NVIDIA Execs Cash Out, Stock Drops 6% in One DayAmid a 6% plunge in a single day, NVIDIA CEO and other executives' stock sales have been pointed out as fueling investor anxiety.
Bitcoin Bonanza: MicroStrategy's Massive $780 Million Purchase Shocks Market“This man is the real deal.” According to foreign media reports on the 21st, U.S., corporate software company MicroStrategy recently issued convertible bonds (CB) to purchase an additional $780 million worth of Bitcoin. They made this purchase as Bitcoin prices fell below $65,000. MicroStrategy is famous for its Bitcoin debt investment. According to the U.S. […]
US Pushes for Tougher Controls on Investments in Chinese SemiconductorsUS has proposed a new rule that essentially bans Americans from investing in Chinese companies in the advanced technology sector.
Google Pumps $2.3 Billion Into Ohio Data Hub: What's Next for Tech?On the 18th, Google announced it would be investing an additional $2.3 billion to support three data center campuses located in central Ohio.
Steve Cohen Not ‘Betting’ on AI—He’s Investing $1 Billion!Steve Cohen is set to launch an artificial intelligence investment fund influenced by the rally of AI-related stocks such as NVIDIA.
Wall Street Guru: Why Apple's AI Push Could Make You RichSteve Eisman, a well-known Wall Street fund manager and the real-life protagonist of The Big Short, ...
Warren Buffett Dives into Lithium: New Venture with Occidental PetroleumWarren Buffett announced a partnership with Occidental Petroleum to produce battery-grade lithium.
Microsoft's $3.2 Billion Nordic Bet: AI and Cloud Expansion Across ScandinaviaMicrosoft has been working to promote the adoption of AI not just in Sweden but across all of Northern Europe.
How Cathie Wood Let Billions Slip Away with Early NVIDIA SaleCathie Wood has drawn attention due to claims she missed out on a nearly $723 million profit by selling all her shares last year in NVIDIA.
Cathie Wood Bets Big on Elon Musk's Latest AI VentureCathie Wood has bet on xAI, an artificial intelligence (AI) startup founded by Elon Musk. She has al ...
Why Google's Choosing Finland for Its AI ExpansionGoogle is planning additional investments in its data center in northern Europe—Finland. On the 20th, ...
Warren Buffett's Latest Gamble: $6.7 Billion Invested in Insurance GiantBerkshire Hathaway has been secretly buying stocks of the casualty insurance company Chubb since the third quarter...
Why Michael Burry is Ditching Tech for Gold Amid Economic UncertaintyScion Asset Management, led by Michael Burry, newly purchased 447,290 shares of Sprott Physical Gold Trust...
UAE's AI Revolution: Introducing the Falcon 2 SeriesThe United Arab Emirates (UAE) is investing in AI. On May 13th, the UAE government research institute announced a new open-source gen-AI model capable of competing with large technology companies. The Abu Dhabi Technology Innovation Institute (TII) has launched the Falcon 2 series, which includes the text-based model Falcon 2 11B and the vision-to-language model […]
Hungary Welcomes China's Investment: A Strategic Move Amid EU's ResistanceChinese President Xi Jinping (left) and Hungarian Prime Minister Viktor Orban. Photo: Xinhua/Yonhap ...
Amazon's AI Investment Pays Off with Record ProfitsAmazon’s first-quarter results exceeded market expectations. Amazon’s first quarter revenues in 2024 amounted to $143.3 billion, a 12.5% increase from the previous year, surpassing the consensus by 0.5%. Operating profit soared 220.6% to $15.3 billion, beating the consensus by 35.9%. Earnings Per Share (EPS) exceeded expectations by 16.4% at $0.98. The rise in profitability of […]
MicroStrategy Buys More Bitcoin Despite Crypto TurmoilMicroStrategy, the big player in Bitcoin, has recently purchased more despite the turmoil in the cryptocurrency market, reinforcing its bullish outlook on Bitcoin. Michael Saylor, the executive chairman of MicroStrategy, announced on the 30th that the company invested $7.8 million this month alone, purchasing an additional 122 units of Bitcoin. With this purchase, MicroStrategy now […]
Mexico Rises as the New Manufacturing PowerhouseAs the Biden administration accelerates the decoupling from the Chinese supply chain, Mexico is rapidly emerging as a new global manufacturing hub to replace China. The manufacturing boom is happening in major cities in Mexico as foreign investments targeting the U.S. market continue, and the value of the Mexican peso is also on the rise. […]
China Welcomes Korean Companies' Investment Expansion: SK Group's CommitmentAccording to Xinhua News Agency, a Chinese state-run media, Chey Tae-won, chairman of SK Group, met with He Lifeng, Chinese Vice Premier He Lifeng, on the 29th and promised to continue investing in China. Chey, who also serves as chairman of the Korean Chamber of Commerce and Industry, met with He, who was considered to […]
US Housing Giant Dr. Horton Beats Estimates with Robust ProfitsAnalysts have reported that D.R. Horton (DHI), a company that builds homes and sells building materials in the U.S., ‘s quarterly results were better than expected. D.R. Horton’s second-quarter (January-March) sales were $9.11 billion, a 14.2% increase year over year, and its net income was $1.17 billion, a 24.4% increase. Earnings per share (EPS) were […]
NVIDIA Execs Cash Out, Stock Drops 6% in One Day Amid a 6% plunge in a single day, NVIDIA CEO and other executives' stock sales have been pointed out as fueling investor anxiety.
Bitcoin Bonanza: MicroStrategy's Massive $780 Million Purchase Shocks Market “This man is the real deal.” According to foreign media reports on the 21st, U.S., corporate software company MicroStrategy recently issued convertible bonds (CB) to purchase an additional $780 million worth of Bitcoin. They made this purchase as Bitcoin prices fell below $65,000. MicroStrategy is famous for its Bitcoin debt investment. According to the U.S. […]
US Pushes for Tougher Controls on Investments in Chinese Semiconductors US has proposed a new rule that essentially bans Americans from investing in Chinese companies in the advanced technology sector.
Google Pumps $2.3 Billion Into Ohio Data Hub: What's Next for Tech? On the 18th, Google announced it would be investing an additional $2.3 billion to support three data center campuses located in central Ohio.
Steve Cohen Not ‘Betting’ on AI—He’s Investing $1 Billion! Steve Cohen is set to launch an artificial intelligence investment fund influenced by the rally of AI-related stocks such as NVIDIA.
Wall Street Guru: Why Apple's AI Push Could Make You Rich Steve Eisman, a well-known Wall Street fund manager and the real-life protagonist of The Big Short, ...
Warren Buffett Dives into Lithium: New Venture with Occidental Petroleum Warren Buffett announced a partnership with Occidental Petroleum to produce battery-grade lithium.
Microsoft's $3.2 Billion Nordic Bet: AI and Cloud Expansion Across Scandinavia Microsoft has been working to promote the adoption of AI not just in Sweden but across all of Northern Europe.
How Cathie Wood Let Billions Slip Away with Early NVIDIA Sale Cathie Wood has drawn attention due to claims she missed out on a nearly $723 million profit by selling all her shares last year in NVIDIA.
Cathie Wood Bets Big on Elon Musk's Latest AI Venture Cathie Wood has bet on xAI, an artificial intelligence (AI) startup founded by Elon Musk. She has al ...
Why Google's Choosing Finland for Its AI Expansion Google is planning additional investments in its data center in northern Europe—Finland. On the 20th, ...
Warren Buffett's Latest Gamble: $6.7 Billion Invested in Insurance Giant Berkshire Hathaway has been secretly buying stocks of the casualty insurance company Chubb since the third quarter...
Why Michael Burry is Ditching Tech for Gold Amid Economic Uncertainty Scion Asset Management, led by Michael Burry, newly purchased 447,290 shares of Sprott Physical Gold Trust...
UAE's AI Revolution: Introducing the Falcon 2 Series The United Arab Emirates (UAE) is investing in AI. On May 13th, the UAE government research institute announced a new open-source gen-AI model capable of competing with large technology companies. The Abu Dhabi Technology Innovation Institute (TII) has launched the Falcon 2 series, which includes the text-based model Falcon 2 11B and the vision-to-language model […]
Hungary Welcomes China's Investment: A Strategic Move Amid EU's Resistance Chinese President Xi Jinping (left) and Hungarian Prime Minister Viktor Orban. Photo: Xinhua/Yonhap ...
Amazon's AI Investment Pays Off with Record Profits Amazon’s first-quarter results exceeded market expectations. Amazon’s first quarter revenues in 2024 amounted to $143.3 billion, a 12.5% increase from the previous year, surpassing the consensus by 0.5%. Operating profit soared 220.6% to $15.3 billion, beating the consensus by 35.9%. Earnings Per Share (EPS) exceeded expectations by 16.4% at $0.98. The rise in profitability of […]
MicroStrategy Buys More Bitcoin Despite Crypto Turmoil MicroStrategy, the big player in Bitcoin, has recently purchased more despite the turmoil in the cryptocurrency market, reinforcing its bullish outlook on Bitcoin. Michael Saylor, the executive chairman of MicroStrategy, announced on the 30th that the company invested $7.8 million this month alone, purchasing an additional 122 units of Bitcoin. With this purchase, MicroStrategy now […]
Mexico Rises as the New Manufacturing Powerhouse As the Biden administration accelerates the decoupling from the Chinese supply chain, Mexico is rapidly emerging as a new global manufacturing hub to replace China. The manufacturing boom is happening in major cities in Mexico as foreign investments targeting the U.S. market continue, and the value of the Mexican peso is also on the rise. […]
China Welcomes Korean Companies' Investment Expansion: SK Group's Commitment According to Xinhua News Agency, a Chinese state-run media, Chey Tae-won, chairman of SK Group, met with He Lifeng, Chinese Vice Premier He Lifeng, on the 29th and promised to continue investing in China. Chey, who also serves as chairman of the Korean Chamber of Commerce and Industry, met with He, who was considered to […]
US Housing Giant Dr. Horton Beats Estimates with Robust Profits Analysts have reported that D.R. Horton (DHI), a company that builds homes and sells building materials in the U.S., ‘s quarterly results were better than expected. D.R. Horton’s second-quarter (January-March) sales were $9.11 billion, a 14.2% increase year over year, and its net income was $1.17 billion, a 24.4% increase. Earnings per share (EPS) were […]
Hot Topics