Business News
- Nvidia says it has ‘largely conceded’ China’s AI chip market to Huawei
Nvidia CEO Jensen Huang said the company has "largely conceded" China's advanced artificial intelligence chip market to Huawei.
- Bloom Energy rises 12% after partnering with European AI infrastructure upstart in $2.6 billion deal
Nebius said Wednesday that it would deploy Bloom's fuel-cell technology to generate electricity faster and more quickly at its data centers.
- Spotify stock pops on guidance at first investor day since 2022
Spotify, which is holding its first investor day in four years, is now under the direction of co-CEOs Gustav Söderström and Alex Norström.
- Stellantis unveils $70 billion turnaround plan, targets positive cash flow by 2028
Stellantis CEO Antonio Filosa unveiled a new five-year strategic plan Thursday worth 60 billion euros ($69.7 billion).
- Oil prices jump more than 3% after Iran supreme leader says uranium must remain in country
Iran's position on its enriched uranium will likely complicate peace talks with the U.S.
- DNC releases 2024 election autopsy, party chair slams it
A disclaimer sits at the top of each page saying: "This document reflects the views of the author, not the DNC."
- Stellantis targets 35% North American sales increase, led by Ram Trucks and Chrysler revival
Stellantis said at an investor day Thursday that it plans to increase its North American sales by 35% by 2030.
- LIV Golf seeks to raise up to $350 million from investors as post-PIF reality sets in
LIV Golf is preparing to take its updated business plan and investor pitch on the road as soon as Thursday, in an effort to raise fresh capital.
- Quantum stocks soar as U.S. reportedly plans $2 billion ‘award’ and taking equity stakes
Quantum computing shares popped following reports that the U.S. government will award grants to nine firms operating in the space.
- Strategy's Michael Saylor says tokenization will let investors 'shop' for yield
Bitcoin evangelist Michael Saylor told CNBC's "Squawk Box" tokenization will pose a direct challenge to traditional banking and brokerage businesses.
Crypto News
- Bitcoin’s ‘less aggressive demand’ may lead to months of consolidation: Analysis
Bitcoin demand and ETF flows weaken as BTC struggles below $80,000, raising risks of prolonged consolidation or a drop toward $65,000.
- Boerse Stuttgart taps SocGen, flatexDEGIRO for EU blockchain settlement push
Boerse Stuttgart’s Seturion has partnered with Societe Generale, SG-FORGE and flatexDEGIRO to build a pan-European blockchain securities settlement system.
- Bitcoin treasury Nakamoto plans reverse stock split to save ailing share price
Shares in Nakamoto closed Wednesday at 16 cents. They are down more than 99% from May last year, when the stock traded above $25.
- SpaceX reveals larger-than-expected Bitcoin holdings in IPO filing
SpaceX is expected to go public next month, which would make its 18,712 Bitcoin holdings rank seventh among public companies.
- Key Bitcoin price metric used by bulls falls to six-week low, but there’s a silver lining
Profit-taking by Bitcoin traders pushed the Coinbase BTC premium to a six-week low, but demand from longer-term traders put a clear support under the range lows.
- Bitcoin rallies through $77K despite spot BTC ETF outflows topping $2B
Bitcoin finds footing above $77,000 despite investors’ worry over BigTech earnings results and $2 billion outflows from the BTC ETFs.
- Price predictions 5/20: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, ZEC, BCH
Bitcoin looks on track for a rally toward $80,000 while HYPE, ZEC and a handful of altcoins are pushing toward their range highs.
- Bitcoin sees fresh US sell-off as markets await Nvidia's major earnings event
Bitcoin struggles to overcome US selling pressure with markets on edge ahead of Nvidia's Q1 earnings report.
- Nearly 10% of Bitcoin supply is ‘structurally unsafe’ from quantum breakthrough: Glassnode
Analytics provider Glassnode identified 10% of Bitcoin supply as structurally exposed to a quantum breakthrough, underscoring the need for a quantum-proof implementation such as BIP-360.
- This Bitcoin price model targets ‘conservative’ $255K by year-end
Earlier, analysts at Bernstein and BitMEX co-founder Arthur Hayes also projected Bitcoin to reach new record highs in 2026.
General News
- French court finds Airbus, Air France guilty of manslaughter in 2009 crash
Airbus says it plans to appeal the ruling, which overturned 2023 acquittal of both companies.
- Israel’s arrogance is becoming the evidence in the case against it
Ben-Gvir’s video of flotilla activists reveals a state so accustomed to impunity that it documents its own cruelty.
- Germany make Neuer first-choice World Cup keeper to cap retirement U-turn
Manuel Neuer to start for Germany in World Cup on his return, despite Oliver Baumann long being labelled first choice.
- The implosion of Keir Starmer’s Labour
The UK has had six prime ministers in 10 years. Is it ready for a seventh?
- Sadio Mane, Kalidou Koulibaly star picks in Senegal’s World Cup squad
Iliman Ndiaye, Nicolas Jackson and Ismaila Sarr are other key players joining Mane in Senegal's World Cup forward line.
- Activists take part in a land convoy from Libya to bring aid to Gaza
Activists take part in a land convoy from Libya to bring aid to Gaza
- What’s behind the forced disappearances in Ecuador?
As Ecuador’s government cracks down on drug trafficking, how is it starting to impact civilians?
- Maths behind Hormuz toll: Is paying Iran for transit cheaper than blockade?
Economics of Hormuz closure are skewed towards Iran, so why won't the vessels just pay Tehran and sail away?
- What’s Trump’s ‘anti-weaponisation fund’ and why are legal experts alarmed?
Democrats argue that the fund will be used to compensate January 6 rioters pardoned by Trump.
- India-Africa summit postponed as Ebola spreads to M23-held DR Congo area
Efforts to stop the latest outbreak of the deadly disease have been hampered by armed conflict in eastern DR Congo.










