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"The ChatGPT moment for general robotics is just around the corner," Nvidia CEO Jensen Huang said in his keynote speech at CES.

The outlook on IPOs and M&A from Morgan Stanley's top tech banker. Plus, a chart on megadeals.

The irony of the crypto market is how much it falls when the economy is doing well. On Tuesday, a couple of important economic readings came in better than expected, and Bitcoin (CRYPTO: BTC) and other cryptocurrencies dropped on the news. As of 4:30 p.m. ET, Bitcoin was down 4.9% in the past 24 hours, Ethereum (CRYPTO: ETH) was off 7.4%, and Dogecoin (CRYPTO: DOGE) was down 8.9%.

HOUSTON (Reuters) -Exxon Mobil signaled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce its fourth-quarter earnings by about $1.75 billion from the prior quarter. Exxon's snapshot is closely watched for clues to how other oil majors will fare when they begin releasing results this month. Exxon is expected to post a profit of $1.76 a share for the fourth quarter, down from $2.48 a share, in the same quarter last year, according to financial firm LSEG.

Bitcoin fell sharply as labor data showed continued economic strength that could keep the Federal Reserve from further cutting interest rates.

Indexes rose Thursday. Nvidia traded slightly higher after Jensen Huang's CES keynote. Traders are eyeing key economic data later in the week.

(Bloomberg) -- Exxon Mobil Corp. said earnings took a hit from lower crude prices and narrowing refining margins during the final three months of 2024. Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can States Hit the Brakes on Runaway Roadbuilding?Don’t Shrink the BusOil prices lowered earnings at Exxon’s production division by about $700 million wh