Latest Updates Around The World
US stocks were mixed, with the Dow Jones Industrial Average gaining more than 150 points on Wednesday. Shares of Toro Co (NYSE:TTC) rose sharply in Wednesday’s session after better-than-expected quarterly results. Toro reported quarterly profit of 91 cents per share, which beat analysts’ consensus estimate of 87 cents per share. The company reported quarterly revenue […]
Cabin 8 Corp. (NASDAQ:HUT) Shares rose on Wednesday after the company announced a long-term lease deal that solidifies its position in the fast-growing AI data center market. The company has signed a 15-year lease worth $7.0 billion Fluid stack for 245 megawatts of IT capacity at the River Bend data center campus in Louisiana. The […]
Sam Altman-led OpenAI will bring the former British Chancellor George Osborne to a leading global role as changing US-UK technology relationships and intensifying competition over AI infrastructure reshape the international landscape. Osborne will head the global AI initiative Osborne will lead the “OpenAI for Countries” initiative, which aims to help governments improve their AI capabilities. […]
One of OpenAI’s largest data center partners, with whom it recently signed a multi-year, multi-billion dollar deal, is coming under increasing pressure amid increasing attention to the same deal. The share in question is Oracle Corp. (NYSE:ORCL)which, after soaring to dizzying heights a few months ago, thanks to its $300 billion deal with OpenAI, has […]
Vision Marine Technologies Inc. (NASDAQ:VMAR) Stocks are trending Wednesday. View the current price of VMAR shares here. Shares of the Canadian company fell 13.43% to $0.84 in after-hours trading on Tuesday. Dilution offer leads to sell-off Vision Marine Technologies on Monday filed with the Securities and Exchange Commission an amended Form F-1 registration statement, which […]
Donald Trump’s son-in-law, Jared Kushner’s private equity firm, Affinity Partnersreportedly leaves the fight to acquire Warner Bros. Discovery (NASDAQ:WBD). Affinity Partners leaves the Paramount-backed bid Earlier this month, Paramount Skydance Corp (NASDAQ:PSKY) launched a $108 billion hostile bid for Warner Bros. Discovery. They leveraged the backing of Affinity Partners and Middle Eastern sovereign wealth funds. […]
Former Secretary of State Hillary Clinton pushed back against the Trump administration’s proposed rule change at the Consumer Financial Protection Bureau, which it warned could roll back important federal protections that prevent discrimination in lending. Reminiscent of style lending discrimination before the 1970s On Monday, in a post on “Now the Trump Administration wants to […]
For months, the U.S. labor market has been sending mixed signals, cooling in some places and holding steady in others, leaving investors unsure whether the slowdown is orderly or whether something more vulnerable is forming beneath the surface. That uncertainty comes to a head this week. On Tuesday, the Bureau of Labor Statistics will release […]
Zillow Group Inc (NASDAQ:Z) (NASDAQ:ZG) shares are facing heavy selling pressure on Monday amid reports to that effect Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) test real estate listings in search results. What you need to know: Several social media posts over the weekend highlighted new homes for sale showing up in Google search results. Global real estate […]
Bitcoin fell below $90,000 on Monday morning as investors scale back risk ahead of key macro events this week, including jobs and inflation data. Bitcoin ETFs saw net outflows of $49.2 million on Friday, while Ethereum ETFs reported net outflows of $19.4 million. Bitcoin is facing crucial resistance Crypto analyst Michael van de Poppe noted […]
