US consumer prices rose moderately in February, suggesting inflation remained contained before a recent surge in energy prices triggered by the conflict involving Iran, according to government data released on Wednesday. The Consumer Price Index increased 0.3% in February after rising 0.2% in January, the Labor Department’s Bureau of Labor Statistics said. The reading was
Amazon’s autonomous vehicle company Zoox is preparing to bring its self-driving vehicles to the Uber app in Las Vegas this summer. The partnership allows riders to request Zoox vehicles directly through Uber while the company continues operating its own app. The collaboration reflects growing momentum around autonomous mobility as technology firms and transport platforms compete
The US stocks opened mixed on Wednesday as the Dow Jones edged lower, while the S&P 500 and Nasdaq posted modest gains. The investors continue to weigh the latest developments in the US-Iran war and volatile oil prices while digesting fresh US inflation data. The Dow slipped 82 points, or 0.2%, while the S&P 500
After four years of applications, regulatory back-and-forth, and an extended mobilisation period that has broken UK records for its length, Revolut is finally close to securing a full banking licence in its home market. The Financial Times reported Wednesday that the approval is imminent, a milestone that would end a process that began in 2021
SUI is one of the best performers among the top 30 cryptocurrencies by market cap, holding steady above $0.97 after an 8% surge in the last 24 hours. The coin has performed excellently thanks to renewed interest from large wallet investors, commonly referred to as whales, and on-chain demand. Technical indicators also suggest that SUI
Stellar (XLM) is the best performer among the top 20 cryptocurrencies by market cap, up 7% in the last 24 hours. The coin is trading around $0.16 after posting a modest rebound on the previous day. However, mixed on-chain and derivatives data indicate traders remain cautious despite the ongoing recovery efforts. The technical indicators suggest
Artificial intelligence infrastructure startup Nexthop AI has raised $500 million. The investment round, led by Lightspeed Venture Partners with participation from Andreessen Horowitz and existing backers Altimeter Capital and Kleiner Perkins, values the company at $4.2 billion. The deal reflects rising tech spending as companies race to expand computing capacity for AI systems and the
The AI infrastructure buildout isn’t slowing down, and Wall Street knows it. Citi analysts went through the semiconductor landscape after the latest earnings cycle and came back with four names they think still have room to run. The picks aren’t random as they reflect a clear-eyed view that demand for AI-grade chips stays strong even
Chinese electric vehicle maker Nio has reported its first quarterly profit since launching operations, marking a major financial milestone after years of losses. The company said Tuesday that strong demand for premium electric SUVs, record deliveries, and cost controls helped push the business into the black in the final quarter of 2025. The result highlights
US stocks traded mostly unchanged on Tuesday as investors monitored volatile oil prices and closely followed developments in the escalating conflict involving Iran. The Dow Jones Industrial Average slipped 62 points, or 0.1%. The S&P 500 hovered near the flatline, while the Nasdaq Composite gained 0.2%. Energy markets remained the primary focus for investors after