Today's news
Nvidia and xAI Join Forces with Microsoft and BlackRock to Invest $100 Billion in AI Infrastructure
Nvidia and Elon Musk's xAI have joined forces with a consortium backed by Microsoft and BlackRock to accelerate the development of robust AI infrastructure in the United States, aiming to invest up to $100 billion in AI-related projects. This collaboration comes amid a global race for AI dominan...
Financial Services
Progress Amidst Geopolitical Uncertainty and Economic Challenges
Bulgaria's central bank governor, Dimitar Radev, highlighted the country's progress towards joining the eurozone, emphasizing its compliance with convergence criteria despite geopolitical risks. EBRD President Odile Renaud-Basso echoed this sentiment, acknowledging Bulgaria's advancement...
Communication Services
Meta AI Launches in Europe, But With Limited Functionality Due to Data Protection Regulations
Meta AI, the long-awaited AI-powered virtual assistant from Meta, has finally launched across Europe, but with limited functionality due to compliance with the European Union's stringent data protection laws. Despite these restrictions, Meta remains committed to expanding its AI capabilities in ...
Yesterday's news
Cryptocurrency Market Retraces Gains After Trump's Address, Analysts Remain Cautiously Optimistic
Cryptocurrency prices saw a slight retracement on Thursday following President Trump's...
ETF
Energy
Australia's Gas Consumption Falls, Easing Short-Term Concerns but Raising Long-Term Questions
Australia's gas consumption is falling faster than expected, leading to a revised outl...
Healthcare
Proposed Law Change Aims to Improve Language Integration for Returning Children in Bulgaria
Bulgarian Education Minister Krasimir Valchev has proposed a change in the law to require ...
Commodities
The Future of Coding - Exploring the Potential Impact of Artificial Intelligence on Developers
OpenAI CEO Sam Altman predicts that AI will eventually reduce the need for software engine...
Industrials
30 Years Since the World's First Chemical Terrorist Attack
Thirty years ago, the Aum Shinrikyo cult launched a sarin gas attack on the Tokyo subway, killing 14 and injuring over 6,000 in the world's first indiscriminate chemical weapons attack. The perpetrators, disguised as commuters, released the deadly gas during the morning rush hour, causing widesp...
Consumer Cyclical
Retailer Faces Declining Mall Traffic and Online Competition
Fast-fashion retailer Forever 21 has filed for Chapter 11 bankruptcy protection for the second time in six years, citing declining mall traffic and increased online competition. The company plans to conduct liquidation sales across its US stores while undergoing a court-supervised sale and marketing...
Financial Assets
Latest news
Nvidia and xAI Join Forces with Microsoft and BlackRock to Invest $100 Billion in AI Infrastructure
Nvidia and Elon Musk's xAI have joined forces with a consortium backed by Microsoft and BlackRock to accelerate the development of robust AI infrastructure in the United States, aiming to invest up to $100 billion in AI-related projects. This collaboration comes amid a global race for AI dominan...
Retailer Faces Declining Mall Traffic and Online Competition
Fast-fashion retailer Forever 21 has filed for Chapter 11 bankruptcy protection for the second time in six years, citing declining mall traffic and increased online competition. The company plans to conduct liquidation sales across its US stores while undergoing a court-supervised sale and marketing...
