OpenAI and Nvidia back $100B Stargate AI project in UAE
The United Arab Emirates is set to become a central player in global artificial intelligence infrastructure as tech...
Category: Politics
Palo Alto Networks post-earnings decline: a short-term setback for long-term gains?
Investors are taking a cautious stance on Palo Alto Networks Inc (NASDAQ: PANW) this morning, even though the...
Hong Kong passes stablecoin bill, licensing mandatory for token issuers
The Hong Kong government passed the stablecoin bill, which marks the beginning of licensing for stablecoin issuers. The...
Google’s smart glasses bet with Warby Parker could also benefit this other eyewear maker
Google’s renewed push into the smart glasses market through new partnerships with Warby Parker and luxury fashion group...
Canada’s inflation dips to 1.7% in April, but core prices signal ongoing pressure
Canada’s annual inflation rate fell to 1.7% in April from 2.3% in March, owing primarily to a sharp...
Brazil’s central bank flags Stablecoins as growing threat to capital flow stability
Brazil’s central bank has raised concerns about the rapid rise in the use of US dollar-backed stablecoins for...
Valuation concerns cloud D-Wave Quantum stock as QBTS launches Advantage2
D-Wave Quantum Inc (NASDAQ: QBTS) rallied as much as 30% this morning after the launch of its most...
JPMorgan cuts Netflix rating, citing balanced risk-reward post-rally; stock falls
Shares of Netflix fell over 2.3% in premarket trading Monday after JPMorgan downgraded the streaming giant to “neutral”...
EU-UK strike landmark deal covering security, trade, travel
Britain and the European Union on Monday unveiled a landmark agreement that promises to revive cooperation across defence,...
Should Klarna IPO remain on watch list after sharp increase in Q1 loss?
Klarna is in focus this morning after reporting a rather steep year-on-year increase in its quarterly loss to...