
Author Cryptopolitan14 hours ago
Cloud and software stock names were the rare green on Thursday, while the wider market sank. The WisdomTree Cloud Computing Fund (WCLD) rose 2.7%, setting up its best session since April 24, when it jumped 4.7%. Traders kept buying cloud tickers even as oil ripped and the main indexes slid hard. The broader stock drop […]

Author CryptopolitanYesterday 01: 57
Nvidia CEO Jensen Huang says Nvidia’s $30 billion check to OpenAI could be the last one. He said OpenAI may go public near the end of the year. Speaking Wednesday at the Morgan Stanley Technology, Media & Telecom Conference, Jensen said Nvidia is not planning another big round. He also rejected the number floated in […]

Author CryptopolitanYesterday 01: 56
China’s Xiaomi says it wants a new smartphone processor every year. President Lu Weibing said the plan is currently a yearly upgrade cycle. Lu spoke Tuesday in Barcelona on the sidelines of the Mobile World Congress trade show. He also said Xiaomi is getting ready to launch an AI assistant for users outside China as […]

Author CryptopolitanFeb 12, Thu
Cisco just dropped over 10% in after-hours trading. That’s after it actually beat estimates. The problem? Its outlook didn’t impress anyone. Wall Street doesn’t care if your last quarter was decent. If your next one looks soft, the stock tanks. That’s what happened here. The company posted $1.04 in adjusted earnings per share, better than […]

Author BeincryptoFeb 12, Thu
The Robinhood stock price has rebounded nearly 23% since its February 5 low near $71. On the surface, this looks like a strong recovery for HOOD. The company also just posted its best financial year o