OpenAI is preparing for an initial public offering that could value the company at up to $1 trillion, following a major restructuring and as it prepares for massive capital demands.
The Federal Reserve lowered its benchmark interest rate by 25 basis points to a range of 3.75%-4.00%, marking the second consecutive cut this year as economic uncertainty deepens amid a prolonged government shutdown.
Telegram announced its new “Cocoon” network, powered by AI and the TON blockchain, which lets GPU owners earn tokens and gives developers low-cost AI access while prioritising privacy.
Nvidia has officially become the first company in history to reach a $5 trillion market capitalization, cementing its dominance in the AI era and setting a new benchmark for global technology valuation.
The S&P 500 reached a new all-time high above 6,900 even as nearly 80% of its components fell, with Apple, Nvidia and Microsoft alone driving the rally ahead of the Fed’s rate decision.
Payments giant Visa announced it will begin supporting four different stablecoins operating on four unique blockchains, expanding its crypto-asset infrastructure amid growing institutional demand.
Apple became the latest company to surpass $4 trillion in market value, joining Nvidia and Microsoft as investors reward AI innovation and stronger-than-expected iPhone 17 sales.
Amazon is preparing its largest corporate layoff to date, set to begin Tuesday and potentially affect up to 30,000 jobs, or roughly 10% of its corporate workforce.
HSBC Holdings’ pretax profit dropped 14% in the third quarter following a $1.1 billion charge tied to the Bernard Madoff scandal, yet the bank raised its net interest-income forecast to $43 billion for 2025.
Tokyo-based fintech firm JPYC has launched Japan’s first yen-pegged stablecoin, backed by bank deposits and government bonds as the country races into the digital-asset era.
Qualcomm announced a bold push into AI infrastructure with two new chips AI200 and AI250 targeting rack-scale data-center workloads and rivaling leaders like Nvidia and AMD.
A lobbying blitz by Binance and its founder Changpeng Zhao preceded the U.S. presidential pardon from Donald Trump, analysts say – highlighting the growing influence of crypto-industry connections in Washington.
The U.S. Consumer Price Index rose 3% year-over-year in September, maintaining pressure on household budgets and complicating the outlook for future interest-rate cuts.
Venture firm Andreessen Horowitz is raising about $10 billion to back AI, infrastructure and ‘American dynamism’ – doubling down on tech bets amid bullish crypto signals.
Beyond Meat shares have skyrocketed more than 1,300% in four days, turning the plant-based food maker into the latest meme-stock sensation as retail traders swarm the stock.