Adobe Inc (NASDAQ: ADBE) chief executive Shantanu Narayan pushed back against criticism that his company has been slow in terms of AI monetisation in an interview on Thursday.All it has done is prioritise innovation and adoption before shifting focus to monetisation, he added.The chief executive remains confident that focus on…
US spot Bitcoin and Ether ETFs have seen a net outflow of over $1.5 billion in March, extending a five-week losing streak that has now reached $5.09 billion. However, inflows of $13.3 million on March 12 suggest investors may be stepping back in as Bitcoin manages to stay above the…
Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) recently posted a net loss of 85 million reais ($14.66 million) in the fourth quarter after substantial financial expenses. According to a Reuters report, core earnings and revenues in the Brazilian steel and mining company exceeded market expectations.Fourth quarter financial performance: a mixed picture…
US President Donald Trump has reignited trade tensions with the European Union by threatening to impose a 200% tariff on wines, champagnes, and other alcoholic products from France and the wider EU.The move comes in retaliation to the bloc’s decision to impose a 50% tariff on American whiskey, further straining…
One Gravity is the first-ever NFT collection built for 0G, the world’s largest AI Layer 1 ecosystem.Committed to the principle of “Community First,” the collection is designed to empower users to co-build the 0G ecosystem, driving innovation and fostering growth in decentralized AI. With a total supply of 1,888 NFTs,…
On Thursday, the shares of B3, Brazil’s main stock exchange, experienced a dramatic surge of 5.71%, climbing to R$11.10. This surge followed a crucial decision by the Superior Chamber of the Administrative Council of Tax Appeals (Carf), which unanimously ruled in favour of B3 regarding the tax amortization of goodwill…
Shares of Intel are skyrocketing on Thursday, primarily because the company announced that Lip-Bu Tan, former CEO of Cadence Design Systems, will be its new chief executive, effective March 18. At the time of writing, INTC stock was up over 14%, trading around $23. Despite the surge, the stock remains…
Investors are keenly watching Nvidia Corp (NASDAQ: NVDA) ahead of its annual GTC conference on March 17th.Jensen Huang – chief executive of the AI darling is broadly expected to offer more colour on the company’s latest Rubin architecture at the annual event.Nvidia named its upcoming Rubin chips after the American…
Stocks tumbled on Thursday, extending a three-week market downturn as investor sentiment remained pressured by new tariff threats from President Donald Trump. The sell-off pushed major indices deeper into correction territory, with the S&P 500 dropping 1.39% to close at 5,521.52, now down 10.1% from its record high. The Dow…
Spot Bitcoin ETFs have crashed into a bear market this year as they declined by over 20% from their all-time highs. Blackrock’s IBIT has tumbled to $45, while Fidelity’s FBTC and Ark Invest’s ARKB have fallen to $70 and $80, respectively. These ETFs have fallen and suffered significant outflows in the…