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Kalshi Is Targeting A $40 Billion Valuation The US Central Bank’s Preferred Inflation Gauge Hit Its Highest Level Since October 2023

Prediction market platform Kalshi is eyeing a $40 billion valuation in fresh fundraising talks, and US inflation came in hot in May – but while one s…

3 months, 1 week ago

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Chinese AI Firm Zhipu Is Up 2,000% This Year, And Global Defense Spending Is Rising

Chinese AI companies are making cheap AI models available to everyone, but whether that wins them the global AI race is still anybody’s guess – and w…

3 months, 2 weeks ago

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America Is Pushing Quantum Computing Hard, And Perpetual Futures Have Traditional US Exchanges Worried

The US is accelerating its quantum computing ambitions with new executive orders aimed at turning the technology into a strategic asset, and perpetua…

3 months, 2 weeks ago

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SpaceX Is Preparing A Bond Sale Worth $20 Billion Or More, And Emerging Markets Beat Earnings Expectations For The First Time In Four Years

Elon Musk’s recently-listed rocket company is looking to sell bonds now (and it’s in good company) – and after beating earnings expectations for the …

3 months, 2 weeks ago

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Alphabet And Amazon Are Taking A Page Out Of Nvidia’s Playbook, And Asia’s Tech-Heavy Indexes Hit Yet Another Record High

Big Tech firms are finally selling their in-house chips to the wider world, but Nvidia’s ready… it saw this challenge coming – while Japan’s, Taiwan’…

3 months, 2 weeks ago

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Apple’s Raising Product Prices As The Chip Shortage Bites, And The Bank Of England Kept Interest Rates Steady

With cloud giants snatching up memory and storage chips hand over fist, Apple and the rest of consumer tech are left to squabble over the scraps – wh…

3 months, 2 weeks ago

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HSBC Just Signed An AI Deal – And It’s Thinking About Job Cuts – While The Green Economy Hit $10 Trillion In Market Value

The bank’s deal with Alphabet shows how companies could turn AI into profit, using it to cut costs, boost revenue, and remake the workforce – while a…

3 months, 3 weeks ago

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Nvidia Waltzed Into The Bond Market And Raised $25 Billion, While The Bank Of Japan Raised Interest Rates To A 31-Year High

The AI darling doesn’t need the cash, but borrowing costs are low and investors are interested, so it’s financing some big-ticket projects on the che…

3 months, 3 weeks ago

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The US And Iran Announced A Ceasefire Deal, And America Told Anthropic To Block Foreign Users From Its Latest Models

Hormuz reopening could be on the horizon – and the news alone sent the Brent benchmark oil price to a three-month low – while the US just banned Anth…

3 months, 3 weeks ago

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SpaceX Lifted Off In The Biggest IPO Of All Time, And The Nasdaq 100 Shuffled Its Lineup

Elon Musk’s startup raised $75 billion on opening day, and that left investors wanting more – while the Nasdaq 100 is doubling down on AI, but that c…

3 months, 3 weeks ago

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