The pro-crypto Wyoming senator hopes the United States will purchase 5% of Bitcoin's total supply as a strategic reserve asset.
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After facing declines in chip shipment counts, now Arm is focusing on higher-value markets, including accelerators for artificial intelligence.
The decision comes as the company reported a second-quarter net loss of $188 million, or $1.96 per share. Excluding items, it earned 4 cents a share.
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in June.
Handset sales rose 12% on a year-over-year basis, which suggests that a deep slump in smartphone sales over the past two years is abating.
Meta's virtual reality and augmented reality focused Reality Labs unit recorded an operating loss of $4.48 billion in the second quarter.
Meta reported second-quarter earnings on Wednesday after the bell. Here are the results:
The proof-of-concept showed that real-time monitoring of stablecoin reserves could be achieved with cooperation among regulators, technologists and issuers.
The proof-of-concept showed that real-time monitoring of stablecoin reserves could be achieved with cooperation among regulators, technologists and issuers.
Carvana expects 2024 to be a record year for the used car retailer, including adjusted EBITDA of between $1 billion and $1.2 billion.
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