Finance News Archives | Page 113 Of 198

Applied Digital shares rip 40% higher on CoreWeave AI lease agreement

Vcg | Visual China Group | Getty Images Shares of Applied Digital rose more than 40% after the company said it signed two long-term lease agreements with CoreWeave for artificial intelligence data centers. Nvidia-backed CoreWeave climbed more than 7% following the announcement. Financial terms of the two agreements were not provided, but Applied Digital said […]

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Neuralink competitor Paradromics completes first human implant

Finance News

Dr. Matthew Willsey working in the operating room. Courtesy of the University of Michigan Neurotech startup Paradromics on Monday announced it has implanted its brain-computer interface in a human for the first time. The procedure took place May 14 at the University of Michigan with a patient who was already undergoing neurosurgery to treat epilepsy.

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DoorDash CEO Tony Xu is taking on the role of industry consolidator in food delivery

Finance News

Tony Xu, co-founder and CEO of DoorDash Inc., smiles during the Wall Street Journal Tech Live conference in Laguna Beach, California, on Oct. 22, 2019. Martina Albertazzi | Bloomberg | Getty Images During the depths of the Covid pandemic, with restaurants around the country facing an existential crisis, DoorDash CEO Tony Xu had an unconventional

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Saylor’s bitcoin buying strategy is ‘exploding’ globally, but Wall Street is skeptical

Finance News

LAS VEGAS — The bitcoin treasury play that lifted Strategy’s market cap past $80 billion is now being mimicked by meme stock companies, media firms, and multinational conglomerates. But Wall Street isn’t buying all the hype. This week, Trump Media announced plans to raise $2.5 billion to buy bitcoin, and GameStop revealed a $500 million

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Stablecoins stole the show at Bitcoin 2025 — here’s what the major players said

Finance News

Bitcoin 2025 brought together thousands of investors, builders, and believers for a showcase of crypto’s next chapter. MacKenzie Sigalos LAS VEGAS — At the world’s largest bitcoin conference this week on the Vegas Strip, the most consequential story wasn’t about bitcoin. Stablecoins, the dollar-pegged digital tokens now driving a full-scale financial and political shift in

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Zscaler jumps 8% on strong results fueled by AI growth

Finance News

Zscaler rings the opening bell at the Nasdaq exchange in New York, March 16, 2018. Source: Nasdaq Zscaler shares jumped 8% Friday after reporting stronger-than-expected results in the third fiscal quarter driven by artificial intelligence and widespread adoption of its zero-trust security platform. “The proliferation of AI in all aspects of business is increasing the

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SEC drops Binance lawsuit, ending one of last remaining crypto enforcement actions

Finance News

Jakub Porzycki | Nurphoto | Getty Images The SEC has formally dropped its lawsuit against Binance and founder Changpeng Zhao, bringing an end to one of the last remaining crypto enforcement actions brought by the agency. In a Thursday filing in the U.S. District Court for the District of Columbia, lawyers for the SEC and

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Musk’s SpaceX town in Texas warns residents they may lose right to ‘continue using’ their property

Finance News

The neighborhood once known as Boca Chica Village is seen near the SpaceX facilities where they build rockets in Brownsville, Texas, on May 3, 2025. Gabriel Cardenas | AFP | Getty Images Starbase, Texas, has notified some residents that they might “lose the right to continue using” their property as they do today, according to

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Musk-Altman AI rivalry is complicating Trump’s dealmaking in Middle East

Finance News

Sam Altman, CEO of OpenAI, is seen through glass during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, Feb. 11, 2025. Aurelien Morissard | Via Reuters Elon Musk tried to derail a major artificial intelligence infrastructure deal in the Middle East after learning that his startup, xAI, would be excluded

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Meta and Anduril defense startup partner on VR, AR project intended for U.S. Army

Finance News

Palmer Luckey, Founder @ Oculus VR Andutil Industries, during day two of Collision 2019 at Enercare Center in Toronto, Canada. Stephen McCarthy | Sportsfile | Getty Images Meta and Anduril, the defense-tech startup founded by Palmer Luckey, announced Thursday that they’ve formed a partnership to create virtual and augmented reality devices intended for use by

Meta and Anduril defense startup partner on VR, AR project intended for U.S. Army Read More »

Applied Digital shares rip 40% higher on CoreWeave AI lease agreement

Neuralink competitor Paradromics completes first human implant

DoorDash CEO Tony Xu is taking on the role of industry consolidator in food delivery

Saylor’s bitcoin buying strategy is ‘exploding’ globally, but Wall Street is skeptical

Stablecoins stole the show at Bitcoin 2025 — here’s what the major players said

Zscaler jumps 8% on strong results fueled by AI growth

SEC drops Binance lawsuit, ending one of last remaining crypto enforcement actions

Musk’s SpaceX town in Texas warns residents they may lose right to ‘continue using’ their property

Musk-Altman AI rivalry is complicating Trump’s dealmaking in Middle East

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