How Nvidia is funding the AI boom with billions in global startups
Nvidia has quietly transformed itself from the world’s dominant maker of artificial intelligence chips into one of the sector’s most powerful financiers, pouring tens of billions of dollars into startups…
Tesla enters UK electricity market with Ofgem power supply approval
Tesla is expanding its presence in the British energy sector after receiving permission to supply electricity directly to homes and businesses across Great Britain. Approval from the UK energy regulator…
Dow futures fall as oil nears $100, Iran war fuels inflation fears
US stock index futures moved lower on Thursday as a renewed surge in oil prices heightened inflation concerns and forced investors to reassess expectations for interest rate cuts from the…
Bumble stock jumps 23% after earnings beat, AI revamp plans
Shares of Bumble jumped sharply in premarket trading on Thursday after the dating app operator reported stronger-than-expected quarterly results and outlined an artificial intelligence-driven overhaul of its platform aimed at…
CoreWeave stock price forms dreadful patterns as key risks persist
CoreWeave stock price remains in a technical bear market after falling from a record high of $186 in June last year to the current $81. This retreat may continue in…
South Korea turns to AI to track crypto profits ahead of digital asset tax
South Korea is preparing to strengthen oversight of cryptocurrency trading as authorities move closer to implementing a long-delayed tax on digital asset gains. The country’s tax authority plans to deploy…
Adobe stock down 18% YTD before Q1 earnings: can AI spark rebound?
Adobe heads into its first-quarter earnings report later on Thursday with its stock down roughly 18% so far this year.Amid booming valuations in the AI space, Adobe’s stock below average…
US stocks crash at open: Dow slips 500 points, S&P down 1%
US stocks declined Thursday as oil prices extended their rally amid escalating conflict involving Iran and growing concerns about disruptions to global energy supplies.The Dow Jones Industrial Average dropped 547…
BlackRock doubles down on crypto with Ethereum staking ETF launch
BlackRock is widening its presence in digital asset markets with the launch of a new exchange traded product tied to Ethereum staking.The asset manager on Thursday introduced the iShares Staked…
Nutrien stock slowly forms cup & handle as fertilizer prices rise
Nutrien stock price has staged a strong comeback, reaching its highest point since September 2022. It jumped to $82, up by 100% from its lowest point during the pandemic, with…