Nvidia and a group of major technology companies on Monday launched a new initiative focused on AI safety and security for open models. The move comes as the technology industry faces growing concerns about the use of artificial intelligence in cyber attacks and increasing scrutiny of Chinese AI models. The initiative follows the disclosure of
Bitcoin (BTC) price is holding firm above the $65,000 mark as attention shifts from geopolitical headlines to one of the biggest events on this week’s economic calendar. After recovering from recent volatility, the world’s largest cryptocurrency is trading in a relatively tight range while market participants wait for the US Federal Reserve’s interest rate decision
Bloom Energy stock rose by over 5% in the premarket session as investors bought the dip ahead of the upcoming financial results on July 28. It rose to $194.5, up modestly from Friday’s low of $184. Even so, the stock remains nearly 50% below the highest point this year. So, will it rebound or continue
SpaceX SPCX is set to report its first quarterly earnings as a publicly listed company on August 4, but investors are increasingly focused on another event that could have an even bigger impact on its share price. Two business days after the earnings release, the company’s first lock-up period will expire, allowing pre-IPO investors to
The Roundhill Memory ETF (DRAM) is bracing for a pivotal week that could make or break its performance. DRAM has already plunged by over 31% from its highest point this year, and key earnings this week will determine its trajectory. Key DRAM ETF companies will publish their earnings Top companies in the DRAM ETF will
US stocks opened higher on Monday as easing tensions between the United States and Iran boosted investor sentiment, while a sharp decline in oil prices lifted travel-related stocks ahead of a crucial week featuring major technology earnings, key inflation data and the Federal Reserve’s interest rate decision. The Dow Jones Industrial Average climbed about 602
The gold market continued to struggle to attract a consistent safe-haven bid on Monday, even as fresh US economic data pointed to weaker-than-expected growth in the manufacturing sector. Gold prices showed limited reaction to the disappointing durable goods figures. Analysts noted that weaker manufacturing activity could potentially offer some support to the precious metal. Spot
Cardano (ADA) is trading at a decisive point after spending the past several sessions under sustained selling pressure. While bulls have managed to defend key support levels, repeated failures to reclaim higher resistance have left traders waiting for a clear directional move. With technical indicators sending mixed signals and derivatives traders maintaining a cautious stance,
Plug Power stock remains in a deep bear market after falling by over 50% from the highest point this year. This retreat will be put to the test on August 7 after the company publishes its financial results. So, will the stock rise or drop after its earnings report? Options market suggests high volatility after
Alphabet GOOGL shares rebounded on Monday after suffering a sharp selloff following last week’s quarterly earnings, with several Wall Street brokerages maintaining bullish recommendations even as they trimmed price targets in response to the company’s aggressive artificial intelligence investment plans. Shares of the Google parent rose nearly 3% at the market open, signalling that investors