Despite exceeding analysts' expectations for its fourth-quarter earnings, Nvidia (NVDA) is facing selling pressure in Thursday’s session. This behavior may indicate that the market had already priced in the strong results or that concerns about the company’s future outlook persist despite solid numbers.
Nvidia closed the fourth quarter of 2024 with financial results exceeding Wall Street expectations, reinforcing its position as a leader in the semiconductor and artificial intelligence industries.
Donald Trump has never shied away from bold, headline-grabbing moves. His latest? The launch of a "Gold Card", a premium immigration pass that grants permanent U.S. residency—for those who can afford it.
Renowned YouTuber and entrepreneur MrBeast, also known as Jimmy Donaldson, has revealed a staggering financial loss from the production of his Amazon Prime Video series, Beast Games. Despite the show being one of Amazon’s most successful series debuts in 2024, Donaldson described it as “not a good financial decision.”
OpenAI, the company behind ChatGPT, has reached a new milestone, surpassing 400 million weekly active users in February. A company spokesperson confirmed the figures to Reuters on Thursday, highlighting the exponential growth in global adoption of artificial intelligence tools.
Apple is reportedly exploring the development of a new cryptocurrency wallet that could integrate directly into Apple Pay, potentially revolutionizing the way users interact with digital currencies.
German luxury carmaker Mercedes-Benz has announced a sweeping cost-cutting plan in response to dwindling sales and profit margins, forecasting a significant drop in earnings for 2025. The company aims to navigate an increasingly competitive market landscape, particularly in China and Europe, where demand has softened.
Elon Musk’s artificial intelligence company, xAI, has unveiled its latest flagship model, Grok 3, which it claims surpasses competitors, including OpenAI’s ChatGPT.
As the world shifts towards a cashless future, digital currencies are gaining traction. More than 90% of central banks globally are exploring the introduction of a central bank digital currency (CBDC) to complement existing banknotes, according to a report by the Bank for International Settlements (BIS).
DeepSeek has captured the attention of China’s AI landscape with its meteoric rise. However, Apple is reportedly taking a different route, teaming up with Chinese tech giant Alibaba to develop AI-powered features for iPhones sold in China, according to The Information.
Recent on-chain data indicates that Binance has liquidated a significant portion of its Bitcoin (BTC) reserves accrued through fees and trading activities. Despite this, all user balances remain fully backed in hot wallets and cold storage. However, Binance’s overall reserves have notably declined.
President Donald Trump announced that the United States will impose a 25% tariff on all steel and aluminum imports, including those from Canada and Mexico, with additional import duties expected later in the week.
The United Arab Emirates and Singapore are emerging as top destinations for the world’s affluent, drawing high-net-worth individuals (HNWIs) with their low taxes, political stability, and advanced infrastructure, according to Markelitics.
Bitcoin ATMs are now being installed across Costco stores in the United States, driven by the pro-crypto stance of President Donald Trump’s administration. This policy shift has enabled crypto ATM operators to expand their networks.
Dubai is set to redefine the global blockchain landscape with its ambitious 17-story Crypto Tower, offering approximately 46,000 square meters of rental space dedicated to Web3 innovation and development.
The price of gold has skyrocketed to new all-time highs, surging over 2% in the past three sessions and reaching $2,800 per ounce. This bullish momentum is fueled by escalating market uncertainty surrounding the potential onset of a new global trade war.
The recent escalation in President Donald Trump’s trade policies has sent shockwaves through both traditional financial markets and the cryptocurrency sector. By initiating a new trade war with Canada, Mexico, and potentially China, Trump has set in motion a series of economic ripples that are being felt far beyond traditional markets. According to Markelitics, these geopolitical tensions are fueling widespread volatility, particularly within the crypto space.
Liang Wenfeng, born in 1985 in Zhanjiang, southern China, is a pioneer in artificial intelligence. Raised in a family of teachers, he studied at Zhejiang University, earning a degree in electronic engineering in 2006 and a master’s in information engineering in 2010.
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