By Jeannine DeFoe Updated on March 10, 2025 Unicorns & Startup News The rapid pace of AI innovation isn’t limited to the largest firms with $10 billion-plus valuations, such as OpenAI, Anthropic and Scale AI. The recent release of DeepSeek AI’s chatbot showed that not all AI breakthroughs are coming from the largest or most well-funded firms. …
Bitcoin treasury pioneer MicroStrategy’s upbeat financial results Wednesday night has invigorated Wall Street about the direction of its unique crypto bet. The fourth quarter was “one for the record books,” said Canaccord Genuity’s Joseph Vafi. The company, which will now be known as Strategy, announced its name and logo change along with the results. During the quarter, it made its …
Electing a pro-cryptocurrency president was more than most investors ever thought possible. Almost three months after the election, however, the initial euphoria is fading and turning to alarm for those who worry that President Trump’s own moves into crypto could be sowing the seeds of the next crypto winter. Just last month, Trump dropped the “only …
Crypto has become a ‘money grab’ since latest Trump-fueled rise of meme coins Read More »
President Donald Trump on Thursday night officially established the widely anticipated U.S. strategic bitcoin reserve, fulfilling a major re-election campaign promise to the crypto industry. The market didn’t seem to care much, however. Cryptocurrencies have recovered most of their initial losses after a quick drop following the news. Bitcoin was hovering at $88,000, the same level at traded …
With rising incomes and a willingness to spend, Generation Z could have a profound impact on the economy and the market. The cohort’s global income levels are expected to increase from $9 trillion in 2023 to $36 trillion around 2030 and $74 trillion by 2040 — the largest of all generations, Bank of America said …
Gen Z’s wealth effect will shape the economy over time — here’s who will benefit Read More »
Chinese tech companies raced to launch new products in a week that saw Beijing double down on its calls to support artificial intelligence. An obscure Chinese startup that goes by the name Monica on Wednesday announced an invite-only AI application called Manus that claims to streamline analysis of resumes and financial information using several models from companies such as …
China needs to boost its tech sector more than ever. How to play it Read More »
Recent pullbacks in Amazon and Goldman Sachs may provide a golden opportunity for investors, according to Jay Woods of Freedom Capital Markets. The firm’s chief global strategist appeared on CNBC’s “Power Lunch” on Thursday, offering his takes on some of the day’s biggest market stories. Here is what he had to say during “Three-Stock Lunch.” Amazon Shares of the …
Buy the dip in these two ‘best-in-class’ names, strategist Jay Woods says Read More »
Some of the biggest artificial intelligence plays have sold off dramatically during the recent market turmoil, and here’s how to trade them right now according to Quint Tatro, founder and president of Joule Financial. Tatro broke down his views on Nvidia, Snowflake and Palantir on Friday on CNBC’s “Three-Stock Lunch.” Nvidia Nvidia has fallen 12.7% …
How to use market volatility to trade popular AI stocks such as Nvidia and Palantir Read More »
Alibaba shares surged after the Chinese behemoth revealed a new reasoning model it claims can rival DeepSeek’s global blockbuster R1. Hong Kong-listed shares of Alibaba ended the Thursday session up 8.39% — hitting a new 52-week high — with the company’s New York-trading stock fell about nearly 1%. Alibaba shares have gained nearly 71% in Hong Kong in …
Alibaba shares soar after Chinese tech giant unveils new DeepSeek rival Read More »
For seven straight weeks, since Elon Musk went to Washington to join the Trump administration, shares in his automaker have declined, closing Friday at $270.48. It’s the longest such losing streak for Tesla in its 15 years as a public company. Tesla shares finished the week down more than 10% and at their lowest level since Nov. …
Tesla shares have declined every week since Elon Musk went to Washington Read More »
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