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2 minute read
  • Cryptocurrency
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Elon Musk’s Decision To Hide Likes On X: ‘Catastrophic For Crypto,’ Says Solana VC

By Murtuza Merchant
June 13, 9:33 AM
A recent change implemented by Elon Musk on X (formerly Twitter) making

SOL

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1 minute read
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What’s Going On With Nvidia Stock On Thursday?

By Anusuya Lahiri
June 13, 9:31 AM
Nvidia Corp (NVDA) is trading higher as TSMC looks to boost 3nm chip production and competitor Samsung meets with tech leaders to discuss AI and semiconductors. US government may add Russia to semiconductor embargo list.

AAPL

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1 minute read
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Alibaba’s Fintech Affiliate Ant Group Boosts Global AI Efforts with Multi-Billion Dollar Investment

By Anusuya Lahiri
June 13, 9:28 AM
Ant Group's 2023 research spending of $2.9B for AI development. Models powering Alipay's assistants and expanding globally. BABA stock faces challenges.

AIQ

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2 minute read
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Nike’s Bid To Trademark ‘Footware’ Thwarted By EU Court

By Shivani Kumaresan
June 13, 9:24 AM
Nike loses EU trademark case for 'footware' to Puma SE, ordered to pay legal fees. Can still appeal to higher court. Stock down 12% in past year.

FDIS

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‘Pop The Champagne Moment’ For Tesla? Analyst Says Shareholders Spoke Out Loud For Elon Musk: Here’s What To Expect At Thursday’s Annual Meeting

By Shanthi Rexaline
June 13, 8:48 AM
One of the overhangs that weighed on Tesla stock in recent sessions may have lifted but the company is still left to contend with a slew of fundamental challenges.

TSLA

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BYD Remains Dominant In China’s NEV Market In May, Tesla Makes Significant Gains: Report

By Nabaparna Bhattacharya
June 13, 8:47 AM
BYD Co., Tesla, Inc.'s leading Chinese competitor in the EV industry, maintained its dominance in China's new energy vehicle market last month.

BYDDF

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Apple, Nvidia Secure Future with Taiwan Semi’s Advanced Chips as AI Demand Soars

By Anusuya Lahiri
June 13, 8:44 AM
Apple, Qualcomm, Nvidia, and AMD have fully booked TSMC's 3nm chip production until 2026 due to high demand for AI technology, prompting TSMC to expand production and global presence.

AAPL

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Producer Inflation Rise Less Than Expected, Jobless Claims Soar: Thursday’s Economic Digest

By Piero Cingari
June 13, 8:43 AM
May producer inflation report shows less than expected rise, boosting optimism for sustained decrease in price pressures, while jobless claims rise.

QQQ

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This Ethereum Killer Is ‘Gearing Up For A Potential 40% Breakout’ Making It ‘One Of The Biggest Growth Stories Of This Cycle’

By Khyathi Dalal
June 13, 8:32 AM
The growth of the Telegram-adjacent Toncoin (CRYPTO: TON) network has not gone unnoticed among traders, who remain upbeat about its future potential.

$TON

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Wall Street Poised To Extend Record Run On Tech Strength, Tesla Soars, GameStop Rebounds: Analyst Says ‘Bull Market Has Legs Left’

By Shanthi Rexaline
June 13, 7:45 AM
Futures trading suggests a mixed start on Thursday, with tech stocks potentially helping to weather profit-taking-induced weakness. Broadcom Inc.

ADBE

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