The US has launched a new probe into legacy Chinese semiconductors due to concerns over non-market policies and practices that harm competition and create supply chain dependencies.

Source: https://search.cnbc.com/rs/search/combinedcms/view.xml?partnerId=wrss01&id=19854910

Google has announced a new quantum chip, Willow, that significantly reduces error rates in quantum computing and performs calculations at an almost incomprehensible speed. This development could impact the future of cryptocurrencies by changing how we perceive risk.

Source: https://search.cnbc.com/rs/search/combinedcms/view.xml?partnerId=wrss01&id=19854910

House Democrats claim that Republicans caved to Elon Musk's demands, leading to the failure of a bipartisan government funding bill that would have regulated US investments in China.

Source: https://search.cnbc.com/rs/search/combinedcms/view.xml?partnerId=wrss01&id=19854910

Elon Musk endorsed the far-right Alternative for Germany (AfD) party, stating 'Only the AfD can save Germany' on X.

Source: https://search.cnbc.com/rs/search/combinedcms/view.xml?partnerId=wrss01&id=19854910

Bitcoin fell 9% to $92,808.07, down from $102,000 the previous day, amid investor caution and a Federal Reserve signal of fewer interest rate cuts.

Source: https://search.cnbc.com/rs/search/combinedcms/view.xml?partnerId=wrss01&id=19854910

Tesla shares drop 5% as investors take profits from post-election rally; this follows an 8% slump on Wednesday, but the stock is still up nearly 76% in 2021

Source: https://search.cnbc.com/rs/search/combinedcms/view.xml?partnerId=wrss01&id=19854910

Amazon workers at seven facilities in four states went on strike on Thursday, demanding better benefits, higher wages, and safer working conditions. The Teamsters union organized the strike to pressure Amazon into negotiating a contract.

Source: https://search.cnbc.com/rs/search/combinedcms/view.xml?partnerId=wrss01&id=19854910

Micron shares plummeted 16% after the chipmaker issued disappointing second-quarter guidance, heading for their worst day since March 2020.

Source: https://search.cnbc.com/rs/search/combinedcms/view.xml?partnerId=wrss01&id=19854910

Micron shares dropped 13% after the company issued weak second-quarter guidance, despite beating earnings expectations. The chipmaker expects revenue of $7.9 billion and adjusted earnings per share of $1.43.

Source: https://search.cnbc.com/rs/search/combinedcms/view.xml?partnerId=wrss01&id=19854910

Tesla shares experienced a significant drop of over 8%, marking their largest decline since before the 2020 US presidential election. The stock closed at $440.13, but remains up by 75% since November 5th, 2021. This pullback occurred after the stock reached a new record high last week and continued to climb, reaching a closing high of $479.86 on the previous day. Analysts at Barclays, who have a hold rating and a $270 price target on the stock, noted that many investors are confused by the stock's performance, which appears disconnected from its fundamentals.

Source: https://search.cnbc.com/rs/search/combinedcms/view.xml?partnerId=wrss01&id=19854910