Nvidia Corp (NASDAQ: NVDA) is in focus on Wednesday after Jensen Huang, its chief executive, said the AI darling has lost nearly half of its market share in China due to the Trump administration’s new export controls.In a press conference at Computex, he went on to call those restrictions a…
Crypto stocks will likely continue doing well this year as demand for Bitcoin rises. Bitcoin price has already jumped to a record high of over $11,000, while odds of it rising above $150,000 have risen to 47% from a low of 11% in April. This article looks at some of…
Worldcoin (WLD) has joined the ongoing crypto rally despite regulatory challenges that have hindered growth for the iris-scanning digital asset project.While Bitcoin explores historic highs above $110K, WLD exhibits a bullish structure, catalyzed by the latest sale of $135 million worth of tokens by World Foundation’s subsidiary World Assets.Notably, early…
OpenAI will acquire io, the secretive artificial intelligence hardware startup co-founded by former Apple design chief Jony Ive, in a landmark all-stock transaction valued at nearly $6.5 billion. The move is OpenAI’s most significant acquisition to date and signals a determined push into developing physical consumer devices powered by AI.The…
European stock markets commenced Thursday’s trading session on a decidedly negative note, with major indices across the continent slipping into the red shortly after the opening bell. This broad-based downturn was accompanied by company-specific news, including a wider first-half loss for budget airline EasyJet and a notable stock downgrade for…
Emerging market stocks are once again at the center of investor interest, driven by growing disillusionment with US assets and a renewed search for growth abroad. The shift comes as Moody’s recent downgrade of the US credit outlook and a spike in Treasury yields have shaken confidence in the strength…
Zoom Video stock price wavered after the company published its first-quarter earnings on Wednesday. ZM shares retreated to $72.50, down from this week’s high of $75.97. It remains about 16.6% below the year-to-date high of $87.20 and higher than the low of $57.37.Zoom Video’s business is slowingZoom Video has lost…
A wave of risk aversion swept through Asia-Pacific financial markets on Thursday, with most major indices closing sharply lower. The downturn mirrored a significant sell-off on Wall Street, as investor sentiment soured dramatically amid mounting fears that a new US budget bill could substantially exacerbate the country’s already substantial debt…
A recent transfer of over $237 million worth of XRP has raised concerns within the crypto community, following its detection by Whale Alert approximately 16 hours ago. The substantial transfer did not result in any price fluctuation, sparking speculation that the token may be facing underlying market inefficiencies. Despite the…
The Blockchain Futurist Conference, one of several Web3 events held in Toronto during Canada’s fifth annual Crypto Week, dove into the industry’s potential and the regulatory gaps that might stall progress. Across a slew of keynote panels and conversations, industry insiders kept coming back to a similar conclusion: Web3 is…