AMC stock price continued to retreat this year as investors remained wary about the Box Office and its profitability this year. It has dropped by 17% the year so far and is hovering at its lowest level on record. AMC shares have plunged by almost 100% from its highest level…
The artificial intelligence (AI) sector is increasingly becoming a battleground for intellectual property disputes, with OpenAI and Microsoft now probing possible unauthorised access to OpenAI’s technology. The investigation, reported by Bloomberg, focuses on whether data was extracted from OpenAI’s application programming interface (API) by a group linked to Chinese startup…
Artificial intelligence has been all the rage in financial markets in recent days after DeepSeek announced a new AI model that rivals OpenAI at a surprisingly low cost. While the revelation from the Chinese startup has been a major hiccup for US stocks in the near term, President Donald Trump…
The Nikola stock price has collapsed to a record low, transforming a company that was once worth $26 billion in 2020 to just $74 million. NKLA has imploded as risks of bankruptcy rise during the Donald Trump Administration. So, will the Nikola share price rebound or continue falling this year?…
Norway’s colossal $1.8 trillion sovereign wealth fund, one of the world’s largest, posted a robust 13% return in 2024, translating to a staggering $222 billion gain. This impressive performance was largely fueled by the booming US technology sector. However, despite this significant surge, the fund narrowly missed its self-imposed benchmark…
Carnival stock price went vertical this week, reaching its highest level since June 2021, as signs showed that the cruise industry was still thriving. It jumped to $27.86 on Tuesday in New York, up by over 352% from its lowest level in 2022, making it one of the best-performing companies…
Maruti Suzuki India Ltd., the dominant player in India’s automotive market, reported a quarterly profit that fell short of expectations, revealing the challenges the company faces from escalating raw material costs. Despite a robust increase in sales volume, the carmaker’s profitability was squeezed by a substantial jump in production expenses.…
The AI agent open-source network Ai16z is changing its brand name to ElizaOS. Founder Shaw Walters confirmed the rebrand as the project’s remarkable growth demands “evolving to a more distinct, unified brand identity.” Shaw (wartime arc)@shawmakesmagic·FollowTo our community and partners, We are turning toward the next chapter of the project.…
Shopify stock price continued rising this year and is hovering at its highest level since January 2022. SHOP has jumped by almost 400% from its pandemic low as traders focus on the upcoming quarterly financial results. Its surge has pushed its market cap to over $138 billion. So, is Shopify…
Alibaba (9988.HK) has unveiled its latest artificial intelligence model, Qwen 2.5, in a strategic move to reinforce its standing in China’s AI race. Released on the first day of the Lunar New Year, a time when most of China is on holiday, the timing signals an urgent response to the…