News
Important Only
Oil services provider Flowco seeks up to $2 bln valuation in US IPO
Jan 7 (Reuters) - Oilfield services provider Flowco Holdings on Tuesday said it is seeking a valuation of up to $2 billion in its initial public offering in the United States, aiming to leverage last year's capital market rebound.
Reuters
Tue, Jan 7
Shiba Inu Large Transaction Volume Up 40%, Burn Rate Crashes 71.5%, What’s Going On?
Shiba Inu is starting to reverse some of its price losses in December as the crypto industry reacts after Bitcoin’s recent break above the $100,000 psychological level. This has seen the activity of Shiba Inu increase notably in the past few days.
Bitcoinist
Tue, Jan 7
Microsoft to invest $3 bln in India, to expand AI and cloud capacity
Microsoft MSFT.O will spend $3 billion to expand its Azure cloud and artificial intelligence (AI) capacity in India, CEO Satya Nadella said on Tuesday, doubling down on a country with tech expertise and low costs to help turn such investments profitable.Reuters
Tue, Jan 7
Lululemon rises after Bernstein upgrades to 'outperform' on potential recovery in Americas
** Shares of athleisure wear maker Lululemon Athletica LULU.O up 1.6% at $401.80 premarket** Bernstein upgrades stock to "outperform" from "market perform", raises PT to $460 from $360** Brokerage says co's Americas business has "bottomed" and is now set for a modest recovery, following growth decelReuters
Tue, Jan 7
CNY: It’s not just about a strong US Dollar – Commerzbank
At the end of last week, USD/CNY broke above 7.30, which previously had been successfully defended in the last days of 2024. Yesterday, the exchange rate even rose to almost 7.33 before falling again in the wake of various reports about the impending US tariffs.
Fxstreet
Tue, Jan 7
Intel CES 2025 unveils new AI PCs! Analysts comment not enough surprises?
TradingKey - The former semiconductor leader, Intel (INTC.US), is striving to catch up in its AI business, which has lagged far behind its peers. It recently made a blockbuster launch of the new Intel Core Ultra series processors at the CES 2025, achieving breakthroughs in both performance and...TradingKey
Tue, Jan 7
Tesla Vehicle Delivery Trends Are Concerning, and Shares May Be Overvalued
Tesla (NASDAQ: TSLA) stock is off to a stumbling start in 2025. At the time of this writing, shares are down nearly 2% year to date. The pullback is due to the company's latest vehicle delivery numbers spooking some investors.The Motley Fool
Tue, Jan 7
Buy Dell and TD SYNNEX shares in 2025, avoid IBM, Pure Storage: UBS
Investing.com -- Dell (NYSE:DELL) and TD SYNNEX (NYSE:SNX) are UBS's top picks for 2025, while IBM (NYSE:IBM) and Pure Storage (NYSE:PSTG) are listed as least favored, the bank revealed in its enterprise hardware and networking sector outlook.Investing.com
Tue, Jan 7
Crypto Market Optimism Grows: Bernstein Predicts Major Developments For 2025 – Details
As the crypto market enters what Bernstein analysts refer to as its “Infinity Age,” a surge of positivity has arisen, especially with Bitcoin (BTC) recovering its momentum and rising toward the $102,000 level at the week’s start.
CES 2025 Jen-Hsun Huang Keynote Speech: the Launch of Llama Nemotron further Strengthen the High Moat of CUDA-Based Ecosystem!
NVIDIA CEO Jen-Hsun Huang announced a series of new products at CES 2025. TradingKey Analyst, Frank said NVIDIA's high moat based on the CUDA ecosystem is further strengthened.TradingKey
Tue, Jan 7
$97 billion backed AI startups in 2024, the largest on record
AI startups in the United States raked in an unprecedented $97 billion in funding last year. That’s nearly half of the $209 billion raised by all US startups in 2024. It’s a big number—biggest ever—and it’s no surprise when you consider the names driving it: xAI, OpenAI, and Anthropic.Cryptopolitan
Tue, Jan 7
Ethereum Eyes $4,000 Breakout With Bullish Inverse Head-And-Shoulders Setup – Details
Ethereum (ETH) surged past the local resistance at the $3,670 price level earlier today, rekindling hopes for a successful breakout through the persistent $4,000 resistance. Some crypto experts are optimistic that ETH might finally be poised to reach new all-time highs (ATH).Gold gains on softer dollar as market ponders Trump tariffs
Jan 7 (Reuters) - Gold prices rose on Tuesday, helped by a weaker U.S. dollar as traders pondered whether President-elect Donald Trump's tariff plans would be less aggressive while awaiting U.S. jobs data to gauge the Federal Reserve's interest rate trajectory.
Canadian Prime Minister Trudeau Resigns. Who Will Succeed Him? US Trump Extends an Olive Branch
TradingKey - On January 6th, under pressure such as suspected internal strife within the party and a decline in suppoting rate, Canadian Prime Minister Justin Trudeau resigned as the leader of the Liberal Party and as prime minister. Currently, there is heated discussion in various sectors about...
TradingKey
Tue, Jan 7
MediaTek's "Two Big Moves" at CES 2025! Singled Out by NVIDIA and Teaming Up with IntelliGoto Showcase AI Voice
TradingKey - On January 7th, MediaTek (2454.TW), one of the world's top semiconductor manufacturers, showcased AI elements at CES 2025, known as the "Tech Spring Festival Gala". After being named by NVIDIA's Jensen Huang, it attracted much attention and its share price soared to an all-time high...TradingKey
Tue, Jan 7
