Romain Costaseca | Afp | Getty Images Bitcoin edged higher on Tuesday as stocks fell and gold shot to a new record. The price of so-called digital gold rose as much as 2% to reclaim the $111,000 level after dropping over the weekend to a low last seen in July. Spot gold hovered around $3,500 […]
Bitcoin bucks stock market downtrend but lags gold rally Read More »
The Klarna Bank AB logo appears on a smartphone screen in this illustration photo in Reno, United States, on December 30, 2024. Nurphoto | Nurphoto | Getty Images Swedish fintech firm Klarna is looking to raise up to $1.27 billion in its long-awaited U.S. initial public offering, according to an official filing out on Tuesday.
Klarna aims to raise up to $1.27 billion in U.S. IPO Read More »
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. Qilai Shen | Bloomberg | Getty Images Alibaba‘s Hong Kong listed shares surged more than 19% on Monday as the Chinese tech giant’s cloud computing unit drove strong quarterly results, while details emerged over its new AI chip development.
Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip Read More »
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024. CFOTO | Future Publishing | Getty Images Hong Kong-listed shares of Alibaba Group Holdings surged as much as 18.84% Monday, thanks to its better-than-expected bottom line in the June quarter, fueled by accelerated sales at its cloud-computing unit and a continued revival
Alibaba’s Hong Kong shares jump nearly 19% as AI boom drives cloud unit sales Read More »
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Two of Elon Musk’s companies sued Apple and OpenAI on Monday, accusing the pair of an “anticompetitive scheme” to thwart AI rivals. The lawsuit, filed by
Musk companies sue Apple, OpenAI alleging anticompetitive scheme Read More »
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters It’s been two years since the explosion of generative artificial intelligence started to transform Nvidia’s business. Since then, the chipmaker’s revenue has more than tripled and profits have quadrupled. Nvidia‘s second-quarter earnings report,
Nvidia faces Wall Street’s high expectations two years into AI boom Read More »
Jakub Porzycki | NurPhoto | Getty Images Ether rose to a new record over the weekend, after hitting an all-time high Friday for the first time since 2021. The price of the second largest cryptocurrency rose as high as $4,954.81 on Sunday afternoon. It was last higher by less than 1% at $4,776.46. Meanwhile, bitcoin
Ether rises to a fresh record, bitcoin erases gains from Jackson Hole rally Read More »
SpaceX is valued at around $400 billion and is critical for U.S. space access, but it wasn’t always the powerhouse that it is today. Elon Musk founded SpaceX in 2002. Using money that he made from the sale of PayPal, Musk and his new company developed their first rocket, the Falcon 1, to challenge existing
How the U.S. space industry became dependent on SpaceX Read More »
Sanjay Beri, chief executive officer and founder of Netskope Inc., listens during a Bloomberg West television interview in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Cloud security platform Netskope will go public on the Nasdaq under the ticker symbol “NTSK,” the company said in an initial public offering filing Friday. The
Cybersecurity firm Netskope files to go public on the Nasdaq Read More »
Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel shares rose about 6% on Friday after Bloomberg reported that the Trump administration is poised to announce that the U.S. government will
Intel stock rises as Trump says chipmaker has agreed to sell stake to government Read More »
