Nio stock crashes on weak outlook despite EV delivery surge: now what?
Nio stock price dropped below a crucial support level as demand for Chinese electric vehicle shares fell. It dropped to a multi-month low
Investing
Business
Coinbase-Backed Satori Finance to Shut Down Despite $134…
Why Is Satori Finance Closing? Satori Finance, a multi-chain decentralized exchange that raised $10 million from major crypto investors, is shutting down after
Investing
From startups to Big Tech, Nvidia’s rivals are multiplying: can it be dethroned?
The race to challenge Nvidia’s dominance in artificial intelligence chips is entering a new chapter, with startups attracting billions of dollars in funding,
Business
Fidelity Launches Stablecoin Reserve Fund Under GENIUS Act…
Why Is Fidelity Launching a Stablecoin Reserve Fund? Fidelity Investments is launching a money market fund designed for stablecoin issuers and institutional investors,
Investing
Dow falls 500 points as Trump’s Iran remarks send oil prices higher
US stocks opened lower on Wednesday after President Donald Trump said an interim agreement aimed at ending the conflict with Iran was “over,”
Investing
Celestica stock is up 125% in 12 months: more upside ahead?
Celestica stock has done well in the past few years, helped by the ongoing artificial intelligence (AI) boom. Its US stock has jumped
Business
Illinois Imposes 0.2% Tax on Bitcoin and Crypto…
Illinois Governor JB Pritzker has signed a new 0.2% tax on digital asset transactions into law, making Illinois one of the first U.S.
Investing
Plug Power stock sinks even as turnaround story builds, short interest hits 27.4%
Plug Power stock extended its sharp sell-off this week, falling to its lowest level since April 2. The shares have plunged 45% from
Business
Lagarde Reportedly Moved to Block Binance’s MiCA Approval…
European Central Bank President Christine Lagarde reportedly pushed Greek officials to block Binance’s application for approval under the Markets in Crypto-Assets regulation, raising
Investing
Bank of England warns AI could amplify market and cyber risks
The Bank of England has warned that artificial intelligence is emerging as a growing threat to financial stability, citing heightened market expectations, rising