Amazon is in talks to acquire Decart, a fast-growing artificial intelligence (AI) company. According to the WSJ, Amazon is planning to buy the company in a $7 billion deal, marking a big jump from its last funding round in May, which valued it at $4 billion. Neither side has confirmed the deal, and according to
Samsung Electronics and SK Hynix fell sharply in Seoul on Monday, even as memory-chip prices kept climbing and AI demand kept supply tight. By 9:58 AM, Samsung was down 2.48% and SK Hynix 3.81%, helping push the KOSPI down 2.33%. Foreign investors were net sellers as renewed Middle East tensions, elevated US Treasury yields and
XRP has lost roughly 16% from its late-September high, and the rebound from last week’s sell-off has not repaired a chart that suddenly looks much more fragile. The token was trading around $1.40 on Monday after recovering from an October 8 low near $1.32. That still leaves XRP below the $1.60-$1.70 resistance zone that capped
South Korean stocks led Asian losses on Monday as foreign investors dumped semiconductor heavyweights, while Japan’s Nikkei 225 escaped the renewed AI sell-off because Tokyo was closed for Sports Day. The KOSPI fell as much as 3.15% before paring losses, with Samsung Electronics and SK Hynix leading the decline. The weakness was far from regional.
Nvidia stock has pulled back in the past four consecutive days. It has slumped from the all-time high of $243 to the current $230 as investors have remained cautious about the artificial intelligence boom. So, will the stock continue falling or bounce back as some of its portfolio companies flop? Top Nvidia-backed companies are flopping
Crude oil price held steady on Friday, with Brent ending the week at $104.5 and the West Texas Intermediate (WTI) hitting $93. Brent has jumped by nearly 10% from its lowest level this month, and this recovery may continue as the Middle East erupts. Houthi and Saudi Arabia crisis escalates Crude oil prices reacted mildly
The crypto market held steady during the weekend as Bitcoin and other tokens remained in a narrow range. Prices have done well after the US published a weak nonfarm payrolls (NFP) report on Friday. This article looks at some of the top trending tokens today, including LayerZero (ZRO), Midnight (NIGHT), and Pi Network (PI). LayerZero
Brent crude oil price continued rising last week, even after the US coordinated another release of strategic petroleum reserves by G7 countries. It ended the week at $102.60, its highest level since September 23rd. This rebound may continue as odds that the US and Iran will escalate in October rise. Odds of US and Iran
Nu Holdings stock has pulled back sharply in recent months, falling from a high of $18.95 in January to around $13.43 today. Despite the decline, the long-term growth story remains intact, supported by the company’s expanding customer base, strong presence in Brazil, and continued push into other Latin American markets such as Mexico and Colombia.
Arm Holdings ADR stock surged 5% in trading as the company’s role in Nvidia’s Open Agent Safety Platform continued to attract investor interest. Arm-based processors have been confirmed to handle both artificial intelligence agent execution and safety monitoring functions across Nvidia’s BlueField 4 hardware and related infrastructure. The development highlights the expanding use of Arm’s