Nvidia (NASDAQ: NVDA) once again defied the laws of gravity this week, delivering a fourth-quarter earnings report that shattered Wall Street’s lofty expectations. For most sectors, a rising tide lifts all boats, but in the hyper-competitive semiconductor space, Nvidia’s dominance is increasingly acting as an anchor for its rivals. Despite reporting a massive “beat and
Eos Energy Enterprises (EOSE) saw its shares plummet today following a fourth-quarter earnings report that, on the surface, looked like a classic “miss.” Despite a staggering 700% year-over-year revenue surge, the company’s 2026 guidance came in softer than analysts expected, and net losses remained wide. For the faint of heart, the immediate double-digit drop is
Shares of Accenture climbed on Thursday after the consulting giant announced a multi-year partnership with French artificial-intelligence startup Mistral AI. The stock was up about 6% at $202.98 in midday trading. Under the agreement, Accenture will gain access to Mistral AI’s models for use across its consulting and technology services. Financial terms were not disclosed.
The Hang Seng Tech Index continued its strong downward trend this week as some key Chinese technology companies published weak financial results and as mainland Chinese investors continued selling Hong Kong shares. It tumbled to a low of H$5,100, its lowest level since June last year, and is down by over 23% from its highest
Paramount Skydance has prevailed in the high-stakes takeover battle for Warner Bros. Discovery after Netflix declined to match the David Ellison-led group’s improved offer, reshaping the competitive landscape of the global media and streaming industry. Warner’s board determined that Paramount’s $31-per-share all-cash proposal for the entire company was superior to Netflix’s earlier agreement to purchase
President Trump delivered the longest State of the Union address in modern history, which was just under 1 hour and 48 minutes. He declared that America is “bigger, better, richer and stronger than ever before” and that “the roaring US economy is roaring like never before.” The US president says one thing, the data says
Filecoin (FIL) is showing signs of renewed strength after a recent pullback in its price. The token is currently trading around $1.02, bouncing off key support levels that have historically attracted buyers. This move comes after FIL experienced a short-term correction, which many analysts now view as a healthy retracement after surging to an intraday
Grvt, a privacy-focused decentralized exchange built on its own zero-knowledge appchain using the ZKsync stack, has announced an integration with decentralized lending protocol Aave that allows traders to earn yield on posted collateral while maintaining open trading positions. The company said the feature introduces “composable yield” to perpetual futures trading. Through the integration, eligible collateral
Gold edged higher on Thursday as uncertainty over US tariff policy, renewed geopolitical tension, and fresh US labour data supported safe-haven demand. A softer dollar added to gains, while investors digested weekly jobless claims figures and monitored developments in US-Iran nuclear talks taking place in Geneva. Spot prices held near recent highs after a strong
Warner Bros. Discovery reported lower revenue and a wider-than-expected loss in its latest quarter, as pressure across its traditional television businesses overshadowed continued growth in streaming. The results come as the media group remains at the centre of a high-stakes takeover contest involving Netflix and Paramount Skydance. The company posted a fourth-quarter net loss of