News

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.

HealthEquity Inc. (HQY) reported strong fourth-quarter results, with revenue up 19% year-over-year and 9.9 million health savings accounts (HSAs) as of January 31st, 2023. However, shares are sinking in after-hours trading, likely due to the company's guidance coming in slightly below estimates at the midpoint.

Samsung Electronics Co. is facing investor frustration due to its declining competitiveness in the AI and chip market. The company's leadership has apologized and pledged bold moves to regain its lost ground, including adjusting its supply chain, pursuing strategic acquisitions, and investing heavily in research and development.

Cathie Wood, founder of Ark Invest, predicts most meme coins will become worthless due to their lack of inherent value and warns investors of potential "fearsome declines." Despite her earlier optimism about the Trump meme coin, Wood emphasizes her firm's focus on established cryptocurrencies like Bitcoin, Ethereum, and Solana.