Microsoft Market Cap Crosses $3 Trillion, Briefly Surpasses Apple
Microsoft briefly achieved a market capitalization exceeding $3 trillion during intraday trading on Wednesday.
Finance/Venture
UK Satellite Engineering Company Signs $19.7 Million Deal With SpaceX for Starlink Constellations
Filtronic Plc and SpaceX announced a groundbreaking agreement. In a $19.7 million deal, Filtronic will supply crucial modules for SpaceX's Starlink constellations, while SpaceX will be granted the option to acquire up to a 10% stake in Filtronic.
Token Growth Studio TDeFi CEO Judges Next Crypto Unicorn at PBW's 'Meet the Drapers'
TDeFi: $10 million prize pool at Paris Blockchain Week's 'Meet the Drapers'..
Bitcoin Mining Companies to Invest in AI After Drop in Revenues
Bitcoin miners are adapting to reduced revenues post-halving by investing in innovative solutions, while some are also exploring opportunities in artificial intelligence...
What Empower Finance's Acquisition of Petal Means for Cardholders
Empower Finance acquires Petal, merging strengths for cardholders. Potential access to Empower's financial tools may come with subscription fees...
Trump Media Provides Short-Selling Prevention Tips Following DJT Stock Price Decline
After a 63% decrease in DJT's share value, Trump Media has advised sh...
Tech Giants Gear Up for Earnings Showdown; Investors Await if AI Strategies Turned Into Profits
Tech giants, including Apple, Microsoft, and Nvidia, are up for earnin...
Latest News
Here's Why EU's Confiscation of Russian Central Bank Assets Is Highly Unlikely
The European Union (EU) is unlikely to seize the frozen assets of the Russian central bank in Europe, according to senior EU officials.
China Moves to Strengthen Chinese Yuan as Stock Markets Plunge: Report
China's state-owned banks have reportedly interfered to prevent the Chinese yuan from falling quickly.
Wilson Tennis Rackets Maker Amer Sports Eyes Up to $8.7 Billion Valuation in US IPO
Amer Sports, the maker of Wilson tennis rackets, is targeting an up to $8.7 billion valuation for its upcoming US initial public offering (IPO).
Vertical Aerospace Founder Invests $50 Million to Prevent the Flying Taxi Firm From Running Out of Cash
Vertical Aerospace has secured new funding from its founder Stephen Fitzpatrick, who will invest $50 million to ensure that the flying taxi firm will still have cash until later this year.
Macy's Ditches $5.8 Billion Takeover Bid After Investor Arkhouse Threatens to Take Offer Directly to Shareholders
Macy's has rejected a $5.8 billion offer from Arkhouse Management and partner Brigade Capital Management to take over the retailer.
Elon Musk Refutes xAI $500 Million Funding Report, Labels It 'Fake News'
Elon Musk took to social media to deny a report claiming that his AI startup, xAI, has secured $500 million in commitments from investors.
China’s Yuan Beats US Dollar as the Top Currency Traded in Russia
China's yuan has ousted the US dollar as the most traded currency in Russia in 2023.
Goldman Sachs, Morgan Stanley 4Q Profits Still Beat Expectations
Goldman Sachs and Morgan Stanley have both posted fourth-quarter earnings results that beat analysts' expectations.
IMF Warns AI Could Disrupt 40% of Global Jobs, Worsen Inequality Ahead of Davos Economic Forum
The International Monetary Fund (IMF) has warned that almost 40% of global jobs could be impacted by the growing influence of artificial intelligence (AI).
