SoftBank Corp. and OpenAI are joining forces to roll out new artificial intelligence services for Japanese businesses next year, marking a major step in Japan’s push to harness AI across industries. The initiative, launched under the new joint venture SB OAI Japan, aims to provide enterprise-grade AI tools that accelerate business operations, including advanced voice […]
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The USD/ZAR exchange rate rose to 17.86 on Tuesday as investors reacted to Donald Trump’s trade war with South Africa. It rose to a high of 17.86, up from the year-to-date low of 17.50. US and China trade war and BRICS tariffs The South African rand has come under pressure this week for two main […]
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US stocks rose on Thursday, led by gains in the technology sector, after President Donald Trump announced new tariffs on imported chips with broad exemptions for companies manufacturing in the United States. The Dow Jones Industrial Average climbed 226 points, or 0.5%, while the S&P 500 added 0.5%. The Nasdaq Composite outperformed, rising 0.8%. Trump […]
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US stocks gained on Friday, setting the three major indexes on course to finish the week higher. The Dow Jones Industrial Average rose 139 points, or 0.3%, while the S&P 500 and the Nasdaq Composite each advanced 0.3%. For the week, the S&P 500 is tracking a 2% gain, the Dow is on pace to […]
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A once-close alliance between President Donald Trump and tech billionaire Elon Musk has spectacularly imploded, with Trump lashing out at Musk for forming a new political party. The President called the move “ridiculous” and asserted that his former ally had gone “completely off the rails.” This public falling out marks a dramatic end to a […]
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The digital assets industry displayed bullishness on Monday as the global crypto market cap surged 1.80% in the past day to $3.37 trillion. While altcoins targeted breakouts, Dogecoin has taken the lead, fueled by political developments. The original meme coin outshone top cryptos as it climbed from yesterday’s $0.1632 to an intraday peak of $0.1762 […]
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The feud between Elon Musk and President Donald Trump has entered a new phase—and investors are already weighing the ripple effects across industries. Tesla shares fell sharply Monday after Musk announced the launch of a new political party, while space rival Rocket Lab emerged as an unexpected beneficiary. Tesla stock was down 6.6% in premarket […]
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XRP went through a wild trading day on Friday, as the crypto started off around $2.82 but suddenly tumbled nearly 40%, hitting a low near $1.64 in just a few hours. This sharp drop shook up investors and sent trading volumes soaring. But just as quickly, XRP bounced back, climbing back to about $2.36 before […]
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The cryptocurrency market took a wild hit, as President Donald Trump’s sudden announcement of a 100% tariff on Chinese tech imports sparked a massive sell-off. This unexpected move dramatically escalated trade tensions, rattling investor confidence and triggering a heavy bloodbath across major cryptocurrencies. The shock sent prices tumbling, wiping out billions in market value and […]
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A steep crypto crash happened on Friday, leading to one of the biggest bloodbaths in the industry this year. Bitcoin price crashed to a low of $106,867, down by over 11% from its highest level this year. Altcoin had a worse performance, with some of the top laggards being tokens like Ethena (ENA), Mantle (MNT), […]
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