NVIDIA Corp (NVDA) has halted plans to participate in a proposed $100 billion investment round for OpenAI, signaling a significant rupture in what could have been one of the largest strategic partnerships in the history of artificial intelligence. At the heart of the discussions was a non-binding Letter of Intent (LOI) reached in September between … Read more
The iShares Silver Trust (SLV) suffered its worst day on record, plunging 28% in a brutal sell-off that rippled across global precious-metals markets. The historic collapse came as silver prices unraveled from parabolic highs, triggering widespread profit-booking, forced liquidation, and margin calls amid a sudden shift in U.S. monetary policy expectations following Kevin Warsh’s emergence … Read more
Binance, the world’s largest cryptocurrency exchange, has announced major changes to its Secure Asset Fund for Users (SAFU). The company will convert stablecoin holdings in the $1 billion emergency reserve into bitcoin (BTC) within the next 30 days. SAFU is a security reserve designed to protect Binance users from losses due to unforeseen events such … Read more
Solana (SOL) takes a dip today, as stocks fall 5.11% over the past 24 hours, extending its weekly losses to over 8.54%. This move comes amid a sharp risk-off shift across markets, with equities and crypto both getting rekt. The sell-off is based on a combination of Long-Term Holder (LTH) distribution, technical breakdowns, and fading … Read more
Apple’s revenue hit a record of $143.8 billion, driven by a surge in iPhone sales in China. The company’s Q1 earnings came out yesterday, beating Wall Street estimates and driving the share price high in the aftermarket. The stock price climbed as high as $266 and then dropped to $259, where it consolidated, marking a … Read more
Mastercard Inc. (NYSE: MA) shares moved higher on Thursday after the payments giant disclosed a $200 million restructuring charge, a move investors interpreted not as a sign of weakness, but as a strategic realignment aimed at accelerating long-term growth. Mastercard Incorporated (MA) closed at $543.73, up $22.36, or 4.29%. The announcement came alongside a strong … Read more
Meta plans to focus on capital expenditure this year, spending about $115 to $135 billion on AI. Mark Zuckerberg, CEO of Meta, revealed this in the company’s fourth-quarter earnings report. The amount accounts for nearly twice what Meta had spent on capex last year when the company revamped its AI unit. Meta’s Remarkable Growth This … Read more
XRP, the Ripple-linked cryptocurrency, came under sharp selling pressure over the past 24 hours, plunging roughly 7% and triggering heavy losses for bullish traders. The sudden downturn wiped out an estimated $70 million in XRP long positions, underscoring how quickly sentiment can reverse in an already fragile crypto market. At press time, XRP was trading … Read more
Apple’s revenue hit a record of $143.8 billion, driven by a surge in iPhone sales in China. The company’s Q1 earnings came out yesterday, beating Wall Street estimates and driving the share price high in the aftermarket. The stock price climbed as high as $266 and then dropped to $259, where it consolidated, marking a … Read more
Real-world asset (RWA) tokenization platform Securitize Holdings has filed a public registration statement with the U.S. Securities and Exchange Commission (SEC), announcing plans to go public through a merger with blank-check company Cantor Equity Partners II (CEPT). In the Wednesday filing, the company also reported that its total revenues for the first nine months of … Read more
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