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Tech - Page 46

Business/Crypto/Latest News/Tech

Global Markets React to Cryptocurrency Reserve Announcement and Trade Uncertainty

Markets opened the week with cautious gains as investors reacted to a range of economic developments, including a significant announcement regarding cryptocurrency reserves. The news triggered a surge in digital asset values,

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by Tim Ashour
March 3, 2025March 6, 2025
Business/Crypto/Latest News/Tech

Trump Announces Five Cryptocurrencies for U.S. Strategic Reserve, Triggering Huge Rally

In a major shift in financial strategy, five digital assets have been selected for inclusion in a newly proposed U.S. strategic reserve of cryptocurrencies. The announcement sent shockwaves through the crypto market,

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by David H. Shepardson
March 3, 2025March 3, 2025
Business/International/Latest News/Tech

DeepSeek Reveals Cost and Revenue Estimates for AI Models V3 and R1

Chinese AI startup DeepSeek has shared new insights into the financial performance of its popular V3 and R1 models, revealing a significant theoretical cost-profit ratio. However, the company cautioned that actual earnings

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by David H. Shepardson
March 2, 2025March 2, 2025
Business/Crypto/Latest News/Tech

Bitcoin ETFs Record First Inflow in Nine Trading Days Amid Rally to $86,000

After experiencing nine consecutive trading sessions of capital outflows, U.S. spot Bitcoin exchange-traded funds (ETFs) saw a shift in momentum with a notable inflow. This development coincided with Bitcoin’s price rebounding from

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by Mary Davenport
March 2, 2025March 2, 2025
Business/Crypto/Latest News/Tech

BlackRock Expands Bitcoin ETF Offering in Model Portfolios

BlackRock, the global investment management firm overseeing $11.5 trillion in assets, has integrated its Bitcoin exchange-traded fund (ETF) into its model portfolio product. This move, reported on February 28, is expected to

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by Mary Davenport
March 1, 2025March 1, 2025
Business/International/Latest News/Tech

JPMorgan CEO Defends Elon Musk’s DOGE Amid Criticism

JPMorgan Chase CEO Jamie Dimon has publicly expressed support for initiatives aimed at enhancing government efficiency, notably the Department of Government Efficiency (DOGE) led by Elon Musk. This endorsement comes as Dimon

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by Mary Davenport
February 27, 2025February 27, 2025
Business/International/Latest News/Tech

Nvidia’s Earnings Report Looms Amid AI Infrastructure Spending, DeepSeek Worries

Nvidia (NVDA) is set to release its highly anticipated fourth-quarter earnings report, with investors keenly watching its performance in the artificial intelligence (AI) sector. As the dominant force in AI chips, Nvidia

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by David H. Shepardson
February 26, 2025February 26, 2025
Business/International/Latest News/Tech

Tesla’s Market Cap Plunges Under $1 Trillion Amid European Sales Decline

Tesla, the leading electric vehicle (EV) manufacturer, has seen a sharp decline in its market valuation, falling below the $1 trillion mark. This comes as a result of decreasing sales in Europe

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by David H. Shepardson
February 26, 2025February 26, 2025
tesla model y china
Business/International/Latest News/Tech

Tesla Prepares to Roll Out Full Self-Driving (FSD) Features in China Amid Local Competition

Tesla is gearing up to launch its Full Self-Driving (FSD) technology in China, marking a major milestone in the company’s push to expand its autonomous driving capabilities globally. The long-anticipated rollout follows

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by Mary Davenport
February 25, 2025February 24, 2025
Business/International/Latest News/Tech

Palantir (PLTR) Stock Plunges 10% Amidst Investor Concerns and Fading Hype

Shares of Palantir Technologies (NASDAQ:PLTR) took a sharp hit on Monday, dropping 10% in a single trading session. This decline extends a broader downtrend, with the stock now down nearly 30% from

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by David H. Shepardson
February 24, 2025February 24, 2025
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