AI stock frenzy resembles dot-com bubble and may explode disastrously, experts warn
Experts say the AI mania has shades of the dot-com and housing bubbles and could end painfully. Cheap money and…
Bitcoin Price Steadies After Selloff. The Crypto Faces Pressure Amid ETF Outflows
Bitcoin and other cryptocurrencies were rising early Wednesday, recouping some losses from the previous day’s selloff. Bitcoin BTCUSD 1.25% was…
Trending tickers: Nvidia, Constellation and Dell
Nvidia is leading the pre-market trading as the artificial intelligence darling and chipmaker surpassed Microsoft (MSFT) to become the most…
Tether Debuts New ‘Synthetic’ Dollar Backed by Tokenized Gold in Tokenization Push
Tether, the company behind the $110 billion stablecoin {{USDT}}, debuted Monday a new token minting platform called Alloy on the…
Exclusive-Ferrari’s first electric car to cost over $500,000
Ferrari’s first electric car will cost at least 500,000 euros ($535,000), as the luxury automaker prepares to open a plant…
Vodafone Raises $1.8 Billion in Indus Towers Stake Sale
Vodafone Group Plc subsidiaries have raised about $1.8 billion in proceeds by selling shares in India’s Indus Towers Ltd. The…
Adobe is having a terrible month
The Department of Justice is suing Adobe over deceptive subscription practices. The lawsuit claims Adobe hides fees and makes it…
McDonalds is removing its AI drive-thru voice ordering system from over 100 restaurants after its mishaps went viral
McDonald’s is removing its Automated Order Taker technology from over 100 restaurants. The food chain collaborated with IBM in 2021…
Oil’s Run of Gains Comes to Halt as Risk-Off Sentiment Flares
Oil declined, paring a weekly gain, on a risk-off tone in wider financial markets and more signs of robust global…
Tesla Investors Back Musk’s $56 Billion Pay Deal
Tesla Inc. investors voted for Chief Executive Officer Elon Musk’s compensation package and moving the company’s state of incorporation to…