Fed Cuts Rates by 0.25%, Signals Two More Reductions Amid Labor Market Concerns
The Federal Reserve lowered its benchmark rate by 0.25% to 4.00%–4.25%, its first step in a projected series of cuts as job growth slows and inflation stays high.
Archives - 2025 - Page 19
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Nvidia CEO Jensen Huang Disappointed as China Bans Its AI Chips
China has ordered major tech firms to stop buying Nvidia’s RTX Pro 6000D chips, prompting CEO Jensen Huang to express disappointment and highlight growing geopolitical risk.
Average U.S. FICO Credit Score Drops for Second Year in a Row
The average U.S. FICO score slipped from 717 to 715 over the past year, marking its largest annual drop since the financial crisis, as more borrowers miss payments and student-loan delinquencies rise.
Microsoft, Google and Other Tech Giants to Pledge Over $40 Billion in UK AI Investments
Major U.S. tech firms including Microsoft, Nvidia, Google and OpenAI have committed approximately £31 billion (about $40 billion) toward UK AI infrastructure, signaling a major boost to the country’s computing and innovation potential.
Citigroup Predicts Ether Will Slide to $4,300 by Year-End in Base Case
Citigroup forecasts Ether could fall to about $4,300 by the end of 2025 under its base scenario, warning current price levels may be supported more by sentiment than fundamentals.
Standard Chartered’s SC Ventures to Raise $250 Million Digital Asset Fund for 2026
Standard Chartered’s innovation arm, SC Ventures, is planning a $250 million digital assets fund launching in 2026, with some backing expected from Middle Eastern investors.
CoreWeave Shares Jump After $6.3 Billion Nvidia Capacity Deal
CoreWeave’s stock surged after revealing a $6.3 billion Nvidia agreement guaranteeing purchases of unsold cloud capacity through 2032.
Tesla Shares Surge After Musk Buys $1 Billion in Stock as Vote of Confidence
Elon Musk’s open-market purchase of around $1 billion in Tesla shares reignited investor faith, sending the stock into positive territory for the year.
Alphabet Becomes 4th Company to Reach $3 Trillion Market Cap After Antitrust Win
Alphabet’s valuation topped $3 trillion, making it the 4th company ever to hit that milestone after a favorable U.S. antitrust ruling eased investor fears.
Oracle Forecasts Over $500 Billion in Cloud Booked Orders, Shares Soar
Oracle says its Oracle Cloud Infrastructure (OCI) booked revenue could top half a trillion dollars, driven by rising demand for cost-efficient AI cloud tools — its stock climbed 27%.