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Concerns over the growth trajectory of a leading AI firm sparked a significant sell-off in chip stocks. Nvidia and Broadcom led declines, erasing billions in market value and dragging down the semiconductor sector, highlighting the outsized influence of AI giants on their supply chains and investor sentiment.
Read MoreVisa reports robust Q2 results, with net revenue and adjusted net income both jumping 17% year-over-year, beating analyst forecasts. Adjusted EPS reached $3.31, highlighting strong global payment volume growth and operational strength.
Read MoreUS intelligence agencies are analyzing Iran's potential reactions to a unilateral US victory declaration. The assessment weighs political pressures, regional threats from Iran's nuclear ambitions, and domestic election implications.
Read MoreU.S. stock markets closed lower on April 29th, with the Nasdaq leading declines. Technology stocks showed mixed performance, as chipmakers and social media shares fell while Apple and Microsoft gained. Investor caution prevailed.
Read MoreEthereum has decisively broken through the $2,300 resistance level, currently trading around $2,300.32 with a 0.58% gain in 24 hours. Heightened market volatility underscores the need for investors to implement prudent risk management strategies.
Read MoreA US Army Special Forces sergeant pleaded not guilty to charges of using classified information about a planned operation to profit on a prediction market. The case raises concerns about insider trading tied to national security.
Read MoreAmazon Web Services has introduced two AI-driven tools designed to boost productivity for logistics and recruitment teams. These tools automate key tasks, intensifying competition with cloud rivals like Microsoft and Oracle in the enterprise software market.
Read MoreOpenAI integrates its Codex programming assistant into Amazon's Bedrock cloud platform. This move allows developers to build and deploy advanced AI agents directly within AWS, enhancing accessibility and streamlining AI development workflows.
Read MoreOn April 29, the U.S. government imposed new sanctions on 35 Iran-linked entities and individuals, accusing them of helping Tehran evade international restrictions and providing critical funding. Treasury Secretary Besant warned that any institution involved in Iran's so-called 'shadow banking' system will face severe consequences, aiming to further isolate Iran's economic channels.
Read MoreIran may submit a revised diplomatic proposal to Pakistan in coming days, following U.S. dissatisfaction with initial terms. The potential multi-stage plan addresses conflict resolution, Strait of Hormuz security, and nuclear issues, with outcomes hinging on Iran's ability to present a more acceptable framework.
Read MoreA U.S. district judge has ordered tech executives involved in the Musk vs. OpenAI lawsuit to limit their social media commentary. The directive comes after public exchanges between the parties, with all involved pledging to comply ahead of Tuesday's court proceedings.
Read MoreGoogle unexpectedly withdrew from a $100M Pentagon drone swarm project after internal ethics review, citing resource constraints. The move followed employee concerns over military use of AI technology.
Read MoreIran reaffirms its right to take necessary measures within its territorial waters to address security threats in the Strait of Hormuz. It accuses the US of endangering international navigation safety and warns that any disruption to regional transport will be Washington's responsibility.
Read MoreOn-chain data reveals a mysterious whale, linked to BIT, has aggressively increased Ethereum long positions. Within an hour, the trader opened $68 million worth of ETH longs with 15x leverage. Currently holding 58,000 ETH across multiple wallets, the total position value is approximately $131.8 million with 15-20x leverage, following over $59 million in prior profits.
Read MoreCryptocurrency exchange Coinbase has announced plans to list Virtuals Protocol's VIRTUAL token for spot trading. The VIRTUAL-USD trading pair is scheduled to launch after 9 AM PT on April 29th, pending liquidity requirements. This move expands access to innovative social digital assets for a broader investor base.
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