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Alibaba, Google roll out new robotics team, foldable phones with new focus on AI
Alphabet’s Google and China’s Alibaba have both unveiled new initiatives that show wider application of artificial intelligence beyond the virtual world of software to the physical world of devices an...
Gemini expands to Australia to tap growing crypto market
US cryptocurrency exchange Gemini is set to broaden its operations in Australia with the launch of a locally registered entity, while taking a cautious approach to proposed laws that could expand regu...
ASML, Applied Materials stocks dip as US panel implicates role in China chip sales
The shares of ASML and Applied Materials experienced a dip after the U.S. House committee report accused semiconductor equipment companies of boosting China’s semiconductor industry and indirectly sup...
AMD’s deal with OpenAI gives Nvidia much-needed challenger in market it dominates
Nvidia’s grip on the AI chip market just got its first real threat. After ruling over more than 90% of the GPU market used for AI, the company now faces a serious challenger; AMD. On Monday, AMD annou...
Fed minutes confirm that Powell and board plan to cut rates 2 more times this year
According to minutes released Wednesday, the Federal Reserve will push ahead with two more interest rate cuts before the year ends, with Jerome Powell and the board almost entirely united on the decis...
The S&P 500 closed at a record 6,753.72 and the Nasdaq hit 23,043.38 on Wednesday.
The S&P 500 shattered its own record on Wednesday, ending the day at 6,753.72, its highest close ever. The Nasdaq Composite also broke records, closing at 23,043.38, as tech stocks rebounded from Tues...
Russia raised oil output in September to 9.368 million barrels per day but still missed its OPEC+ target by 47,000 barrels
Russia turned the taps up in September, pumping out 9.368 million barrels of crude per day, Bloomberg reported, but still didn’t meet its OPEC+ quota. That production jump, a sharp 193,000 barrels per...
Best Cryptos to Buy as Bitcoin (BTC) Targets $130,000 Next After ATH Milestone
Bitcoin (BTC) has recently broken it’s all-time high, with analysts now predicting a rise to $130,000. However the savviest investors are already looking to the next great phenomenon beyond BTC. Atten...
Bitwise CIO predicts that inflows into Bitcoin ETFs this year would exceed last year's $36 billion total
Bitwise Asset Management is refusing to revise the optimistic forecast it made about the amount of funds that U.S. spot Bitcoin exchange-traded funds (ETFs) would attract this year. Bitwise Chief Inve...
Saint-Petersburg Exchange launches Bitcoin futures trading
Saint-Petersburg Exchange (SPB), a major stock market in Russia, is now hosting futures trading for contracts based on the value of Bitcoin and BRICS assets. The exchange began preparations to provide...
General Motors replaces lost $7,500 EV credit with $6,000 lease support
General Motors (GM) has ended a program that was built to keep its dealers offering a $7,500 federal tax credit on electric vehicle leases beyond the September 30 cutoff. Instead, the company announce...
Nvidia stock rose 2% after CEO Jensen Huang said AI computing demand has surged in the last six months
Nvidia stock surged by 2% on Wednesday after CEO Jensen Huang said the demand for AI computing has grown at an explosive pace this year. Speaking live on CNBC’s Squawk Box , Jensen explained, “This ye...
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