While chip stock Nvidia (NVDA) is proving to be one of the biggest players around in data centers, cryptocurrency, and artificial intelligence
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,
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.
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 Nasdaq Composite (^IXIC) pared gains to finish the day up around 0.3%. The tech-heavy index had risen as much as 1% earlier in the session after consecutive sharp losses for the index. The benchmark S&P 500 (^GSPC) closed just above the flatline,
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