President Donald Trump‘China’s government is likely to take stakes in more companies as a result of China’s latest rare earth export restrictions,’ says finance minister Scott Bessant said Wednesday. Bersent told CNBC said it “wouldn’t be surprised” if the US bought shares in other companies, but only in strategic sectors. “When we get an announcement […]
The stock market was mixed on Tuesday as tensions between the US and China escalated. President Donald Trump accused China of an “economically hostile law” regarding soybean purchases, leading to a decline in major indexes. The Dow Jones Industrial Average gained almost 0.4% to close at 46,270.46, while the S&P500 fell by about 0.2% to […]
On Tuesday, Cathie Hout-led Ark Invest significant transactions involving DraftKings Inc. (NASDAQ:DKNG), Rocket Lab Corp (NASDAQ:RKLB), and DoorDash Inc. (NASDAQ: DASH). The DesignKings Trade The ARK Innovation ETF (BATS:ARKK) fund bought 236,289 shares of DesignKings on Tuesday. With DraftKings shares closing at $34.36, the transaction is valued at approximately $8.12 million. The move comes as […]
Broadcom Inc. (NASDAQ:AVGO) has unveiled the world’s first Wi-Fi 8 silicon ecosystem, marking a quantum leap in wireless technology designed to power the AI-powered edge. The solution is built to meet the performance and efficiency needs of AI-driven networks. Broadcom’s Wi-Fi 8 silicon marks a major step forward in delivering reliable, fast, low-latency connectivity. Using […]
Tesla Inc (NASDAQ:TSLA) reported strong third-quarter deliveries that exceeded analyst expectations, but a new report shows demand for one of its electric vehicles has fallen significantly. • TSLA shares are rising with conviction. Follow the action here. What happened: Tesla is seeing an uptick in demand in many parts of the world, including China, and […]
Shares of NioCorp Developments Ltd (NASDAQ:NB) rose sharply in pre-market trading after the company posted its preliminary unaudited financial results for the three-month period ended September 30. NioCorp Developments had a record cash balance of $162.8 million on its consolidated balance sheet as of Sept. 30 and posted a net loss of $42.7 million, or […]
Metaplatforms Inc. (NASDAQ:META) has adopted Andreas Tullochco-founder of By Mira Murati You start Thinking Machine Labmarking another major addition to the CEO ranks Mark Zuckerbergs aggressive effort to close the gap in advanced artificial intelligence. Meta’s billion-dollar bid wins over Tulloch Tulloch left Thinking Machines Lab to join Meta after receiving a compensation package that […]
Leading cryptocurrencies rose alongside stock futures on Sunday night after the presidential election Donald Trump This indicated a possible de-escalation of trade tensions between the US and China. Cryptocurrency Profit +/- Price (recorded at 9:35 PM ET) Bitcoin (CRYPTO: BTC) +4.91% $115,716.67 Ethereum (CRYPTO:ETH) +11.68% $4,169.24 XRP (CRYPTO:XRP) +8.76% $2.53 Solana (CRYPTO: SOL) +13.90% $198.53 […]
There has been a ceasefire in Gaza between Israel and Hamas since Sunday. This comes as President of the US Donald Trump heads to Israel, with plans for the release of hostages on the horizon. “The war is over,” Trump says On Sunday, Trump said the war in Gaza was over and that the Middle […]
From China’s crackdown Nvidias Ouch chips Google’s controversial AI tool for healthcare, the tech industry was buzzing this week with developments that could shape the future of technology. Here’s a quick summary of the top stories. China is cracking down on Nvidia’s AI chips China has reportedly initiated an extensive customs crackdown on Nvidia Corporation’s […]