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Stocks

Big Breaking: SEC Chair Atkins Says CLARITY Act Will Pass And Trump Will Sign It

The post Big Breaking: SEC Chair Atkins Says CLARITY Act Will Pass And Trump Will Sign It appeared first on Coinpedia Fintech News SEC Chairman Paul Atkins delivered his clearest public endorsement yet of the CLARITY Act in a recent interview, expressing confidence that Congress will pass the legislation and the President will sign it.

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Stocks

SUI Price Slides Again After Second Network Halt

The post SUI Price Slides Again After Second Network Halt appeared first on Coinpedia Fintech News Sui traders are learning, once again, that blockchain outages and investor confidence rarely mix well. SUI price kept sliding after the network suffered another disruption tied to the same 1.72 release bug that already triggered concerns earlier this week.

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Stocks

LAB Price Jumps 25% After New Rewards Season Launch

The post LAB Price Jumps 25% After New Rewards Season Launch appeared first on Coinpedia Fintech News LAB price was sleepy for days, then suddenly vertical. The token surged roughly 25% intraday after LAB announced a fresh rewards season tied directly to trading activity inside the LAB App and LAB TG App. Apparently, every trade

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Investing

Here’s why Brent crude oil price may drop below $60 soon

Brent crude oil price retreated for three consecutive days, reaching its lowest level since April 7 this year. It has plunged from a high of $114 on May 4 to the current $91. This retreat may continue after forming a double-top pattern amid a US-Iran deal. Technical analysis points to a steeper Brent crude oil

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Investing

Here’s why Alibaba, Tencent, Xiaomi stocks are falling amid the AI boom

The biggest Chinese technology companies are underperforming the market despite the ongoing artificial intelligence boom. Xiaomi stock has plunged by 30% this year, while Tencent and Alibaba have dropped by 27% and 13%, respectively.  They have suffered steeper declines from their highest points last year. Xiaomi, which is widely seen as China’s answer to Apple,

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Investing

SoFi stock warning: stablecoin faces major scaling headwinds

SoFi Technology (NASDAQ: SOFI) stock price popped on Friday after forming the highly bullish double-bottom pattern at $15. It soared to a high of $18.50, its highest point since April 28, up by 22% from its lowest point this year, as investors welcomed the new stablecoin. SoFi Technology stock technicals point to more gains The

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Investing

Here’s why the SMCI stock price is nearing a golden cross

The Super Micro Computer (NASDAQ: SMCI) stock price extended its rally on Friday as the artificial intelligence supercycle gained momentum. It jumped to $48, its highest point since November 25, up by 145% from its lowest point this year. This rally may continue soon as the Supermicro stock nears a golden cross pattern.  SMCI stock

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Economy

Gavin Newsom takes a populist turn on AI ahead of a possible 2028 presidential run

For years, California Gov. Gavin Newsom has reaped the benefits of Silicon Valley’s AI boom — in the form of tax revenue for his state and political contributions from industry leaders. Newsom’s interests often aligned with those of tech titans, and he largely protected those interests. In 2024, for example, he vetoed a bill that

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Economy

‘60 Minutes’ journalist says CBS contract ended after furor over delayed segment

CBS News has reportedly declined to renew its contract with Sharyn Alfonsi, the “60 Minutes” correspondent whose segment about the Trump administration deporting Venezuelan men to a prison in El Salvador was abruptly pulled off the air late last year. Alfonsi confirmed the expiration of her CBS News deal in an interview with The New

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Economy

Judge declines to jail teenager accused of killing stepsister aboard cruise ship

MIAMI — A federal judge on Wednesday declined to jail a Florida teenager accused of killing and sexually assaulting his stepsister, allowing him to remain in the custody of a family member while he awaits trial. Timothy Hudson, 16, has been free since the slaying of Anna Kepner, who died on Nov. 7, 2025, aboard

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