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Economy

Nexthop AI raises $500M at $4.2B valuation

Artificial intelligence infrastructure startup Nexthop AI has raised $500 million. The investment round, led by Lightspeed Venture Partners with participation from Andreessen Horowitz

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Economy

These are 4 AI chip stocks Citi wants you buying now

The AI infrastructure buildout isn’t slowing down, and Wall Street knows it. Citi analysts went through the semiconductor landscape after the latest earnings

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Economy

Nio swings to profit as premium SUVs, cost cuts drive turnaround

Chinese electric vehicle maker Nio has reported its first quarterly profit since launching operations, marking a major financial milestone after years of losses.

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Economy

US stocks open flat after Trump’s comments calm nerves

US stocks traded mostly unchanged on Tuesday as investors monitored volatile oil prices and closely followed developments in the escalating conflict involving Iran.

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Economy

Oracle’s massive AI cloud bet draws scrutiny after $50B financing push

Oracle reported its third-quarter earnings on Tuesday, with investors treating the results as an important signal for the artificial intelligence trade. The company

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Economy

DIA targets $100B DeFi gap with new oracle for illiquid digital assets

DIA, a blockchain oracle network serving over 250 decentralized applications across more than 60 blockchains, has taken aim at a long-standing pricing problem

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Economy

Why Europe’s energy bill is crushing euro and fueling dollar demand?

For a brief stretch earlier this year, the euro traded comfortably above $1.20. Investors were talking up Europe’s defence spending plans, big-ticket infrastructure

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Economy

Commodities wrap: oil plunges as Trump signals Iran war end, gold rally

Crude oil has had a dramatic couple of days with prices hitting a more than three-year high on Monday, and plummeting 7% to

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Gold

Crude pares gains on reports of G7 SPR release

Oil prices pulled back from the highs hit earlier on Monday on reports claiming that the Group of Seven will discuss the possible

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Gold

Nasdaq explores tokenized stock trading with Kraken partnership

Nasdaq is moving deeper into blockchain-based finance through a partnership with crypto exchange Kraken aimed at developing infrastructure for tokenized stock trading. The

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