News

NVIDIA and General Motors announced a partnership to develop self-driving vehicles, adding to the competition Tesla faces in the autonomous driving space. Tesla plans to launch its first robotaxi service in Austin in June 2025, using Tesla-owned vehicles equipped with an unsupervised version of the company's Full Self-Driving (FSD) software.

AppLovin Corp (APP) has been under intense scrutiny in recent weeks, with its stock price plummeting over 40% following a barrage of short seller reports alleging fraudulent advertising practices. The company's shares have taken a nosedive, dropping from a high of $525 to a current level of $278.84, raising serious concerns about its long-term viability.

Bitcoin has experienced a significant price drop of 16% in the past month, prompting concerns among analysts about a potential shift towards a macro downtrend. Key indicators, such as increased profit-taking by large investors and miners, alongside a dramatic decrease in capital inflows, suggest a possible entry into a bear market phase.

Nvidia unveiled Groot N1, a foundation model for humanoid robots, aiming to address the labor shortage with intelligent robots capable of mimicking human cognition. This open-source model features a dual-system architecture for understanding, planning, and executing tasks, marking a significant step forward in embodied AI.

Bitcoin's recent 16% drop has sparked concerns of a macro downtrend, with analysts pointing to indicators like profit-taking by large investors and miners, and plummeting capital inflows. These factors suggest a potential shift towards a bear market, with key support levels identified in the $66,000-$69,000 range.