Peter Thiel Sells Entire Nvidia Stake Amid AI Bubble Concerns
Billionaire Peter Thiel has exited his full position in Nvidia, citing fears of an artificial-intelligence-driven tech bubble that may already be peaking.
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Billionaire Peter Thiel has exited his full position in Nvidia, citing fears of an artificial-intelligence-driven tech bubble that may already be peaking.
Gold prices edged higher following two consecutive days of losses, as markets trimmed expectations for a near-term U.S. rate cut and investors reassess safe-haven dynamics.
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Berkshire Hathaway revealed a roughly $4.3 billion investment in Alphabet Inc., marking a rare tech push for the firm, even as it continues reducing its longtime holding in Apple Inc.
The United States and Switzerland agreed on a framework trade deal that cuts U.S. tariffs on Swiss exports from 39% to 15% and secures $200 billion in Swiss investment in the U.S. through 2028.
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European markets dipped as investors recalibrated expectations of a U.S. rate cut and flagged overvaluation in the AI sector, while weak Chinese economic data added to global risk-off sentiment.
Bitcoin Depot, North America’s largest Bitcoin ATM operator, has launched its first Asian operations in Hong Kong – targeting a top-five position in the market and meeting rising cash-to-crypto demand.
AI startup Anthropic announced a $50 billion funding plan to build large-scale data centers in Texas and New York, reinforcing its position in the AI infrastructure race.
Shares of SoftBank Group fell by as much as 10% after the conglomerate sold its entire stake in NVIDIA Corporation for $5.8 billion, highlighting mounting funding pressures from its ambitious AI investments.