The decision by Nvidia Corp (NASDAQ:NVDA) to integrate smartphone-style memory chips into its AI servers could potentially double the prices of server memory by the end of 2026, according to a report. Demand Spike Pressures Market The move by Nvidia to use Low-Power Double Data Rate (LPDDR) memory chips, commonly found in smartphones and tablets, instead of […]

Shares of Bloom Energy Corp (NYSE:BE) soared 16.83% in pre-market trading on Wednesday, after surpassing analyst expectations for the third quarter. Q3 Revenue Jumps 57% With Strong EPS Beat The energy company reported a third-quarter revenue of $519.05 million, which exceeded the $424.98 million estimated by analysts. The adjusted earnings per share (EPS) for the quarter were 15 cents, […]

Former U.S. Vice President Kamala Harris hinted that her 2024 presidential election loss might not be the end of her political career. Harris Reflects On Presidential Run And Future Plans Harris, who recently released her political memoir 107 Days, spoke at Fortune‘s Most Powerful Women conference on Tuesday about her brief presidential campaign that ended in defeat to Donald Trump, reported Fortune. […]

President Donald Trump hinted at the possibility of merging government-sponsored enterprises Fannie Mae and Freddie Mac and trading them under the name “MAGA.” Trump Fuels Buzz With NYSE Bell for ‘MAGA’ Listing President Trump added to the speculation by posting an image on Truth Social showing him ringing the New York Stock Exchange’s opening bell for the debut of a […]

President Donald Trump has issued a 60-day ultimatum to 17 major pharmaceutical companies, demanding that they lower drug prices in the U.S. or face severe consequences. President Threatens Action Over ‘Abusive Drug Pricing Practices,’ Issues Deadline to Commit Trump, on Thursday, posted individual letters he sent to companies including AbbVie (NYSE:ABBV), Amgen (NASDAQ:AMGN), AstraZeneca (NASDAQ:AZN), Bristol Myers Squibb (NYSE:BMY), Eli Lilly (NYSE:LLY), Merck (NYSE:MRK), and Pfizer (NYSE:PFE) on his social media platform. Trump […]

Sam Altman, the CEO of OpenAI, expressed concerns about the potential threats artificial intelligence (AI) poses to financial security, urging them to stay ahead of the technology. What Happened: During a recent event hosted by the Federal Reserve in Washington, D.C., Altman cautioned financial leaders about the dangers of AI outsmarting current authentication methods. He specifically highlighted the […]

The CEO of Meta Platforms Inc. (NASDAQ:META), Mark Zuckerberg, is expected to testify in a high-stakes trial where the company is accused of privacy violations. What Happened: The trial that begins this week stems from a lawsuit filed by Meta shareholders, who claim the company, under Mark Zuckerberg’s leadership, permitted user data to be collected without consent, reported Reuters. The shareholders […]

Nvidia Corporation (NASDAQ:NVDA) has denied reports that it is re-entering the Chinese market with a new AI chip, despite a previous ban by the U.S. government. What Happened: Nvidia supplier, Shenzhen-based ZJK Industrial (ZJK) is ramping up production to cater to the increasing demand for Nvidia’s B40 project. The B40 chip, a custom AI accelerator, is specifically designed for the Chinese […]

Kevin O’Leary, popularly known for his role in “Shark Tank”, has raised concerns about President Donald Trump‘s “One Big, Beautiful Bill” and its potential impact on small businesses. What Happened: O’Leary expressed his unease about a part of the bill related to small business tax audits, warning that it could “cause chaos in valuations,” in an interview […]

Tom Lee, head of research at Fundstrat, recently made a bold prediction about Bitcoin‘s (CRYPTO: BTC) potential to reach a valuation comparable to gold, as shared by The Moon Show on X. What Happened: In a post on X on Friday, The Moon Show referenced a statement by Lee, suggesting that Bitcoin’s network value could eventually match that of gold. […]