All eyes are on Anthropic this morning as it closed a deal to raise $3.5 billion in fresh capital. The latest funding round valued the OpenAI rival at a whopping $61.5 billion.Anthropic’s new milestone underscores continued interest in artificial intelligence startups that many believe will shape the future of technology.Notable…
The iShares Silver Trust (SLV), the largest silver-affiliated ETF, has been in the green for 6 out of the past 9 weeks. On Monday, it held steady above the crucial support zone of $28.00 to trade at $28.91 as at the time of writing.Heightened safe haven demand, coupled with the…
The S&P 500 index crashed to its lowest level since January this year as most constituent components plunged. It dropped to a low of $5,850 on Monday, down sharply from the year-to-date high of $6,127. Other indices like the Dow Jones and the Nasdaq 100 also plunged. Here are the…
The cryptocurrency market saw a sharp selloff on Tuesday, wiping out recent gains across major digital assets. Bitcoin (BTC) once again dropped to the $84,000 level, reversing its rally after former US President Donald Trump’s announcement regarding a crypto reserve. Source: CoinMarketCapEthereum (ETH), XRP, and Solana (SOL) also experienced significant…
Asian markets saw broad losses on Tuesday, with Japanese stocks leading the declines after US President Donald Trump reaffirmed plans to impose tariffs on Mexico and Canada. Investors also reacted to China’s decision to introduce additional tariffs on select US goods, adding to global trade tensions.Japan leads losses; South Korea…
Chinese stocks have been “dead money” for an investment point of view for quite some time, but Michael Gayed of “The Lead-Lag Report” believes that could change in 2025. The market veteran now expects Chinese equities to outperform their US counterparts over the next four years.“If you’re going to do a…
Canadian stocks remained under pressure this week as concerns about the new trade war with the United States continued. The TSX Composite index retreated to a low of C$25,000, down by 3.45% from its highest point this year. So, what next for the blue-chip index as the Canadian dollar and…
All eyes are on iDEGEN this morning as it prepares to launch on BitMart in just a few hours.Investors flocked to the meme coin during the presale, believing continued interest in artificial intelligence enabled platforms could drive significant price gains in 2025.“Every time someone tweets at iDEGEN, its AI absorbs…
The biggest dating stocks have plunged in the past few years as consumers remained adamant about paying. Match Group and Bumble stocks have imploded, shedding billions of dollars in value. Grindr stock, however, has continued to fire on all cylinders and is hovering at its highest level since November 2022.Grindr…
Kroger announced on Monday that CEO Rodney McMullen has stepped down following a board investigation into his personal conduct. The company said that his personal conduct, “while unrelated to the business, was inconsistent with Kroger’s Policy on Business Ethics.” It did not specify the nature of the misconduct.The board was…