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. […]

Apple Inc.’s (NASDAQ:AAPL) CEO Tim Cook has reportedly identified a crucial factor that could see iPhone manufacturing shift to the United States. What Happened: U.S. Commerce Secretary Howard Lutnick, in a conversation with CNBC’s Brian Sullivan on “The Exchange” Tuesday, shared details of a discussion he had with Apple CEO Tim Cook about the possibility of relocating iPhone […]

The CEO of Chevron Corporation (NYSE:CVX), Mike Wirth, recently discussed the current dynamics of the oil industry, addressing the volatility of oil prices, capital expenditure strategies, and geopolitical challenges. What Happened: Wirth attributed the recent dip in West Texas Intermediate (WTI) crude oil prices, nearing $60 per barrel, to expected demand slowdowns and increased supply. He cited macroeconomic uncertainties, particularly tariff and trade […]

The Walt Disney Company (NYSE:DIS) has voted against a proposal to withdraw from a prominent LGBTQ+ rights organization’s equality ratings program. What Happened: The proposal, initiated by the right-wing think tank National Center for Public Policy Research (NCPPR) through its Free Enterprise Project (FEP) initiative, urged Disney to cease its participation in the Human Rights Campaign’s (HRC) annual Corporate Equality Index. The […]

U.S. President Donald Trump has indicated that Meta Platforms (NASDAQ:META) could invest up to $60 billion in the United States by the end of the year. What Happened: While taking press questions at the Oval Office on Thursday, Trump stated that the Mark Zuckerberg-led company is likely to invest $60 billion by the end of […]

Tesla Inc. and SpaceX CEO, Elon Musk embraced his meme status during his recent appearance at CPAC 2025, tying it to his association with the popular cryptocurrency, Dogecoin (CRYPTO: DOGE). What Happened: During the interview with Newsmax host Rob Schmitt, Musk described himself as “living the meme,” a reference to his connection with Dogecoin, a cryptocurrency […]