In the fourth quarter, several prominent hedge fund managers sold Nvidia (NASDAQ: NVDA) and bought the iShares Bitcoin Trust (NASDAQ: IBIT), an exchange-traded fund issued by BlackRock that tracks the price of Bitcoin.
CoreWeave, a cloud computing firm backed by Nvidia Corp (NASDAQ:NVDA), is racing toward an IPO. It aims to raise $4 billion at a valuation north of $35 billion. CoreWeave could file for a U.S. listing within a week,
In the fourth quarter, Millennium trimmed its position in the artificial intelligence (AI) chip king Nvidia and piled into a BlackRock exchange-traded fund (ETF) that MicroStrategy co-founder Michael Saylor thinks could soar 13,200%.
XRP's (CRYPTO: XRP) token price is heading lower in Friday's trading. The cryptocurrency was down 2.4% over the previous 24 hours as of 6:50 p.m. ET. The cryptocurrency market's pullback is continuing in today's trading,
NVIDIA reported Q4 revenue of $39.3 billion, a remarkable 78% YOY increase. Explore whether it will be a signal for the next AI tokens boom.
In the last 24 hours, BlackRock transferred over $160 million in BTC to Coinbase, which were outflows from iShares Bitcoin Trust ETF IBIT, according to Arkham Intelligence. Similarly, Ethereum plunged to an intraday low of $2,255.05, its lowest since Donald Trump's presidential victory.
The largest cryptocurrency by market value dropped as much as 7% to $78,273, its lowest since November 10 and on track for 5 straight days of decline.
The tech-heavy Nasdaq Composite finished the volatile trading day down around 1.3%, dragged down by shares of Magnificent Seven players like Nvidia and Tesla . The benchmark S&P 5
US stocks failed to make headway higher amid ongoing inflation, tariff and economic worries. Nvidia earnings and inflation data are due this week.
The U.S. dollar firmed in Asia on Thursday and Treasury yields ticked higher as investors assessed the outlook for tariffs and the economy under U.S. President
European share markets slipped on Thursday following a threat from U.S. President Donald Trump to impose 25 per cent tariffs on imports from the EU, but stocks globally held broadly steady after Nvidia's results threw up no big surprises.