INTEL: Berkshire Hathaway doubles its stock buybacks to $9.6 billion in a quarter as operating profit falls

Operating profit fell 5.8% to $12.7 billion as insurance underwriting profit dropped 43%

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INTEL: All seven Magnificent Seven stocks ask to stay off the planned OKX-ICE tokenized shares venue

Apple and Meta were the last two to object, completing the full set of the biggest US tech companies

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INTEL: Trump reportedly offers UFC's Dana White the White House press secretary job | Per Axios

The role has been vacant since Katie Zacharia left five days into the job

Update:
White has declined the offer, CNN reports

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INTEL: US urges coordinated action against North Korean cyber threats after Binance hack

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INTEL: Democrats voted against stopping crypto pump-and-dump schemes, Senator Lummis says

Democrats had asked for new market manipulation rules that the House bill never had, and the Clarity Act adds them, Lummis says

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INTEL: US and Iranian forces trade fire in the Strait of Hormuz with explosions reported across southern Iran

Iran reportedly launched anti-ship ballistic missiles at US Navy vessels in the Arabian Sea. Tasnim says the Qeshm Island explosions are not linked to missile attacks

Updates
• Iranian TV says air defenses activated at Khamir Port, north of Qeshm Island
• Airstrikes reported in Bandar Abbas and Qeshm Island tonight
• UKMTO reports incident involving bulk cargo vessel near Khor Fakkan UAE

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INTEL: EU sets up crypto task force to stop Russia dodging sanctions with digital assets

The task force is expected to run for 12 months with support from Ukraine and the UK. It will target networks tied to A7A5, the ruble-backed stablecoin

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INTEL: OKX may freeze funds sent from MEXC after FinCEN special measures, founder Star warns

OKX is applying a level of caution similar to financial sanctions, and related accounts may face further investigation

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INTEL: Anthropic strikes $3.4 billion deal for gas-fired power to run its data centers | Per FT

The agreement lets Anthropic generate its own electricity for its AI data centers

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INTEL: Trump blames election results for $3 trillion one-day stock market loss

He vows the US will come back "bigger and stronger than ever before."

Updates
• Trump tells supporters not to fear midterm setback, says America will come back stronger

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INTEL: Democrats move to block Trump’s $1.5 trillion military budget

The proposed budget would represent a massive increase in US military spending, making the battle over Pentagon funding one of the biggest fiscal fights ahead

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INTEL: Democrats prepare to dismantle Trump’s tariff regime after sweeping midterm victory

Tariffs on Canada are among their first targets, but Trump's veto power and the Senate's 60-vote threshold could block the effort

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INTEL: Iran threatens to "rain down hell" on US if White House chooses war, foreign minister says

Araghchi says Iran's 2-day proposal still stands, but only if the US meets its requirements including an end to war on all fronts

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INTEL: Trump says renewed attacks on Iran are highly unlikely if talks show progress

Updates
• Trump says Iran's inflation hit 301% and calls Iran a failed state

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INTEL: About 20% of Keplr wallets using Google and Apple logins affected, co-founder estimates

Web3Auth says it frontran hackers by moving $5.6 million out of the exposed wallets

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INTEL: Qatar reportedly proposes deal to lift US naval blockade of Iran and reopen the Strait of Hormuz

The plan reportedly also caps Iran's enrichment at 3.67% and frees $6 billion to $10 billion in frozen assets. Iran would open the strait only after IAEA inspectors enter the country

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INTEL: Nvidia $NVDA board launches independent probe into reported Intel targeting of CEO Jensen Huang

The board says it has no reason to believe secrets or US national security were compromised and reaffirms confidence in Huang, who is fully cooperating with the review

Updates
• Board says it found no signs of national security breach or compromised company secrets
• Huang confirms affair in employee letter and pledges to earn back confidence
• Huang reportedly admits relationship with alleged Chinese spy
• NYT reports Rubio oversaw State Department memo on Huang's alleged Chinese intelligence ties
• Nvidia says Huang will remain CEO without interruption

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INTEL: $1 billion liquidated from the crypto market in 10 minutes

Bitcoin falls under $74,000 while Ether drops under $2,125

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INTEL: Binance, Tether and Trump’s crypto companies face congressional records demands as Democrats prepare to take control

Sen. Richard Blumenthal has given Binance, Tether, World Liberty Financial and Fight Fight Fight LLC until Jan. 4 to hand over records, a day after Democrats take control of Congress and he is expected to gain the power to compel documents

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INTEL: China extends pause on its 24% tariffs on US imports until January 10 | Per Chinese government

Beijing keeps its 10% tariff in place and also extends the suspension of port fees on US vessels to January 10, 2027

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INTEL: Binance says claim of 336 million users' data leaked is likely a scam

The seller, linked to hacking group ShinyHunters, is asking $900,000 for data said to include emails, passwords, IDs and wallet private keys. Binance found no evidence its systems or customer data were breached

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