The S&P 500 has enjoyed an impressive eight-day rally, fueled by robust earnings from tech giants like Microsoft and Meta Platforms. These companies have significantly invested in artificial […]
Bitcoin Soars Amid Tech Earnings, Attracting Investors Seeking Risk-on
Bitcoin saw a significant surge in value this week driven by increased risk appetite fueled by tech giants’ earnings reports, known as the ‘Magnificent 7.’ This trend highlights […]
Stock Market Soars on Tech’s Positive Earnings Surprise
This week saw a surge in the stock market driven by strong earnings reports from Microsoft and Meta. The Nasdaq jumped 1.4%, the S&P 500 gained 1%, and […]
Wall Street Rebounds as Microsoft and Meta Beat Earnings Estimates
Wall Street saw a surge Wednesday night after tech giants Microsoft and Meta Platforms delivered strong earnings reports, reversing early market weakness caused by weak GDP data and […]
Meta Doubles AI Investment to $72 Billion by 2025
Tech giant Meta Platforms, under CEO Mark Zuckerberg’s leadership, has doubled its investment in artificial intelligence infrastructure to reach a target of $72 billion by 2025. This strategic […]
U.S. Stock Market Plunges as GDP Contraction Triggers Negative Trading
The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all experienced notable drops in response to the U.S. economy contracting in the first quarter, signaling a challenging […]
Trump Media Launches Utility Token and Digital Wallet to Enhance User Experience
Trump Media and Technology Group, backed by former U.S. President Donald Trump, announced plans for a utility token and digital wallet designed for its Truth+ streaming service on […]
Stocks Rise Ahead of Major Earnings Reports
Stock markets opened higher on Monday as investors awaited key earnings reports from the tech sector’s ‘Magnificent Seven.’ The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite […]
AI Startup Boom: OpenAI Alumni Drive New Wave of Innovation
A new wave of AI startups, spearheaded by former OpenAI employees known as the ‘OpenAI Mafia,’ is rapidly gaining traction in Silicon Valley. These ventures, including Safe Super […]
Elon Musk Raises $20 Billion for xAI, Aims to Revolutionize AI
Elon Musk’s xAI Holdings is seeking a massive $20 billion funding round, poised to become the third-largest private fundraising in startup history. This ambitious endeavor, recently completed through […]
AI Talent Concerns Rise as Researcher’s Green Card Denial Sparks Debate
The denial of Kai Chen, a Canadian AI researcher at OpenAI, of his US green card raises concerns about the talent retention landscape within the United States and […]
White House AI Plan Sparks Public Interest as Global Competition Intensifies
Over 10,000 public comments have been received by the White House in response to their proposed AI action plan. This highlights the growing national attention on artificial intelligence […]
Charles Hoskinson Raises Doubts About Ethereum’s Long-Term Viability
Ethereum’s future is facing scrutiny, with leading cryptocurrency expert Charles Hoskinson questioning its long-term survival. His critique focused on the network’s architecture and governance models, claiming they are […]
AI Data Centers: $200 Billion Price Tag & Power Crunch Threaten 2030 Growth
The rise of artificial intelligence is transforming the world beyond computer code, demanding a physical foundation of advanced data centers to fuel its growth. A new study reveals […]
Tech Sector Drives Stocks Higher: Third Consecutive Day of Gains
U.S. equities closed higher on Thursday, boosted by significant gains in mega-cap technology companies as investors navigated mixed signals regarding global trade policy between the White House and […]