Milan, Luxembourg, 23 February 2025 – Saipem and Subsea7 have announced an agreement in principle on the key terms of a potential merger through a memorandum of understanding […]
Markets
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Bybit Fully Recovers from $1.4B ETH Hack, CEO Confirms
Bybit CEO Ben Zhou has confirmed that the cryptocurrency exchange has fully replenished the $1.4 billion worth of Ether (ETH) stolen during a hack on Feb. 21. According […]
Technology
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Alibaba to Spend $53 Billion on AI Infrastructure Over Three Years
Alibaba Group Holding Ltd. has announced a significant investment plan of over 380 billion yuan ($53 billion) in AI infrastructure, including data centers, over the next three years. […]
Technology
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Palantir Sinks on Planned Pentagon Budget Cuts. Is It Time to Sell the Stock?
Shares of Palantir Technologies (PLTR) dropped significantly following Defense Secretary Pete Hegseth’s directive for the Pentagon to cut its $850 billion budget by 8%, or approximately $50 billion. […]
Markets
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Asia Stocks Track Wall Street Losses; Tech Sector Nervous Ahead of Nvidia Earnings
Most Asian stocks declined on Monday, following significant losses on Wall Street due to ongoing concerns over a slowing U.S. economy and rising trade tariffs under President Donald […]
Markets
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Watch These Nvidia Stock Price Levels With Earnings Report Set for Release Wednesday
Nvidia (NVDA) is under the spotlight as it prepares to release its highly anticipated earnings report after Wednesday’s closing bell. The chipmaker, known for surpassing Wall Street expectations […]
Technology
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Tech investor Prosus to buy Just Eat Takeaway.com for $4.3 billion
In a significant development in the European tech landscape, Dutch technology investor Prosus has announced an all-cash deal to acquire Just Eat Takeaway.com for approximately 4.1 billion euros […]
NewsLetter
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Trump Administration Rehires Some FDA Employees After Abrupt Firings
WASHINGTON — The Trump administration has begun rehiring some Food and Drug Administration (FDA) employees who were fired last week, according to agency sources. The firings were described […]
Markets
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Palantir Stock Faces Challenges Amid Pentagon Budget Cuts and Insider Sales
Palantir Technologies Inc. (NASDAQ:PLTR) is experiencing a downturn following announcements of planned Pentagon budget cuts, raising questions about the stock’s future. Concerns have been further fueled by continued […]
NewsLetter
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First passengers in overturned Delta flight sue, alleging negligence
One of the passengers aboard the Delta flight that crashed on February 17 while landing at Toronto Pearson International Airport has filed the first lawsuit against the airline, […]