Polymarket Founder Becomes World’s Youngest Self-Made Billionaire After ICE Deal
Shayne Coplan becomes the youngest self-made billionaire after ICE, the New York Stock Exchange parent, invests $2 billion in Polymarket.
News - Page 69
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Latest News
Spot Silver Price Tops $49/oz for the First Time Since April 2011
Spot silver prices surged past $49 per ounce on Wednesday, reaching levels not seen since April 2011 and renewed interest in precious metals markets.
Nvidia Commits Up to $2B to Finance xAI’s Chip Needs in $20B Round
Nvidia will invest as much as $2 billion in xAI’s $20 billion funding round, backing the startup’s purchase and rental of its own GPUs.
BNB Flips XRP as Market Cap Surges Past $180B
BNB reached a record high near $1,330, surpassing XRP in market capitalization and reinforcing its position as the third-largest cryptocurrency.
NYSE Owner to Invest $2 Billion in Polymarket, Valuing Platform Near $8B
ICE, owner of the New York Stock Exchange, is in advanced talks to invest $2 billion in prediction market operator Polymarket, in a move that could...
Gold Hits $4,000 an Ounce for the First Time in History
Gold prices surged to a record $4,000 per ounce, driven by renewed demand for safe-haven assets amid global market volatility and interest rate uncertainty.
OpenAI Secures AMD Chips Deal, AMD Stock Jumps 30%
OpenAI and AMD agreed on a multi-gigawatt GPU deployment that could award OpenAI up to 160 million AMD shares. AMD stock surged while rivals cooled.
Berkshire Hathaway Buys Occidental’s OxyChem for $9.7B in Major Cash Deal
Berkshire Hathaway agreed to acquire Occidental Petroleum’s OxyChem division for $9.7 billion in cash, marking Warren Buffett’s largest purchase since 2022.
Gold Prices Soar Past $3,800 as U.S. Shutdown Risk and Rate Cut Bets Drive Demand
Gold surged to a record high above $3,800 per ounce Monday as investors rushed into safe haven assets amid fears of a U.S. government shutdown and...
U.S. to Impose 100% Tariff on Branded Drugs Unless Firms Build Plants
President Trump says a 100% tariff will apply to branded pharmaceutical imports from Oct. 1, unless the companies have begun building manufacturing plants in the U.S.
Huawei Unveils Three-Year Plan to Challenge Nvidia in AI Chips
Huawei has detailed a three-year campaign aimed at narrowing the technological gap with Nvidia, relying on scale, national strategy and integrated infrastructure rather than raw silicon...
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...