Foxconn Surpasses Profit Expectations with AI Boomby Mark Eisenberg 17.08.2024Foxconn reports a 6% profit rise driven by AI server demand. Full-year revenue growth expected to be significant.
Franklin Templeton’s Crypto Index ETF Bidby John Darbie 17.08.2024Franklin Templeton files for an innovative crypto ETF, aiming to rival other funds like Hashdex in the growing digital asset ...
AI’s Energy Demand: The Real Cost of Innovationby Lilu Anderson 17.08.2024Explore the energy consumption of AI like ChatGPT compared to Google searches and its environmental impact.
Sinovac Biotech Faces Financial Downturn in 2024by Lilu Anderson 17.08.2024Sinovac's 2024 revenue drops amidst market challenges, with ongoing vaccine development and international market expansions.
S&P 500, Nasdaq: Seven Days of Gainsby Mark Eisenberg 17.08.2024Stocks rise on positive economic data; Powell's speech at Jackson Hole awaited.
Hong Kong Strengthens Crypto Regulations for Stabilityby John Darbie 17.08.2024Hong Kong tightens stablecoin rules, requiring HKMA licenses, to become a leading cryptocurrency hub.
Bitcoin Surges Over 5% to $59,609 Amid Market Optimismby John Darbie 17.08.2024Bitcoin, the leading cryptocurrency, climbs 5.17% to $59,609, marking a 54.8% increase from its January low of $38,505.
Uber’s Investment-Grade Upgrade Explainedby Mark Eisenberg 17.08.2024Explore why S&P upgraded Uber to investment-grade, focusing on earnings growth and financial strategies.
Franklin Templeton’s New Crypto ETF Offers Broad Exposureby John Darbie 17.08.2024Franklin Templeton files for ETF, offering exposure to Bitcoin and Ethereum, using Coinbase as custodian.
Boeing, Lockheed Martin Negotiating ULA Saleby Mark Eisenberg 17.08.2024Boeing and Lockheed Martin explore selling rocket firm ULA, valued at $2-$3 billion, to Sierra Space.