Market Updates
-
FuriosaAI Turns Down Meta’s $800M Offer to Go Solo
Key Takeaways: Korean AI chip startup FuriosaAI turned down an offer of $800 million from Meta Platforms Inc. Instead of cashing in, the company is doubling down its efforts to carve its own path in the competitive AI chip industry. Why Meta Wanted FuriosaAI So Badly Meta has been aggressively working to reduce its reliance…
-
Kraken’s $1.5B Deal to Buy NinjaTrader: Shaping Finance
Key Takeaways: Kraken has just made an announcement today to acquire NinjaTrader, a popular platform for retail futures trading, for a whopping $1.5 billion. This strategic move shows Kraken’s intention to become a multi-asset exchange, catering not only to crypto traders but also to retail traders seeking access to futures, stocks, and even bonds. Founded…
-
Tesla’s to hit 90% Upside Despite Market Struggles: Analyst’s Bold Call
Key Takeaways: So far this year, Tesla stock has been under intense stress across the board, but Wall Street analysts are are predicting a bullish forecasts. Piper Sandler’s Alexander Potter recommends Tesla with ‘Overweight’ and pegs a price target of $450 suggesting potential upside of 90% compared to current prices. Although, the market isn’t convinced.…
-
Amazon’s Performance Through Recessions and Market Shifts
Amazon performance in stock market has always been an upward trend. Last year, the company soared with a 44% jump as investors rushed towards companies that heavily bet on artificial intelligence (AI). But with economic uncertainty looming, questions remain if Amazon can withstand a potential recession. A look at its past performance offers some clues.…
-
Nvidia’s GTC Keynote Could Determine Stock’s Next Move
As it stands, Nvidia’s GPU Technology Conference scheduled march 18th might just prove a turning point for the company’s stock as investors are looking to CEO Jensen Huang’s keynote to provide clarity on Nvidia’s future as concerns grow that the AI led growth. Even though the stock has had a slight bounce, it still is…
-
Meta Launches Community Notes with X’s Open-Source Tech
Meta is launching a new crowdsourced content moderation tool called Community Notes to replace fact checking by third parting in the U.S. This tool will provide additional context on content while using an open-source algorithm from Elon Musk’s X (formerly Twitter). The company revealed in a blog post that while the new feature uses X’s…
-
Token Metrics CEO Claims SEC Is Dropping Its Case Against Him
Token Metrics CEO Ian Balina says the SEC is set to drop its case against him, bringing an end to a legal battle that has lasted over three years. Originally, the SEC accused Balina for allegedly failing to disclose compensation while promoting the Sparkster (SPRK) initial coin offering (ICO) back in 2018. “It’s official: The…
-
Experts Dismiss Elon Musk’s Claim That X DDoS Attack Came From Ukraine
Elon Musk’s recent claim on monday that a distributed denial-of-service (DDoS) attack on X (formerly Twitter) came from Ukraine has sparked skepticism among cybersecurity experts. On Monday, X was hit with a large-scale attack that disrupted the platform worldwide by a group known as the Dark Storm, an hacktivists group responsible for similar cyber…
-
Moca Network & Plume Partner to Unlock RWA Yield for 700M Users
Moca Network, from Animoca Brands has partnered with Plume, the first Layer 1 blockchain designed for real-world asset finance (RWAfi). This alliance puts Moca Network’s AIR Kit identification system into Plume’s ecosystem and will allow millions of users to access high grade reward yield and staking products. With this integration, Moca Network users from SK…
-
Rep. Tom Emmer Pushes Pro-Stablecoin Legislation, Calls CBDCs a Threat to American Values
Representative Tom Emmer has once again pressed hard for more regulation on stable coins. At a Financial Services Committee hearing on Monday 10, 2025, he articulates that he sees central bank digital currencies like a direct threat to values for Americans. Emmer stresses how crucial it is providing strong regulation for stable coins but he…