Nvidia revenues up 80% from ‘amazing’ demand for AI chips
Nvidia’s latest earnings have beaten Wall Street estimates on the top and bottom line as the chip maker said AI is advancing at “light speed.”
Nvidia’s latest earnings have beaten Wall Street estimates on the top and bottom line as the chip maker said AI is advancing at “light speed.”
A cybercrime group has launched a complex social engineering scheme with fake crypto job ads, a fake firm and a malicious meeting app.
The FBI says it “encourages” private sector entities to prevent Bybit hackers from laundering more funds from the $1.4 billion hack on Oct. 21.
EUR/GBP weakens as President Trump warns of 25% tariffs on the European Union The EU vowed to respond against Trump’s proposed tariffs. BoE’s Swati Dhingra emphasized the limits of central bank policy in tackling trade-related supply shocks. EUR/GBP extends its losses for the second consecutive day, trading around 0.8270 during Asian hours on Thursday. The … Read more
Gold prices fell in United Arab Emirates on Thursday, according to data compiled by FXStreet. The price for Gold stood at 342.63 United Arab Emirates Dirhams (AED) per gram, down compared with the AED 344.37 it cost on Wednesday. The price for Gold decreased to AED 3,996.43 per tola from AED 4,016.62 per tola a … Read more
Federal authorities arrested three individuals in California for allegedly laundering over $13 million from victims of crypto investment scams known as “pig butchering.” The suspects, including Chinese nationals Mingzhi Li and Zeyue Jia, along with Jun Shi, allegedly created shell companies—Magic Location Trading and Stone Water Trading—to operate unregistered money service businesses that funneled funds … Read more
BEIJING — U.S. chip giant Nvidia has flagged heightened competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company. In an annual filing Wednesday, Nvidia listed Huawei among its current competitors, including it in the list for a second straight year. The company, blacklisted by the U.S. for national security reasons, did not feature … Read more
BlackRock’s iShares Bitcoin Trust has just recorded its biggest single day outflow since launching in 2024.
The Index, which measures overall sentiment in the crypto market, has not seen levels this low since the collapse of multiple crypto firms in 2022.
Gold price drifts lower as an uptick in US bond yields allows the USD to move away from a multi-month low. The uncertainty over Trump’s tariff plans and trade war fears should act as tailwinds for the XAU/USD pair. Bets that the Fed will cut interest rates further this year might contribute to limiting losses … Read more