U.S. stocks close higher as soft inflation revives bets on a patient Federal Reserve
U.S. stocks closed modestly higher on July 15, with megacap technology shares leading a broad advance as softer inflation data revived exp...
Databricks valuation climbs to $188 billion as demand for AI infrastructure accelerates
Databricks said this week it has reached a $188 billion valuation, cementing its position as one of the most richly valued providers of th...
China's Moonshot AI unveils open model it calls the largest yet, shaking faith in U.S. chip dominance
Chinese startup Moonshot AI unveiled what it describes as the world's largest openly available artificial intelligence model on Friday...
Japan leads G7 crypto policy as WebX 2026 backs Web3 and Circle wins USDC trust bank
Japan is cementing its status as the Group of Seven's most crypto-friendly regulator, as the WebX 2026 conference in Tokyo showcased s...
House panel holds CLARITY Act hearing as Bitcoin holds above $62,000 on regulatory hope
The U.S. House Financial Services Committee is holding a field hearing in New York on Friday on the Digital Asset Market Clarity Act, a fe...
Markets eye Michigan sentiment and Fed comments as soft inflation lifts stocks, oil spikes
Investors turned to a preliminary reading of U.S. consumer sentiment and remarks from a Federal Reserve official on Friday, weighing fresh...
PayPal shares surge 17% on report of $53 billion takeover approach from Stripe and Advent
Shares of PayPal surged roughly 17% after a report said Stripe and the private-equity firm Advent had made a takeover approach valued at a...
Xi Jinping expected to keynote Shanghai AI conference as 29 nations back cooperation body
President Xi Jinping is expected to deliver a keynote address at the opening of the World Artificial Intelligence Conference in Shanghai o...
Google rolls out Gemini 3.5 Pro with two-million-token window, escalating AI price war
Google began rolling out Gemini 3.5 Pro on Friday, a long-anticipated update that pairs a two-million-token context window with a more del...
Japan moves to reclassify crypto as financial instruments, clearing path for Bitcoin ETF
Japan is advancing legislation that would reclassify cryptocurrencies as financial instruments, a shift that could cut taxes and clear the...
Bitcoin tops $64,000, Ethereum nears $1,900 as soft inflation revives crypto risk appetite
Bitcoin climbed back above $64,000 and Ethereum approached $1,900 as softer U.S. inflation data revived appetite for risk assets and pulle...
Stocks climb as soft inflation and earnings hopes lift Wall Street; Apple hits records, chips lag
U.S. stocks advanced as softer-than-expected inflation data buoyed sentiment and reinforced hopes for a steady corporate earnings season, ...