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Nvidia, the GPU powerhouse, has joined Elon Musk’s xAI in a headline $20 billion funding round that blends equity, debt, and hardware financing. The deal pairs Nvidia cash with a commitment to supply the advanced processors xAI needs to scale Grok-2, Musk’s next large language model. Investors and rivals took notice because the arrangement ties…
Microsoft recently announced a significant change to its Xbox Game Pass subscription service. The company revealed a 50% price increase for the Ultimate tier, raising the monthly fee from $19.99 to $29.99. However, in response to customer feedback and regulatory considerations, Microsoft has decided to delay this price hike for existing subscribers in select countries….
In a bold move, POET Technologies secured US$75 million in a private funding round. That deal pushed its cash reserves above $150 million, giving investors a fresh reason to pay attention. We believe this is more than just a headline; it could mark a tipping point. With that much liquidity and no significant debt, POET…
Sysco Corporation will host a conference call and webcast on October 28, 2025, at 10 a.m. EDT to share its first quarter fiscal 2026 financial results. Ahead of the call, Sysco will release a press statement and a slide presentation via its Investor Relations website. After the live session, a replay will also be posted….
Futures in the United States opened slightly higher as traders parsed mixed signals from corporate earnings, economic data, and central bank chatter. At the same time, gold jumped to and briefly topped $4,000 an ounce, a record level driven by safe-haven demand and geopolitical uncertainty. This day’s moves reflect a tug of war between optimism…
In a dramatic turn for Lucid Motors, the electric-vehicle startup has posted its most successful quarter to date, driven by strong demand for its Gravity SUV and a sharp rush by buyers seeking to capture the vanishing U.S. EV tax credits. The combination of product momentum and policy deadline urgency gave the company a rare…
US stocks showed a mixed session as the U.S. government shutdown continued. Traders in New York and on Wall Street balanced risk appetite with caution. The lack of fresh government data muddied the Fed outlook, while sector rotation and earnings headlines set intraday tone. Investors looked to yields, corporate updates, and money flows for clues…
Hon Hai Precision Industry, the Foxconn group often linked to major tech supply chains, posted an 11% jump in quarterly sales as demand for AI server hardware picked up. The rise bolstered confidence that the AI boom is not just a chip story, but a full supply chain expansion that benefits producers of servers, subsystems,…
Bitcoin surged past the $125,000 mark in a dramatic rally, then pulled back and paused just below its all-time high. Traders called it a classic consolidation after a fast move. The bounce was driven by heavy ETF inflows, macro uncertainty, and falling exchange reserves. Now the market is catching its breath, as analysts sort through…
Applied Materials, a leading name in semiconductor equipment, recently made headlines. It now expects a $600 million revenue shortfall in fiscal 2026. That warning rattled investors and put the spotlight on export rules and China’s role in its business. We’ll dig into what’s happening, why it matters, and what may come next for Applied Materials….