US stock funds saw their biggest weekly exit since March, raising fresh questions about the strength of Wall Street’s rally. Investors pulled $17.2 billion from US stock funds in the…
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Finance & Investment
Benchmark reboots its Datadog target as the AI super cycle builds
by adminby adminBenchmark raised its price target on Datadog to $330 from $260 on Thursday, July 2, a Street high, while keeping its buy rating unchanged. The stock was already up more…
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OpenAI is now worth $852 billion. The people who built that valuation are a small group of venture capitalists, early employees, and institutional investors. A much larger group of workers…
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Finance & Investment
Palantir doubles down on national security with Nvidia AI alliance
by adminby adminPalantir Technologies is betting big on a simple idea: The U.S. government should never have to depend on someone else’s AI model to protect the country. That idea is now…
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Why Is A7A5’s Trading Activity Being Challenged? A dispute is widening between A7A5, a sanctioned ruble-backed stablecoin issuer, and blockchain analytics firms over how much of the token’s reported activity…
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Why Is Upbit Distancing Itself From Open USD? South Korean crypto exchange Upbit said it is not participating in the issuance of Open USD, pushing back after its operator Dunamu…
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Why Are Bitcoin Exchange Deposits Raising Concern? Bitcoin deposits to exchanges have surged to levels seen only a handful of times this year, a pattern that has historically preceded sharper…
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Business
Nvidia offers AI startups GPU access for revenue share: here’s what it means
by adminby adminChipmaker Nvidia has introduced a new revenue-sharing programme designed to support fast-growing artificial intelligence startups by providing access to computing power in exchange for a share of future revenue. The…