Feb 11, 2025 | Markets
Customer mistakenly deposited Solana year after FTX bankruptcy 31-year-old FTX user is asking bankruptcy judge to be repaid FTX customers who deposited digital assets before the cryptocurrency exchange imploded in 2022 have waited years to get their money back. That...
Feb 11, 2025 | Markets
January NFIB index fell 2.3 points, dragged by spending plans Uncertainty index jumps by most in monthly data to 1986 US small-business optimism declined in January from a more than six-year high and a gauge of uncertainty climbed as companies weighed Trump...
Feb 10, 2025 | Markets
The Magnificent Seven has turned into the Stupendous One as AI spending fears weigh on sentiment. The usually reliably hot Magnificent Seven trade of Meta (META), Amazon (AMZN), Google (GOOG), Apple (AAPL), Nvidia (NVDA), Microsoft (MSFT), and Tesla (TSLA) has...
Feb 10, 2025 | Markets
McDonald’s Corp. said low-income consumers in the US are still under pressure, highlighting the struggles of a key customer group for the burger chain. Across the industry, purchases from low-income guests were down substantially in the fourth quarter, Chief Executive...
Feb 10, 2025 | Markets
OpenAI is pushing ahead on its plan to reduce its reliance on Nvidia (NVDA) for its chip supply by developing its first generation of in-house artificial-intelligence silicon. The ChatGPT maker is finalizing the design for its first in-house chip in the next few...
Feb 10, 2025 | Markets
Nvidia (NVDA) investors are navigating through an un-Nvidia-like start to the year. Shares of the AI chip darling are off by 1% this year, lagging all three major US indexes, which have notched gains. The stock has underperformed the S&P 500 (^GSPC) by over 5% in...
