trump’s Inflationary Policies To Hurt Market
  • S&P 500 Down Over 1% As Nvidia, Tesla Tumble: Greed Index Remains In ‘Fear’ Zone

US Politics

  • Tesla Supplier CATL, Riot Games Owner Tencent Plan Legal Action Over Pentagon Blacklist, Deny Military Ties

World Politics

  • Lithium Woes Spillover Into 2025, But US And China Quietly Build Reserves

US Economy

  • US Private Businesses Add 122,000 Jobs In December: ‘Slowdown In Both Hiring And Pay Gains’

World Economy

  • Natural Gas Jumps 4%, Oil Hits $75; Europe Markets Advance – Global Markets Today While Us Slept

Tech

  • Micron’s $7 Billion Bet on AI-Driven Memory In Singapore Facility Set to Boost Innovation
  • Serve Robotics Stock Tumbles In Pre-Market As CEO Sells Shares: Here’s What Technical Analysis Shows
  • Why Is Quantum Computing Stock Falling Today?
  • Dell Simplifies PC Lineup With Apple-Like Branding: XPS, Inspiron Brands Are Gone For Good
  • Amazon Web Services Expands In Asia Pacific With $5 Billion Investment In Thailand Region
  • Microsoft CEO Satya Nadella Draws Attention To AI-Powered Agriculture For ‘Healthier, More Sustainable Harvests’ Amid $80 Billion Investment Push
  • Nvidia 5000 Series: RTX 5090 Version For China Costs $250 More But Its AI Power Cut 29% — Here’s Why
  • Amazon Set To Benefit From Mexico’s Import Tariffs Affecting Temu, Shein — Analysts See Window Of Opportunity For Established Players
  • Amazon AWS To Invest $11 Billion In Georgia To Boost AI And Cloud Infrastructure: ‘Expect To Create More Than 550 Well-Paying Jobs’

Electric Vehicle

  • BYD Reportedly Brought Chinese Workers With Irregular Visas To Work At Factory, Says Brazilian Labor Inspector
  • MKBHD Ranks Tesla’s FSD Best Among Assisted Driving Systems, Adds ‘It’s Not Perfect
  • xAI’s Grok Chatbot To Be Integrated Into Tesla Vehicles ‘Soon,’ Says Elon Musk

Consumer

  • Dunlop Brand Changes Hands: Goodyear Strikes $701 Million Deal with Sumitomo To Power Forward Plan
  • Franchise Fallout: Yum! Terminates Turkey Deal Over Standards Issues, Expects Pre-Tax Special Charge
  • Helen Of Troy Sales Decline As Beauty Products Demand Softens; Shares Plunge
  • Acuity Brands Q1 Earnings: Revenue Miss, Smart Spaces Revenue Soars 14.5%, Expands Into Cloud Tech With $1.2 Billion Deal
  • This Levi Strauss Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday

Communication

  • Elon Musk-Owned X’s Rival Bluesky Valued At $700 Million After Explosive Growth Post Trump Victory: Report

Industrial

  • Nippon Steel CEO Slams Tariffs, Defends $15 Billion US Steel Merger Amid National Security Concerns: ‘We Never Think That Industry Can Become Stronger Through Tariffs Alone’

Healthcare

  • Alpha Cognition Inks $44 Million Licensing Pact For Its Alzheimer’s Drug In China

Financial

  • La Rosa Snaps La Rosa Realty Beaches Franchisee
  • Regional Banks Can Thrive Despite Big Bank Dominance: Truist Securities Highlights Three Key Paths For Thriving Regional Banks
  • Citigroup Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts
  • Yield Curve Normalization, Cheap Valuation, EPS Growth To Boost Banks In 2025: Truist Initiates Coverage On These 14 Regional Names

General

  • DOGE Co-lead Elon Musk And Vivek Ramaswamy Reportedly On A Hiring Spree For Full Timers
  • Jeff Bezos-Backed Anthropic Set To Become One Of The Top 5 US Startups As It Reportedly Eyes $60 Billion Valuation With $2 Billion Funding Round
  • OpenAI CEO Sam Altman Predicts AGI Will Arrive During The Trump Presidency, Says CHIPS Act Not Effective Enough
  • Sam Altman’s Sister Files Lawsuit Against OpenAI CEO Alleging Sexual Abuse — Family Respond: ‘Deeply Hurtful And Entirely Untrue’

Space

  • Starship’s Raptor Engine Needs ‘Few Final Touches’ Before Reaching Perfection, Says SpaceX CEO Elon Musk
  • SpaceX’s Starship 7th Test Flight Delayed, Says Elon Musk: Now Expected Next Week

Energy

  • Shell Lowers Integrated Gas Production Outlook; Shares Slide
  • Exxon Mobil Sues California AG Over Defamation Of Recycling Efforts, Citing Ties To Competitors

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