Market Anticipates Key Inflation Figures U.S. stock futures indicated a lower open today. The Dow futures were down around 0.3%. This followed record highs from the previous day. Tech stocks led the decline in the market. The market’s cautious stance was largely due to anticipation. Investors were awaiting new inflation figures. This data came from…
China’s Push for AI Sovereignty China’s leading AI companies have formed two new strategic alliances, announced at the World Artificial Intelligence Conference in Shanghai. These coalitions aim to accelerate AI development based on domestic standards and deepen AI integration into industrial applications. This effort underscores China’s imperative to reduce reliance on American technologies and establish…
The Enduring Fear of Automation in the AI Era For as long as computers have existed, humanity has grappled with the underlying fear that machines might eventually usurp human labour. This apprehension has intensified dramatically over the past year, as artificial intelligence has begun to fundamentally overhaul the very fabric of how people work. The…
Nvidia’s Strategic Reversal in the US-China AI Race US technology giant Nvidia has announced its intention to soon resume sales of its high-end artificial intelligence (AI) chips to China. This significant development comes after the US government assured the firm that it would grant the necessary licences to restart these crucial exports to the world’s…
Zuckerberg’s Mega-Bet on AI Infrastructure Meta CEO Mark Zuckerberg has unveiled plans to invest hundreds of billions of dollars to build the world’s most advanced artificial intelligence (AI) data centers. In a recent post on Threads, Zuckerberg announced the creation of multi-gigawatt “titan clusters” designed to power AI systems capable of surpassing human intelligence. One…
Bitcoin Sets New Record Amid Market Optimism Bitcoin soared to a new all-time high on Friday, trading above $118,000, fueled by a surge in institutional interest and a broader rally in tech stocks. This milestone arrives just days before the U.S. House of Representatives launches its highly anticipated “Crypto Week” starting July 14. The convergence…
Bitcoin’s Historic Surge and Market Catalysts Bitcoin, the world’s most popular cryptocurrency, has once again captured global attention by reaching a new all-time high, trading at over $118,000 (€100,000) on Friday. This significant milestone follows an enthusiastic trading day on US stock markets, where the Nasdaq, the main index for tech companies, also hit a…
Bitcoin’s New All-Time High Amidst Tech Market Boom The cryptocurrency market recently witnessed a significant milestone as Bitcoin (BTC) surged to a new all-time high, briefly touching $112,052.24. This impressive rally occurred during a broader upturn in tech shares, notably coinciding with Nvidia’s market value briefly surpassing $4 trillion. This simultaneous ascent underscores the persistent…
Bitcoin Notches New All-Time High Bitcoin reached a fresh record on Wednesday afternoon, surging past $117,000. This significant milestone for the flagship cryptocurrency occurred on a day when investors broadly returned to a “risk-on” mode, driving the tech-heavy Nasdaq Composite to a record close. The surge pushed Bitcoin’s price to $117,952.14, according to Coin Metrics,…
Bitcoin Notches New All-Time High Bitcoin reached a fresh record on Wednesday afternoon, surging past $112,000. This significant milestone for the flagship cryptocurrency occurred on a day when investors broadly returned to a “risk-on” mode, driving the tech-heavy Nasdaq Composite to a record close. The surge pushed Bitcoin’s price to $110,947.49, according to Coin Metrics,…
