Market Brief
Gold and Silver Add Nearly $5 Trillion in Market Value This Month
Gold and silver added nearly $5 trillion in combined market value this month as both metals staged a powerful rally.
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Gold and silver added nearly $5 trillion in combined market value this month as both metals staged a powerful rally.
Nvidia is reportedly in talks to invest in Perplexity at a valuation exceeding $30 billion as the AI search startup's annualized revenue surpasses $750 million.
Caterpillar has dropped about 22% since Michael Burry disclosed his short position on June 30, validating one of his highest-profile bearish bets.
Bitcoin climbed more than 23% in a week, delivering its strongest weekly performance since March 2023 as institutional demand and improving market sentiment fueled the rally.
Anthropic is reportedly targeting an IPO that would raise at least as much capital as SpaceX's record-breaking public offering.
Alibaba's quarterly profit fell about 75% as aggressive investment in AI infrastructure and cloud computing continued to pressure near-term earnings.
Moderna shares surged after positive Phase 3 results for the first successful mRNA cancer therapy, adding more than $50 billion in market value.
U.S. national debt has officially crossed $40 trillion for the first time, with borrowing rising rapidly and interest costs becoming an increasingly large part of federal spending.
OpenAI plans to go public by 2027 or earlier, according to CFO Sarah Friar, as the company prepares for one of the largest IPOs in technology history.
Visa, Mastercard, and more than 25 companies have formed the Agentic Payments Alliance to develop standards for AI agent payments, identity, security, and fraud prevention.
AI video startup Higgsfield raised $400 million in Series B funding at a $5.4 billion valuation as annualized revenue reached approximately $700 million.
LG Electronics and NVIDIA plan to build a 100,000-hour robot training dataset using real and synthetic data to accelerate development of next-generation humanoid robots.