From a strategy being dubbed “balance sheet as a service” to Nvidia itself being described as the central bank of artificial intelligence, the chipmaker’s growing role in financing the AI ecosystem is attracting more attention from investors. Nvidia has transformed itself from a semiconductor company into one of the most important financial backers of the
As governments and regulators around the world intensify scrutiny of social media’s impact on children, Meta’s landmark US settlement marks a major shift in how technology companies may be held accountable for the way their platforms are designed and used. Meta has agreed to overhaul parts of Instagram and Facebook in the United States and
Federal Reserve Chair Kevin Warsh signaled that the US central bank may need to do more to contain inflation, arguing that recent improvements in price data have not provided enough evidence of a sustained slowdown. In his first speech as Fed chair at the Kansas City Fed’s annual Jackson Hole symposium, Warsh said the central
Bitcoin has rallied approximately 40% from its July low near $57,800, renewing expectations that the cryptocurrency may have established a market bottom after several months of consolidation. BTC was trading near $80,200 on Aug. 27. However, the recovery has brought the cryptocurrency back into a major resistance zone that previously preceded a sharp sell-off. Technical
Meta Platforms could turn its aggressive investment in artificial intelligence infrastructure into a significant new source of revenue if it chooses to sell some of its excess computing capacity to external customers, according to Evercore ISI. The social media company is targeting 14 gigawatts of total compute capacity by 2027 as it rapidly expands its
Injective price has climbed 45.7% over the past seven days and 10.9% in the last 24 hours to trade near $5.95, with regulatory progress, tokenised asset products and an upcoming INJ buyback supporting the rally. According to Injective, the main catalyst came on Aug. 19 when Injective Institutional Services secured registration with the US Securities
Rolls-Royce share price has wavered in the past few days as the recent momentum stalled. It has dropped to 1,502p, down from the year-to-date high of 1,584p. While the company has some positive catalysts, several risks may drag it in the near term. Rolls-Royce Holdings business is doing well RR stock has been one of
Crypto tokens associated with President Donald Trump are plunging this weekend as his approval rating sinks to a new low. Official Trump (TRUMP) meme coin dropped to $2.488, down by 32% from its highest level on Saturday. WLFI and TRUMP tokens have slumped Similarly, the WLFI token dropped to $0.057, down sharply from the weekend
On Friday, Samsung Electronics outlined a potential record shareholder payout as AI-memory demand boosts cash generation. Bitcoin extended its strongest weekly rally in more than two years. Oil prices climbed as fresh US sanctions threats against Iran raised concerns about further supply disruptions. Gold also surged to a more than three-month high as Treasury buybacks
The Dow Jones Industrial Average rose nearly 1% on Friday as US stocks recovered from a sharp sell-off in the previous session, while investors continued to monitor elevated Treasury yields, oil prices and tensions in the Middle East. The S&P 500 and Nasdaq Composite also gained, although all three major indexes ended the week lower