Oracle stock (NYSE: ORCL) plunged 5% on Friday after Bloomberg reported that the cloud giant has pushed back the completion of several data centers being built for OpenAI from 2027 to 2028. The delay ignited fresh investor anxiety about Oracle’s $300 billion bet on AI infrastructure and its ability to convert aggressive capex spending into
Rivian Automotive Inc (NASDAQ: RIVN) rallied more than 15% today after the electric vehicles (EV) specialist showcased bold plans to accelerate its push into autonomous driving. At its inaugural “Autonomy & AI Day”, the company unveiled a proprietary autonomy processor, a full artificial intelligence (AI) driving stack, and a self-driving subscription service slated for 2026.
This week saw two of the most significant crypto headlines in Latin America, highlighting the region’s fast-changing digital-asset ecosystem. On the one hand, Banxico issued a strong warning about the systemic risks associated with stablecoins, signalling increased regulatory scrutiny in Mexico. HIVECO, on the other hand, created history by being the first Bitcoin-AI infrastructure company
Like a thrilling corporate drama, the battle for Warner Bros Discovery acquired a sensational new subplot last week when, not willing to let go, Paramount Skydance made a comeback with a $108.4 billion all-cash hostile bid for the studio powerhouse, just days after WBD had sealed a deal with Netflix. Paramount went straight to investors
Digital currencies are experiencing significant bearishness, with faded liquidity preventing upsides and accelerating every dip. Cryptocurrencies remained unmistakably cautious the past week, with major headlines failing to spark rallies, at least as analysts and traders expected. The rate cut that failed to lift crypto All eyes remained on the December 10 FOMC this week. You
Apple Inc. (NASDAQ: AAPL) faces frequent criticism for lagging in artificial intelligence innovation compared to aggressive moves by Microsoft, Google, and Meta. However, 2026 will finally mark the giant’s entry into an “AI revolution”, argues Wedbush’s senior analyst, Dan Ives. Ives maintained his “outperform” rating on AAPL shares this week, raising his price target to
The year 2026 is shaping up to be one of the most active periods for global equity markets, with several high-profile companies preparing for listings that could rank among the largest in history. From US artificial intelligence leaders accelerating their path to public markets to India’s most anticipated domestic offerings, investor appetite is building ahead
BBVA is moving artificial intelligence from limited trials into everyday banking work by extending access to ChatGPT across almost its entire organisation. The Spanish lender is giving more than 120,000 employees access to ChatGPT Enterprise after an internal pilot showed measurable efficiency gains, reports Bloomberg. The expansion reflects a broader shift in the financial sector,
Russian seaborne oil product exports dipped slightly in November, falling 0.8% from October to 7.494 million metric tons, according to industry data and Reuters calculations. This decrease occurred as the effects of drone attacks on key energy infrastructure were largely counterbalanced by the completion of maintenance work at several refineries. Despite the small change in
The cryptocurrency market has performed positively over the past 24 hours, with Bitcoin and other major coins currently in the green. ZEC, the native coin of the Zcash blockchain, is the best performer among the top 20 cryptocurrencies by market cap. The coin is now trading around $450 and could rally towards the $500 psychological