Interview: ‘Big Tech’s AI capex is growing much faster than revenue,’ warns AvaTrade’s Kate Leaman

Interview: ‘Big Tech’s AI capex is growing much faster than revenue,’ warns AvaTrade’s Kate Leaman

Big Tech is pouring huge amounts of money into AI right now, and we’re already seeing a mix of quick wins and longer-term bets play out. Take Microsoft, Meta, and Amazon, their spending on AI infrastructure is skyrocketing. Some of that is paying off quickly, especially in cloud services and AI-powered advertising. But overall, they’re […]

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 Interview: Dipesh Karki on LenDenClub’s AI strategy, profit outlook, and regulatory challenges

Interview: Dipesh Karki on LenDenClub’s AI strategy, profit outlook, and regulatory challenges

LenDenClub, a regulated peer-to-peer lending platform, has expanded its focus on technology and automation since 2021. The company now uses over 20 AI and machine learning models to support credit assessment, borrower-lender matching, and collections. After reporting a ₹34 crore profit in FY25, it is strengthening its position across its P2P, loan service, and technology […]

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 Fraktion expands RWA tokenization platform with strategic acquisition of Pecule

Fraktion expands RWA tokenization platform with strategic acquisition of Pecule

Fraktion, a rapidly growing SaaS platform for the tokenization and management of real-world assets, has announced the acquisition of French fintech Pecule. The move seems to be aimed at accelerating its expansion and strengthening its foothold as the European leader in private asset tokenization and digital distribution. The acquisition marks a turning point for Fraktion […]

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 EUR/USD forecast ahead of the ECB interest rate decision

EUR/USD forecast ahead of the ECB interest rate decision

The EUR/USD exchange rate pulled back and crossed a key support level after the US released mixed economic numbers last week. It will now be in the spotlight this week as the European Central Bank (ECB) publishes its interest rate decision. Federal Reserve interest rate cut delay The EUR/USD exchange rate pulled back as hopes […]

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 US stocks unchanged as retail sales data signals resilient consumer

US stocks unchanged as retail sales data signals resilient consumer

The US markets opened largely unchanged on Friday, buoyed by retail sales data that pointed to continued consumer strength as the market digested hotter-than-expected wholesale inflation, as Wall Street prepared to close another week of gains. The S&P 500 index gained 0.03%, while the Dow Jones Industrial Average advanced 200 points, or 0.4%. The Nasdaq […]

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 Linda Yaccarino resigns as X CEO following Grok  controversy

Linda Yaccarino resigns as X CEO following Grok controversy

Linda Yaccarino on Wednesday announced her resignation as chief executive officer of X, Elon Musk’s social media platform, after two years in the role. Her exit comes just one day after Musk’s artificial intelligence chatbot, Grok, made and then deleted a series of antisemitic posts and comments referencing Adolf Hitler. Yaccarino did not provide a […]

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