Robinhood Halts 24 Hour Trading after Intense Market Volatility
Robinhood may have taken this decision to halt trading to avoid an anxiety surge amongst traders and to mitigate the volume of losses that they incur.
AI in Spotlight as Google and Microsoft Earnings Prove
The success of both Google and Microsoft reflects a broader trend across the tech industry, where AI is becoming a key catalyst for innovation and profitability.
AI Computing Is on Pace to Consume More Energy than India, Arm Says
Arm sees AI as a key driver to its growth. The company stated in an earlier report that its AI proposition differs from other notable players.
Bitcoin Market Cap Overtakes Silver, Eyes Gold’s Crown
The recent surge in Bitcoin price, which saw a 2.6% increase in the past 24 hours, can be attributed to the success of spot Bitcoin ETFs.
Nvidia’s Strong Q4 2024 Earnings Spark Rally for AI Tokens
The recent rally in AI tokens has been also fueled by notable breakthroughs in the AI space.
Solana Mobile Chapter 2 Bags $45M for Development from 100K Pre-orders
By offering unique capabilities centered around cryptocurrencies, Solana aims to carve out a niche that sets it apart from traditional smartphone manufacturers.
S&P 500 Hits New Record Close as Market Awaits Wall Street Earnings and Fed Decision on Interest Rates
By Tolu Ajiboye
While all three major indexes rose, the S&P 500 hit a new record barely a week after setting a previous one.
Hedera to Allocate 4.86B HBAR to Bolster Ecosystem Growth
The HBAR Foundation and Hashgraph Association are slated to receive their grants in the first quarter of this year.
Dow Records 158 Point Rise on Thursday as Economic Data Shows General Improvement
By Tolu Ajiboye
There was a general rise in the Dow, S&P 500 and Nasdaq Composite indexes following hints that the Fed policy would favor the general market.
Alphabet and Amazon Are Top Picks for 2024, Says JPMorgan as It Bets on Mega-Cap Tech Rally
JPMorgan chosen Amazon and Alphabet stocks as the most probable front-runners for 2024.
OpenAI Rival Mistral AI Set to Raise Funds from a16z and Others at $2B Valuation
With a valuation of $2 billion within its first year, Mistral’s rapid ascent reflects the tech industry’s unwavering optimism regarding the future potential and profitability of AI businesses.
Apple Faces Class Action Lawsuit over Undue P2P Payments Power Play
This lawsuit adds to Apple’s recent antitrust challenges. In September, a US judge ruled that payment card issuers could sue Apple over alleged anti-competitive practices related to its Apple Pay mobile wallet.
Alphabet Divest Stake in Robinhood as Crypto Trading Faces Headwinds
Alphabet’s decision to completely divest from Robinhood raises questions about the tech giant’s confidence in the long-term viability of the once-burgeoning fintech darling.
Stocks Rally after Fed Interest Rates Decision, BTC Price Tests $35,000 Level
By Tolu Ajiboye
There was a recorded rally among several stocks as the Federal Reserve decided that it would leave interest rates untouched.
Magnificent Seven Stocks Lose $280 Billion as Crypto Market Spikes
By Tolu Ajiboye
The crypto market’s largest assets have noted significant increases even as giant Magnificent Seven tech stocks plunged yestereday.