Tag: Technology

GE Vernova, a spinoff of General Electric, is on a mission to deploy small nuclear reactors globally over the next decade. The company's small modular reactor, the BWRX-300, is designed to reduce the cost...

Bitcoin's price has been on a remarkable journey in November, with a nearly 40% increase that has brought it close to the $100,000 mark. This surge in price can be attributed to a variety...

Geopolitical tensions are on the rise globally due to recent events in the Baltic Sea involving the cutting of undersea cables that are vital for international internet connectivity. The incident has sparked concerns of...

Shares of major global semiconductor equipment companies saw a significant increase on Thursday following reports that the U.S. is considering imposing sanctions on China's chip industry that may not be as strict as previously...

Generative artificial intelligence (GenAI) technology has been making waves in Silicon Valley, promising exciting new gadgets and gizmos for consumers. However, the reality is that many of these devices have not lived up to...

Unusual Machines, a small U.S. drone and drone component maker, experienced a significant surge in its share price of over 90% in premarket trading following the announcement that Donald Trump Jr. had joined its...

OpenAI, a leading AI startup, is making headlines with its recent $1.5 billion investment from SoftBank, allowing employees to sell their shares in a new tender offer. This move will give SoftBank a larger...

Elon Musk's platform, X, has recently implemented new terms of service that have caused some users to leave the microblogging platform. These new terms include permissions for the company to use user data to...

Bitcoin has hit a new all-time high, surging past the $99,000 level for the first time. This increase comes as investors are speculating on the possibility of a second term for Donald Trump as...

NVIDIA CEO Jensen Huang recently shared his insights on the future of artificial intelligence (AI) and its impact on energy consumption and production at an event in Washington, DC. Following a successful quarter where...

Comcast is making a big move by spinning off its cable network channels, according to sources familiar with the matter. This separation process is expected to take around a year, with an official announcement...

Financial technology unicorns are closely watching the recent move by Klarna to file for a U.S. IPO, despite not being in a rush to follow suit. Klarna's decision to go public has sparked speculation...

Super Micro Computer Inc., a server manufacturer, has recently appointed BDO as its new auditor in an effort to regain compliance with the Nasdaq exchange. This decision comes after the company fell behind in...

Warner Bros. Discovery has decided to end its pursuit of owning a package of live NBA games in the U.S. for the 2025-26 season and beyond. This decision comes after settling all legal disputes...

Chinese tech giant Tencent is making strides in the cloud service industry by utilizing its WeChat super-app ecosystem to provide unique offerings to clients. Tencent Cloud CEO Dowson Tong highlighted the company's focus on...

European Space Startup Raises $160M for Reusable Astronaut CapsuleA European space startup called The Space Exploration Company (TEC) has successfully raised $160 million to further develop its innovative reusable capsule named Nyx. This capsule...

After a challenging year for the restaurant industry, executives are eagerly anticipating the arrival of 2025. Despite a significant increase in restaurant bankruptcies and a decline in year-over-year traffic throughout 2024, there are signs...

President-elect Donald Trump announced on Saturday that Liberty Energy CEO, Chris Wright, will be the next energy secretary of the United States. Liberty Energy, based in Denver, is an oilfield services company with a...

McDonald's is investing over $100 million to help recover from the recent E. coli outbreak linked to their slivered onions. The fast-food chain plans to support franchise owners who suffered losses by investing $65...

Space stocks have been on a surge recently, with many companies experiencing significant gains. This increase in stock value is being attributed to what analysts are calling the "Trump-Elon trade," referencing the relationship between...

Palantir Technologies, a software developer for the military, has seen a remarkable increase in its shares, which rose by 11% to an all-time high after announcing plans to move its listing from the New...

Bitcoin's price surged to nearly $90,000 on Monday night, breaking its previous record high of $80,000. According to Coin Metrics, the cryptocurrency was trading at $89,100, up 12% from its previous level. Earlier in...

General Motors is shining brighter than its competitors this year as it consistently exceeds Wall Street's earnings predictions. The Detroit-based automaker has seen a 54.7% increase in its stock value, outperforming well-known rivals like...

Bitcoin's price surged past $82,000 on Monday, marking a new high in the ongoing rally of cryptocurrencies following Donald Trump's victory in the election. The price of bitcoin reached $80,000 for the first time...

Bitcoin's price has hit new highs, reaching nearly $81,000, and futures premiums are rising, indicating that investors anticipate further gains. Open interest in bitcoin surpassing $90,000 has exceeded $2.8 billion on the Deribit exchange,...

Bitcoin and other cryptocurrencies are on a surge, reaching new heights in the market. Bitcoin, the flagship cryptocurrency, hit an all-time high of $80,000, while Ether also saw a significant increase, surpassing the $3,000...

Elon Musk, the CEO of Tesla and SpaceX, recently showed support for the idea of allowing presidents to have influence over Federal Reserve policy. This endorsement came in response to a social media post...

Jack Dorsey, one of the co-founders of Twitter, made waves in the crypto world during the summer of 2021 with his ambitious plans for his company, Square. He announced the formation of a new...

Elon Musk recently appeared on stage alongside former President Donald Trump at a rally in New York, which sparked a surge in Tesla's stock price. Following Trump's victory in the U.S. presidential election, Tesla's...

Warner Bros. Discovery announced on Thursday that their streaming platform, Max, gained 7.2 million new subscribers globally in the third quarter. This growth marked the largest increase in subscribers for the platform since its...

Bitcoin has surged to an all-time high of $75,000 as Donald Trump secured key wins in swing states, causing the cryptocurrency market to react with excitement. The price of Bitcoin reached this record level...

Coinbase CEO, Brian Armstrong, has recognized the importance of engaging with policymakers in Washington, D.C. as the crypto industry grows. In recent years, Coinbase has increased its political involvement, with the company becoming one...

Palantir Technologies CEO, Alex Karp, recently shared some exciting news during an interview at the FoundryCon event in Palo Alto, California. The company's stock saw a significant surge of 13% in after-hours trading following...

Zambia's copper industry is experiencing a significant boom, fueled by advanced AI-driven exploration technology. This surge in copper reserves is poised to meet the increasing global demand for electric vehicles and renewable energy sources....

Alphabet, the parent company of Google, exceeded earnings expectations for the second fiscal quarter. This was mainly due to the strong performance in the digital advertising business and the Cloud segment. For the first...