Rubrik Inc. shares jumped as much as 25% in its trading debut after the cloud and data security startup backed by Microsoft Corp. raised $752 million in its initial public offering. Tweet onRead More
A rally in tech heavyweights lifted the broader stock market, with the group’s high-stakes earnings seen by Wall Street investors as a major test of the bull run in equities. Tweet on techRead More
Hong Kong financial regulators have officially approved Spot Bitcoin and Ethereum ETFs to begin trading on April 30th. Specifically, Bloomberg analysts revealed the in-kind creation ETF model for BTC and ETH is setRead More
As part of the 2022 Chips and Science Act, the Commerce Department is spending $11 billion to boost US leadership in research and development. The hope is to create the next generation ofRead More
The company’s shares are weathering the longest rout since late 2022, tumbling nearly 20% over the past seven days, amid doubts about its business strategy as sales of electric vehicles slump. Tweet onRead More
Apple’s second-quarter results are scheduled for release next week, and BofA is largely positive on the prospects, with “services revenue growth and margins to remain strong.” However, it cautioned that “the demand environmentRead More
Perplexity’s valuation has doubled in three months in a clear sign of investor enthusiasm for the company’s artificial intelligence chatbot. Tweet on Preplexity Ai startup Perplexity AI, a startup using AI to buildRead More
Halving is done and now the preprogrammed code update cuts daily production to 450 Bitcoin Which means the miners stand to lose billions of dollars in revenue a year The modification went intoRead More
Having entered the year predicting the greenback would decline, investors have been forced into a rethink by a red-hot US economy and sticky inflation requiring the Federal Reserve to hold off cutting interestRead More
The startup, Nominal, has raised more than $27 million from some of Silicon Valley’s top firms while operating in stealth for two years. The existence of Nominal, its investors, and customers, hasn’t beenRead More
