Crypto trips up markets’ festive mood

Crypto trips up markets’ festive mood

There’s something about the latest crypto crash that makes it different from previous downturns. Artur Widak | Nurphoto | Getty Images After finishing last month on a strong note, markets stumbled into December, tripped over by the sell-off in crypto.  All three major U.S. indexes snapped their 5-day winning streaks as bitcoin, the world’s largest cryptocurrency, dropped…

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Trump administration to inject up to 0 million into chip laser startup xLight

Trump administration to inject up to $150 million into chip laser startup xLight

The Trump administration has agreed to take a stake in xLight – a startup seeking to develop free-electron lasers as key to making faster computing chips. Avalon_studio | E+ | Getty Images The Trump administration has agreed to take a stake in xLight – a startup seeking to develop free-electron lasers viewed as key to making faster computing chips. The U.S. Department…

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The AI trade with ‘a lot of upside’, ‘not much downside’: Strategist

The AI trade with ‘a lot of upside’, ‘not much downside’: Strategist

Convertible bonds are a way to play bet on AI with less risk, according to one strategist. Schroders’ head of multi-asset income Dorian Carrell said convertible bonds were an asset class “people don’t talk about enough” and were up around 15% so far this year. “We think that’s an asymmetric AI story. Very high risk-return, very high components of supply chain and…

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