Watch Live: Fed Chair Powell's Last Press Conference

Nvidia Shares Pump & Dump After CEO Jensen Expects "At Least" $1 Trillion In Revenue By 2027 Summary:  CEO Jensen began discussing all things AI around 1520 ET. CEO Jensen said the data center AI opportunity will grow from half a trillion dollars to $1 trillion by 2027. CEO Jensen said, "Computing demand has increased by 1 million times in the last two years." A graphic on screen indicated that 60% of the business is hyperscalers. CEO Jensen said, "We are now a computing platform that runs all of AI." CEO...

The UN’s International Maritime Organization (IMO) said on Thursday that it paused an effort to evacuate ships out of the Strait of Hormuz after a vessel was struck off the coast of Oman, which came as Iran warned ships not to transit the strait outside of routes it hasn’t approved. The UK’s Maritime Trade Operations […]

EU Watchdog EBA Details Big Crypto Fines As Landmark Laws Bite Authored by Robert Lakin via CoinTelegraph.com, The European Banking Authority on Friday unveiled a sweeping framework to penalize cryptocurrency issuers that violate the European Union’s digital-asset laws, signaling a tougher enforcement stance as the trade bloc finalizes its historic regulatory architecture. The consultation paper published June 26 establishes a standardized playbook for hitting non-compliant issuers of what the EBA considers “significant” tokens with potentially multimillion-euro penalties. Under the proposal, the Paris-based watchdog will deploy a strict two-step process to determine fines, assessing the...