“What is said in the room stays in the room.” That’s the unwritten rule of diplomatic talks.But the US President has a different approach. He posts about it. A lot.In the past two weeks, as American and Iranian delegations worked through Pakistani mediators to put a formal peace framework in…
The European Union has partnered with financial institutions to launch the Global Green Bond Initiative Fund, aiming to mobilise up to €20 billion ($23.43 billion) in private capital for sustainable infrastructure projects in low- and middle-income countries.The initiative reflects the EU’s broader push to expand climate-focused financing while supporting economic…
Palantir stock price is stuck in a bear market after falling by over 32% from its highest point last year. PLTR was trading at $140 on Friday as investors wait for the upcoming earnings report, which will provide more color on its growth momentum and help to justify its valuation. The…
Google is set to invest $10 billion in Anthropic, with the potential to commit an additional $30 billion tied to performance targets, reported Bloomberg.Anthropic said the initial investment values the company at $350 billion, matching its valuation from a February funding round.The deal also includes support for a significant expansion…
Shares of Oracle fell on Friday after reports that the company canceled a large hardware order, even as analysts maintained a bullish outlook on its long-term position in artificial intelligence infrastructure.The stock declined about 3.4% following reports that Oracle scrapped an order for 300 to 400 Nvidia GB300 NVL72 racks…
Microsoft (NASDAQ: MSFT) is extending gains on April 24 after “Big Short” investor Michael Burry revealed a new position in the tech titan amidst ongoing AI-driven pressure on tech stocks. This high-profile endorsement arrives only days before MSFT is scheduled to post its Q3 earnings. Consensus is for the behemoth…
Investors are bailing on Skillz (NYSE: SKLZ) on Friday morning despite the company securing a monumental $420 million jury verdict in its high-stakes litigation against Papaya Gaming.The federal jury in Manhattan ruled that Papaya had engaged in systematic false advertising by using “bots” in its skill-based games, misleading players into…
Shares of Eli Lilly came under pressure on Friday after early prescription data for its newly launched weight-loss pill suggested a slower rollout compared with rival Novo Nordisk’s competing product.According to data from healthcare analytics firm IQVIA, Lilly’s Foundayo recorded 3,707 prescriptions in the US during its second week on…
Shares of Nvidia surged on Friday, putting the stock on track for a record closing high as renewed optimism around artificial intelligence demand rippled across the semiconductor sector. The rally was partly fuelled by strong earnings from Intel, which reassured investors about the durability of demand for advanced computing hardware.Nvidia’s…
Shares of X-Energy Inc. surged in their market debut on Friday, opening sharply above their initial public offering price after the company raised more than $1 billion in an upsized offering that drew strong investor demand.The Rockville, Maryland-based nuclear energy firm priced its IPO at $23 per share, above the…