The U.S. Justice Department and FTC have finalized a deal to potentially investigate Microsoft, OpenAI, and Nvidia for antitrust violations in the AI sector. This move reflects increased scrutiny on AI industry leaders like Nvidia, valued at over $3 trillion. The DOJ will handle Nvidia's compliance, and the FTC will examine OpenAI and Microsoft.
The highly anticipated launch of Ethereum (CRYPTO: ETH) exchange-traded funds (ETFs) in the United States may see a more subdued response compared to the initial
U.S. stocks are priming for a narrowly mixed start ahead of the all-important non-farm payrolls data, an important piece of economic evidence the Federal Open Market Committee would consider while deliberating on the Fed funds rate next week.
Asian markets showed mixed results on Friday, with Japan's Nikkei 225 and Hong Kong's Hang Seng closing lower, while Australia's S&P/ASX 200, India's Nifty 50, and China's Shanghai Composite saw gains. In commodities, Crude Oil WTI and Natural Gas traded higher, despite a decline in Gold, Silver, and Copper.
Franklin Templeton, a prominent Silicon Valley asset manager with $1.6 trillion in assets, is reportedly exploring the creation of a new investment fund dedicated to cryptocurrencies.