1. Home
  2. Tag "business"

Bitcoin Retreats to $115000 as Inflation Jitters Spark $500M Crypto Sell-Off

Oliver Bennett
0
0
6
The cryptocurrency market kicked off the week on a volatile note, with more than half a billion dollars in leveraged positions wiped out amid renewed macroeconomic worries. Bitcoin slipped 2% to $115,255 after briefly plunging to $114,706, just days after setting a new all-time high of $124,496. Ether also pulled back 4% to $4,283, retreating […]

Bitcoin Soars as Trump Greenlights Crypto Access in 401(k) Retirement Plans

Gold Steadies as Traders Brace for Key U.S. Inflation Numbers

Oliver Bennett
0
0
11
Gold prices inched higher on Tuesday, recovering slightly from the previous session’s steep drop, as investors kept their eyes on upcoming U.S. inflation data that could influence the Federal Reserve’s interest rate path. Spot gold rose 0.2% to $3,349.13 per ounce by 0904 GMT, while U.S. gold futures for December delivery held steady at $3,398.90. […]

Gold Surges to 5-Week Peak as Dollar Weakens, Trade Uncertainty Sparks Investor Rush

Citi Predicts Brent Crude Could Slide to Low-$60s by Year-End Amid Market Softening

Oliver Bennett
0
0
9
Analysts at Citibank expect Brent crude prices to drift toward the low $60 per barrel range before the year closes, pointing to signs of a cooling market. As of Wednesday afternoon, Brent futures traded at $66.53 per barrel, down 36 cents, while U.S. West Texas Intermediate (WTI) slipped 38 cents to $63.97.The bank noted that […]

Oil Prices Rebound on U.S. Demand Strength Despite Sanctions Uncertainty

Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

Oliver Bennett
0
0
15
U.S. President Donald Trump has suggested he may allow Nvidia to sell a reduced-performance version of its cutting-edge Blackwell AI chip to China. Speaking at a press briefing on Monday, Trump hinted at a possible deal if Nvidia could limit the chip’s capabilities by around 30% to 50%. He also mentioned an upcoming meeting with […]

Nvidia CEO Eyes Return to Advanced Chip Sales in China as Export Curbs Ease

Bitcoin Nears Record Peak, Ethereum Smashes $4K as Market Eyes Next Big Rally

Oliver Bennett
0
0
17
Bitcoin has inched closer to its historic high following a sharp overnight surge, while Ethereum climbed to price levels last seen in 2021. At last check, Bitcoin was trading around $118,981.86, showing stability after touching higher levels earlier in the day. Ethereum held firm at $4,256.90, just after breaking above $4,000 on Friday — its […]

Eric Trump Predicts $1M Bitcoin as Trump Family Expands Crypto Empire Across Asia

Bullish Ups IPO Target to Nearly $1B, Eyes $4.8B Valuation Amid Crypto Market Momentum

Oliver Bennett
0
0
7
Bullish, the cryptocurrency exchange backed by billionaire investor Peter Thiel, has increased the size of its upcoming initial public offering. The company now plans to raise approximately $990 million by offering 30 million shares priced between $32 and $33 each, valuing the firm at about $4.8 billion, according to a recent filing with the U.S. […]

Bitcoin Soars as Trump Greenlights Crypto Access in 401(k) Retirement Plans

Trump Reverses Course, Praises Intel CEO Lip-Bu Tan Days After Calling for His Resignation

Oliver Bennett
0
0
34
Just days after demanding the resignation of Intel’s chief executive, President Donald Trump has now lauded Lip-Bu Tan as a “success,” marking a dramatic shift in tone. On Monday, Trump revealed that he and his cabinet met with Tan, alongside Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent. “The meeting was a very interesting […]

Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

AI Turbocharges Big Tech’s Ad Revenue, While Smaller Players Struggle to Keep Pace

Oliver Bennett
0
0
20
Artificial intelligence has become a major catalyst for digital advertising growth, propelling industry giants like Meta and Alphabet to deliver quarterly sales and earnings that exceeded market forecasts. Meta CEO Mark Zuckerberg credited AI for driving “greater efficiency and gains across our ad system,” helping push second-quarter revenue up 22% year-over-year to $47.52 billion. Meta […]

How Huawei Rose from Telecom Player to China’s AI Powerhouse

SoftBank’s Masayoshi Son Bets Big on AI, Aiming to Shape the Future of Technology

Oliver Bennett
0
0
19
Masayoshi Son is placing what may be the most ambitious wager of his career — transforming SoftBank into a global leader at the heart of the artificial intelligence revolution. Son predicts that artificial superintelligence (ASI) — technology 10,000 times more intelligent than humans — could arrive within the next decade. Known for high-stakes moves, such […]

How Huawei Rose from Telecom Player to China’s AI Powerhouse

Amazon Crosses 100-Satellite Milestone After Weather-Delayed Kuiper Mission

Oliver Bennett
0
0
11
Amazon successfully launched another set of internet-delivering satellites into orbit on Monday using a SpaceX Falcon 9 rocket, overcoming multiple delays caused by unfavorable weather. This marks the fourth mission under Project Kuiper, bringing Amazon’s total number of satellites in orbit to 102. The Falcon 9 took off from Cape Canaveral, Florida, at 8:35 a.m. […]

Amazon Acquires Bee AI to Supercharge Alexa with Wearable Voice Assistant Tech