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Dell Technologies is poised for growth in the AI server market, receiving a "Buy" rating from UBS amid a strong financial outlook. As global AI regulations evolve, particularly in the U.S. and Europe, significant investments are being directed towards AI infrastructure, highlighting opportunities in sectors beyond semiconductors. Jon McNeill of Vistashares emphasizes the potential profits in the AI supply chain, particularly in memory, cooling, and fiber optics, as major tech companies continue to lead investments in data centers.
Ethan Peck has proposed that Meta convert a portion of its $72 billion cash reserves into Bitcoin to hedge against inflation, citing a 28% loss in cash value over time. Peck, representing his family's shares, argues that Meta's directors benefit from Bitcoin, questioning why shareholders shouldn't receive similar asset allocation strategies. Meanwhile, previous proposals for Microsoft and Amazon to adopt Bitcoin have faced resistance, with concerns over volatility and the companies' strong market positions.
Establishing a strategic Bitcoin reserve in the US could significantly boost Bitcoin adoption, surpassing the impact of upcoming ETF launches, according to CoinShares. The proposed Bitcoin Act aims to direct the Treasury to acquire 1 million BTC over five years, with support from President-elect Trump. This initiative could enhance Bitcoin's credibility among institutional investors and potentially drive its price past $1 million per coin, especially with anticipated institutional inflows and the approval of multiple spot BTC ETFs.
US stocks fell sharply on Friday, with the Dow dropping 697 points after a robust December jobs report diminished expectations for Federal Reserve rate cuts. The economy added 256,000 jobs, lowering the unemployment rate to 4.1%, which led to a surge in bond yields, with the 10-year Treasury yield reaching 4.79%. Economists now believe the Fed's cutting cycle may be over, citing a resilient labor market and persistent inflation risks.
Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs, a role expected to shape crypto regulation while fostering innovation and investor protection. Previously, Simon served as counsel to SEC Commissioner Hester M. Peirce, focusing on regulatory policies for crypto assets. His experience includes roles at the Department of Housing and Urban Development and as Banking Counsel for Senator Ben Sasse, where he advised on financial market regulations.
UBS has reiterated a Buy rating on Guardant Health, maintaining a $40 price target and naming it a top pick in Life Sciences & Diagnostic Tools. Analyst Dan Leonard highlighted the promising potential of the Shield test for colorectal cancer screening, with anticipated revenue growth and expanded Medicare reimbursement for the Reveal test expected in 2025. Guardant Health's recent partnership with Boehringer Ingelheim and impressive 29.2% revenue growth over the past year further bolster its positive outlook.
The Consumer Financial Protection Bureau (CFPB) has proposed a rule that could hold crypto wallet providers accountable for hacks, extending protections under the Electronic Fund Transfer Act (EFTA) to digital wallets. If enacted, users would be able to dispute unauthorized transactions, while providers would bear the responsibility for losses, even in cases of user negligence. Critics argue this could impose excessive burdens on wallet providers and stifle innovation in the crypto space, with public comments on the proposal accepted until March 31, 2025.
The U.S. Senate Banking Committee, under Chairman Tim Scott, is set to establish its first cryptocurrency subcommittee, with Senator Cynthia Lummis as the likely chair, pending a vote. This initiative aims to enhance regulation of the digital assets industry and follows the House's passage of the Financial Innovation and Technology for the 21st Century Act, which emphasizes consumer protections. Republican members selected for the subcommittee include strong crypto advocates, while the participation of Democratic leaders remains uncertain.
As Donald Trump prepares to assume office, the U.S. Consumer Financial Protection Bureau has proposed new regulations for stablecoin issuers and wallet providers, aiming to apply the Electronic Fund Transfer Act to digital tokens. This initiative, which could reshape the crypto landscape, faces uncertainty as Trump may appoint a new CFPB chief who could alter or rescind the proposal. Consumer advocates support the move, while critics argue it inadequately addresses decentralized finance and self-hosted wallets.
New Hampshire and North Dakota have introduced legislation for a Strategic Bitcoin Reserve, aiming to diversify state treasuries with digital assets. New Hampshire's bill, led by Rep. Keith Ammon, refers to "digital assets" without explicitly naming Bitcoin, while North Dakota's proposal has garnered 11 sponsors. The push for Bitcoin reserves has gained momentum following Donald Trump's promise to make the U.S. a crypto capital, though opinions on the likelihood of such a reserve materializing vary among industry leaders.
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Dell Technologies poised for growth in AI server market and investment opportunities
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