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xAI is aiming for $200 billion valuation through a new fundraise

xAI is aiming for $200 billion valuation through a new fundraise

xAI, Elon Musk’s AI company, is reportedly getting ready to raise more money from investors. If it succeeds, it could push its value as high as $20...
AMD has been getting positive outlooks since Trump’s middle east trip

AMD has been getting positive outlooks since Trump’s middle east trip

Donald Trump has had a controversial few months as president, but companies like AMD and Nvidia may be seeing a silver lining. One of the president...
Coinbase (COIN) remains 27% up in 5 days despite hack fears and SEC heat

Coinbase (COIN) remains 27% up in 5 days despite hack fears and SEC heat

Coinbase is officially joining the S&P 500, making it the first crypto-native firm to enter the index. This move triggered a 9% rally with its shar...
Blackrock’s new Dubai Emirates NBD partnership opens UAE to fast-growing private markets

Blackrock’s new Dubai Emirates NBD partnership opens UAE to fast-growing private markets

Blackrock Inc. and Emirates NBD, a top bank based in Dubai, are developing a new platform that will make it easier for investors in the Middle East...
dYdX Foundation CEO Charles d’Haussy, forecasts DeFi boom to start in September

dYdX Foundation CEO Charles d’Haussy, forecasts DeFi boom to start in September

Charles d'Haussy, the dYdX Foundation CEO, projected that September would be the start of a months-long DeFi boom. d’Haussy argued at the Consensus...
Niantic in talks for $3.5B sale of Pokémon Go to Saudi-backed Scopely

Niantic in talks for $3.5B sale of Pokémon Go to Saudi-backed Scopely

Niantic, the game studio behind Pokemon Go, is reportedly in talks to sell its entire gaming portfolio to Saudi-owned Scopely for $3.5 billion. The...
Saudi Arabia’s US Treasury holdings hit four-year high

Saudi Arabia’s US Treasury holdings hit four-year high

Saudi Arabia’s investments in US Treasury bonds have soared to their highest point in four years. The Saudi Central Bank (SAMA) now holds $144 bill...
BlackRock Targets Middle East Market with Abu Dhabi License

BlackRock Targets Middle East Market with Abu Dhabi License

BlackRock has secured a commercial license to operate in Abu Dhabi, aiming to deepen ties with local sovereign wealth funds and investment vehicles...
Saudi Arabia to pour $100B into AI data centers and startups

Saudi Arabia to pour $100B into AI data centers and startups

The Kingdom of Saudi Arabia is planning a $100 billion investment into an AI project called Project Transcendence. According to a Bloomberg report,...
USDC Issuer Circle Outlines Expansion into Hong Kong, Readies for Public Listing

USDC Issuer Circle Outlines Expansion into Hong Kong, Readies for Public Listing

Circle advances its expansion into Hong Kong to position USDC at the forefront of Asia’s digital finance landscape, aligning with upcoming IPO plan...