Shares of Robinhood fell about 8% in pre-market trading on Wednesday after the company reported weaker-than-expected third-quarter profit. A sharp drop in cryptocurrency revenue offset strong growth in options trading and prediction markets. The brokerage posted earnings of 51 cents
Russian citizens will no longer be able to buy or sell cryptocurrency directly with each other from July 1, 2027, according to guidance from the Bank of Russia. The central bank said in a set of frequently asked questions that
Bitcoin climbed to a one-week high near $84,500 on Wednesday, October 21, as the crypto market recovered from a mid-October slide. The largest cryptocurrency rose 2.5% over 24 hours after falling below $80,000 earlier in the month. XRP and Zcash
Business
Digital asset markets faced severe downward volatility on Thursday as macroeconomic headwinds and geopolitical tensions triggered a broad selloff across major cryptocurrencies. Investors actively monitoring the markets are asking about Cardano price falling dynamics after the ADA token erased its
AI
Meta has introduced Muse Wonder and Muse Wonder Full, its latest artificial intelligence models for coding and agent-based tasks. The systems can handle multi-step work across personal and professional settings. Meta says they can help users review leases, manage insurance-related
Apple Inc. (AAPL) experienced a notable surge in its stock value on Tuesday, climbing 7% to achieve a record high for the year 2024. This rise came in the wake of the company’s revelation about its latest venture into artificial
In a monumental move blending technology and media, OpenAI and News Corp. have announced a multi-year collaboration, marking a significant milestone in the convergence of journalism and artificial intelligence. Under this historic agreement, OpenAI, the brainchild of tech luminary Sam
As artificial intelligence (AI), cryptocurrency, and remote work gain momentum, the accompanying surge in data center operations is raising concerns among experts about its impact on global energy consumption and climate change mitigation efforts. According to experts interviewed by ABC
Meta Platforms, the parent company of Facebook, surged in trading today following the debut of its latest artificial intelligence model, as CEO Mark Zuckerberg sets his sights on dominating the AI landscape. The tech behemoth, valued at over a trillion
In a move set to galvanize the landscape of artificial intelligence (AI) development, Microsoft has announced a hefty $1.5 billion investment in G42, the foremost AI technology holding company headquartered in the UAE.
In a landmark move, the European Union’s parliament has greenlit the world’s pioneering comprehensive regulatory framework to govern the burgeoning realm of artificial intelligence (AI). This groundbreaking legislation, known as the EU AI Act, sets forth a nuanced categorization of AI technologies based