Elon Musk’s xAI could be valued at higher-than-expected $20B as investor demand surges: sources
Elon Musk’s new AI startup could receive a higher-than-expected valuation of $20 billion in its first funding round, with investor demand surging as the process nears completion, the post says. I got it on paper. Musk’s xAI (which powers the sneaky Grok chatbot) could raise $7 billion to $8 billion at its lofty valuation as […]
Gen Zers are ‘fed up’ with Biden as support for Trump surges
Campus Reform Correspondent Emily Sturge joined ‘Fox & Friends First’ to discuss why she believes Trump’s support has surged … source
Dow surges nearly 500 points after Fed hints at rate cut
Stocks on Wall Street were volatile but soared Wednesday. The Fed left its main interest rate unchangedwas in line with expectations, but indicated that the next move in interest rates would likely be a rate cut. The Dow Jones Industrial Average rose 476 points, or 1.3%, to $38,292. The S&P 500 rose 0.9% and the […]
Florida real estate inventory surges, sellers slash prices
Real estate inventory in some parts of Florida has skyrocketed to uncomfortable levels, and sellers are starting to cut prices, according to the report. On Florida’s West Coast, the number of homes for sale and the rate at which current owners are reducing their asking prices has skyrocketed. According to the report Real estate company […]
Microsoft revenue surges 17%, driven by AI gains, ChatGPT partnership
Microsoft on Thursday reported third-quarter revenue that beat Wall Street expectations, driven by gains from AI adoption across its cloud services and business software products. Revenue rose 17% to $61.9 billion in the quarter that ended in March, compared with analysts’ consensus estimate of $60.8 billion, according to LSEG data. Shares of the Redmond, Washington-based […]
Tesla Stock Surges Despite Dismal Quarter as Elon Musk Promises Affordable EVs by 2025
Tesla shares rose after CEO Elon Musk announced that the company aims to begin producing affordable electric vehicle models by early 2025, or perhaps later this year. Shares rose about 12% in premarket trading Wednesday. This recovery came despite dismal earnings, including a 55% drop in first-quarter net income. CNBC report Despite Tesla’s disastrous first […]
Money Supply Surges To Highest Level In Over A Year
The amount of money in circulation in the United States is expanding rapidly, a warning sign that inflation could continue to rise. The so-called M2 money supply includes currency, savings accounts, and retail money market funds. Money supply rose to a one-year high, increasing 0.8% from a year ago, according to data released Tuesday afternoon. […]
Dow surges more than 400 points as investors brace for Big Tech earnings
U.S. stocks fell on Monday after heavy losses in pre-market trading as easing tensions in the Middle East boosted risk appetite and investors looked forward to a volatile week with major tech results and important inflation trends. has soared in volatile trading. The Dow Jones Industrial Average rose 430 points, or 1.1%, to $38,417, the […]
Danny Willett surges in first round after nearly sitting out Masters
AUGUSTA, Ga. — 2016 Masters winner Danny Willett shot a 4-under 68 in Thursday’s opening round of the Masters, the third-lowest round of any early tee time. His performance was especially surprising since he was coming back from shoulder surgery and wasn’t even sure if he would be able to play in the game until […]
Toncoin Nearly Flips Dogecoin as TON Surges – Decrypt
Toncoin, a cryptocurrency originally developed by Telegram and then handed over to the open source community, is slowly approaching the market capitalization of the OG meme coin, Dogecoin. Toncoin experienced a huge rally in the previous day, rising 7.31% and taking its market capitalization to a massive $25 billion, just $2 billion behind Dogecoin’s $27.6 […]