Nvidia will supply the former OpenAI executive’s startup with 1 gigawatt’s worth of the next-gen Vera Rubin GPUs, and will invest in the company.
Category: Business
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Bitcoin recrosses $71,000 but level acting as “resistance rather than a launchpad”
Amid the Iran war, bitcoin’s recovery is “a fragile one,” with traders remaining cautious as the asset dips back below $70,000 early on Tuesday. -
Hims continues to rise on analyst upgrades following its Novo Nordisk partnership
Hims shares climbed more than 10% after markets opened on Tuesday. -
Report: Meta has acquired Moltbook, the AI-only social network
The unusual AI-only social network has generated a lot of buzz emerging from the current AI agent craze. -
Reuters: SpaceX wants a Nasdaq listing — with early Nasdaq 100 access
Currently companies have to wait up to a year to be eligible for inclusion in major indexes like the S&P 500 or the Nasdaq 100. -
Nio just reported its first-ever quarterly profit in its Q4 results
Nio reported its fourth-quarter earnings results before US markets opened on Tuesday. -
Apple reportedly makes 25% of iPhones in India, up 53%, in pivot from China production
Apple is attempting to avoid China tariffs. -
Oil slides and stocks tepidly rise after Trump says US-Iran war is nearing its end
Crude prices are down about 6% after the president suggested the conflict could end “very soon.” -
US gas prices exceed $3.50 per gallon for the first time since July 2024
Prediction markets no longer see $4 gas as likely at the end of March, however. -
TSMC grew its sales 30% year-on-year in January and February
Still, the latest figures fall short from analysts’ expectations of a 33% increase and TSMC’s own sales outlook of at least a 36% growth in the first quarter. -
Stocks swing positive as Trump says that the Iran war could be over soon
Stocks made a huge tech-led comeback while the price of crude oil slid. -
What to look for in Oracle’s Q3 earnings
Oracle will release third-quarter earnings Tuesday, amid confusion over an OpenAI data center deal, looming layoffs, and fears of runaway capex.
