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Stocks
Better Artificial Intelligence Stock: Nvidia vs. AMD
Even with new export controls cutting off a vital market in China, demand for advanced chips used to power artificial intelligence (AI) infrastructure remains high. While there is a growing market for custom AI chips, the most commonly used chips for running AI workloads are graphics processing unit...The Motley Fool
Mon, Jun 2
Stocks
Why Meta Platforms Stock Soared on AI News Today
Many investors were jumping aboard Meta Platforms (NASDAQ: META) stock on Monday, so much so that the pricey social media company's shares rose by almost 4%. Much of this was a reaction to a media report stating that Meta would lean heavily on artificial intelligence (AI) to boost its revenue. The s...The Motley Fool
Mon, Jun 2
Other
Uber delivery business head departs; insider Macdonald appointed COO
June 2 (Reuters) - Uber Technologies UBER.N said on Monday the head of its delivery business, Pierre-Dimitri Gore-Coty, is leaving the company after nearly 13 years. As senior vice president of Uber's delivery unit, Gore-Coty oversaw the company's Uber Eats business as well as grocery and ot...Reuters
Mon, Jun 2
Cryptocurrencies
Tesla is currently not interested in establishing manufacturing operations in India
Tesla has shown an obvious reluctance to commit to local electric vehicle (EV) manufacturing in India, even though the country is currently offering significant incentives to encourage such investments. According to what a federal minister said on Monday as the government finalized its electric vehicle policy, Tesla’s plans are currently focused on importing cars into […]Cryptopolitan
Mon, Jun 2
Cryptocurrencies
Binance Taker Buy/Sell Ratio Falls Below 1.0 as Bitcoin Sees Renewed Selling
Bitcoin (BTC) has experienced a noticeable retracement after recently achieving a record high above $111,000 last month. Currently priced at $104,115, the cryptocurrency has declined approximately 5.2% in the past 7 days, marking roughly a 7% drop from its peak price. This sudden decrease has sparke...NewsBTC
Mon, Jun 2
Stocks
Palantir Stock vs. Taiwan Semiconductor Stock: Wall Street Says Buy One and Sell the Other
Following the end of each calendar quarter, institutional investors are required by the Securities and Exchange Commission (SEC) to file a Form 13F. A 13F serves as a public ledger, breaking down which stocks the "smart money" on Wall Street bought and sold during the most recent quarter.For the las...The Motley Fool
Mon, Jun 2
Cryptocurrencies
Mutuum Finance (MUTM)’s CertiK Audit Boosts Confidence for 25x Price Growth
In the world of decentralized finance (DeFi), one of the biggest threats to investor funds is the security of smart contracts. Projects with strong utility and promising growth potential have collapsed overnight due to poorly written code or malicious backdoors. Countless hyped tokens, despite massive community support, failed solely because they overlooked this critical component: […]Cryptopolitan
Mon, Jun 2
Stocks
Parsons falls after removing confidential contract effects from 2025 forecast
** Shares of cybersecurity firm Parsons Corp PSN.N fall 5% to $60.8 after the bell** Company removing anticipated financial effects of confidential contract from annual guidance for any period after June 2025, in response to State Dept overhaul - PSN** Company lowers 2025 revenue forecast to $6.45 b...Reuters
Mon, Jun 2
Commodities
Oil gains on supply concerns as wildfires disrupt Canada supply, OPEC+ keeps output plans unchanged
OPEC+ to raise output by 411,000 bpd in JulyUS dollar weakens on fresh tariff threatsCanadian thermal oil sands operators shut production due to wildfiresBy Nicole Jao NEW YORK, June 2 (Reuters) - Oil prices climbed nearly 3% on Monday on supply concerns as producer group OPEC+ decided not to acc...Reuters
Mon, Jun 2
Cryptocurrencies
Microsoft plans to upgrade its data centers in Zurich and Geneva with advanced GPUs to meet growing AI demand
Microsoft has announced its plans to foster the growth of digital infrastructure, artificial intelligence technology and startup growth in Switzerland with a $400M investment deal. Microsoft has announced that it will be pouring $400M into enhancing Switzerland’s digital infrastructure. The company is especially focused on expanding the country’s cloud and AI capabilities, empowering startups, developing […]Cryptopolitan
Mon, Jun 2
Stocks
Vanguard files for new ex-China emerging markets ETF
Vanguard plans new, low-fee ex-China emerging markets fundNew ETF would bring roster of ex-China products to 13Appetite for ex-China emerging markets waning amid Chinese stock reboundBy Suzanne McGeeJune 2 (Reuters) - Asset management giant Vanguard Group plans to launch a new exchange-traded fund (...Reuters
Mon, Jun 2
Commodities
CANADA-CRUDE-Discount on Western Canada Select heavy crude widens; wildfires affect production
June 2 (Reuters) - The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) CLc1 widened on Monday but remained in historically tight territory as wildfires affected Canadian oil production.WCS for July delivery in Hardisty, Alberta, settled a...Reuters
Mon, Jun 2
