Major cryptocurrencies traded mixed on Friday morning as the number of Americans filing new claims for unemployment benefits dropped last week. CryptocurrencyGains +/-Price (Recorded 12:00 a.m. EDT)Bitcoin (CRYPTO: BTC)-0.79%$66,175Ethereum (CRYPTO: ETH)+0.57%$3,512Dogecoin (CRYPTO: DOGE)+4.06%$0.15 What Happened: The initial claims for state…
Intel Corp. (NASDAQ:INTC) shares jumped over 3% premarket after the Joe Biden-led administration proposed a non-binding preliminary memorandum of terms (PMT) with the tech giant to provide up to $8.5 billion in direct funding as part of the CHIPS and…
Nvidia Corp. (NASDAQ:NVDA) shares have experienced a stratospheric rally fueled by the AI revolution. This surge has pushed the stock price beyond the reach of many average retail investors. CNBC host Jim Cramer, during a special episode of “Mad Money” broadcast live…
EV giant Tesla Inc (NASDAQ:TSLA) will reportedly increase the prices on China-produced Model Y vehicles starting next month. The move follows warnings of impending price hikes issued by the company in the U.S. and Europe over the weekend. What Happened:…
In a strategic move to enhance its artificial intelligence (AI) capabilities, Apple Inc. (NASDAQ:AAPL) has acquired Canadian AI startup DarwinAI. The acquisition is part of Apple’s significant push into generative AI this year. What Happened: Apple acquired DarwinAI earlier this…
ChatGPT-maker OpenAI has refuted the claims made by Elon Musk regarding the existence of a “founding agreement” for the company’s non-profit status and the non-disclosure of source code. What Happened: OpenAI, a company backed by Microsoft, which was co-founded by Musk in 2015, has dismissed…
Showing his quirky side once more, Meta Platforms Inc. (NASDAQ:META) CEO on Monday shared a video in which he could be seen using Meta Ray-Ban Smart Glasses for showing off his closet. What Happened: Zuckerberg shared a 12-second video on…
Future Fund Managing Partner Gary Black‘s prediction of lowered delivery estimates for Tesla Inc. (NASDAQ:TSLA) proved accurate as Deutsche Bank took the lead, tempering expectations ahead of the electric-vehicle giant’s first-quarter deliveries update in early April. What Happened: Deutsche Bank reduced its first-quarter deliveries estimate for Tesla from 476,000…
Canaccord Genuity analyst George Gianarikas considers Tesla Inc (NASDAQ:TSLA) shares a solid buy despite the current slump in price. The analyst is optimistic about the electric vehicle giant’s growth potential in three key areas, expecting a rebound in the stock. What Happened: Gianarikas attributes the stock’s current lag…
Tech billionaire Elon Musk has announced a rebranding of X's (formerly Twitter) Trust & Safety group to simply @Safety, saying "trust is something that must be earned." What Happened: Musk took to Twitter to express his views on trust and…
