Alphabet stock GOOGL fell in trading on Thursday even after Google unveiled Gemini 4 Argon, its latest frontier artificial intelligence model, with analysts highlighting its performance across coding, cybersecurity and complex workflows. JPMorgan maintained its ‘Overweight’ rating on Alphabet following the announcement. In a note cited by TheFly, the bank said Google needs to “re-establish
OpenAI is seeking at least $30 billion in fresh funding at a valuation of about $1.4 trillion, while the 30-year US Treasury yield climbed above 5.61% to its highest level since 2002. Oil prices fell as Middle East exports improved, while gold recovered from a more than seven-week low. OpenAI seeking $30 billion funding OpenAI
US stocks ended lower on Tuesday as Treasury yields climbed to fresh multiyear highs, while investors assessed the outlook for interest rates ahead of key inflation and labour market data. The Dow Jones Industrial Average fell 136 points, or 0.26%, to 51,345.41. The S&P 500 declined 0.14% to 7,672.57, while the Nasdaq Composite slipped 0.08%
US stocks fell on Monday as rising oil prices and Treasury yields weighed on equities, while investors assessed uncertainty around the prospects for a US-Iran peace deal and its potential impact on Federal Reserve policy. The Dow Jones Industrial Average fell 343.78 points, or 0.66%, to 51,484.84. The S&P 500 declined 0.76% to 7,684.41, while
The crypto market was on edge over the weekend as the last rally of top altcoins being in the red. Bitcoin was stuck inside a narrow range above $84,000, while the valuation of all tokens rose to $2.89 trillion. This article looks at a forecast for some of the top tokens like Quant (QNT), Zcash
India’s 158-year old Tata Group is facing an unusually public battle over control, strategy and governance as the board of Tata Sons, the group’s principal investment holding company, finds itself at odds with the Tata Trusts, which control the company. The dispute, involving Tata Sons chairman N Chandrasekaran and Tata Trusts chairman Noel Tata, has
Nike (NKE) shares have come under pressure on Friday after a Bank of America analyst, Lorraine Hutchinson, downgraded the athletic footwear company to underperform. In her research note, Hutchinson lowered her price target on NKE to $30, signalling potential downside of another 15% from current levels. Her bearish call is particularly significant given Nike stock
Palantir stock is in a strong bull run and is slowly nearing its all-time high as the momentum that started in July gains steam. PLTR jumped to $191, its highest level since December 29, and 80% above its lowest level in July. This rally may continue, helped by its strong technicals and fundamentals. Palantir stock
Devon Energy (DVN) shares are pushing higher this morning following reports that activist hedge fund Toms Capital Management is urging the oil and gas producer to explore strategic alternatives, including an outright sale. Toms Capital is now one of the five largest DVN shareholders; its disclosure marks a “dramatic” escalation in investor pressure following the
Pepe (PEPE) has surged over 15% over the past 24 hours, outperforming many major cryptocurrencies as a wave of short liquidations added momentum to its advance. The meme coin has now gained roughly 50% in less than 10 days, putting a longer-term resistance breakout and the next potential upside target in focus. Derivatives activity has