Business

May 23, 2024

Nvidia doubles down on AI future as stock market cap tops $2.5T

Semiconductor leader Nvidia remains steadfast in its artificial intelligence (AI) pursuits, achieving remarkable financial success with record-breaking revenues of $26 billion in the first quarter.   […]

‘Asia’s MicroStrategy’ Metaplanet smashes all other Japanese stocks

Japan-based investment firm Metaplanet has surged 158% in the past week, emerging as the top gainer among all Japanese stocks, with its share price soaring to […]
May 22, 2024

Apple disputes monopoly claims, cites ‘fierce competition’ in court

In a letter preceding its motion to dismiss a United States antitrust lawsuit, Apple has asserted that it does not hold a monopoly position and contends […]
May 17, 2024

Reddit shares jump after-hours on OpenAI data-sharing deal

Reddit’s stock soared by 11% in after-hours trading following the announcement of a data-sharing agreement with OpenAI, the creator of ChatGPT, an artificial intelligence chatbot.   […]
May 03, 2024

Block shares see after-hours bump as Q1 results top estimates

Fintech firm Block has exceeded Wall Street analyst revenue and earnings forecasts in its first-quarter results, leading to a surge in its shares after-hours.   Q1 […]
April 30, 2024

Elon Musk’s X to remove likes and reposts from timeline within ‘weeks’

The social media platform X is considering removing likes and reposts from view on the timeline, as revealed by a software engineer at X.   According […]

Apple poaches Google AI staff, creates ‘secretive’ laboratory: Report

Apple has been aggressively recruiting experts from Google to strengthen its artificial intelligence (AI) and machine learning capabilities. According to a Financial Times (FT) report on […]
April 27, 2024

Custodia Bank takes case to higher court after March setback

Custodia Bank has filed a notice of appeal with the United States Tenth Circuit Court of Appeals, contesting a ruling from March that denied its bid […]

Republic First Bank closed by US regulators — crypto community reacts

United States regulators have shut down Philadelphia-based Republic First Bank, marking the nation’s first banking failure of 2024. This development has ignited discussions within the crypto […]

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