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Gold-Backed Cryptos Surge As Israel-Iran Tensions Ignite Safe-Haven Rush — Coins Linked To Tether, PAX Top 30% YTD, Outshine Bitcoin
Gold and its cryptocurrency derivatives surged Thursday night as investors sought refuge in the safe haven following Israel’s strikes on Iran. read more
Meta Invests In Scale AI At $29 Billion Valuation, Taps CEO Alexandr Wang To Drive Internal AI Push As Part Of Deepening Partnership
Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as interim CEO as founder Alexandr Wang joins Meta’s internal AI team. read more
Cathie Wood’s Ark Invest Loads Up On Nextdoor, Exits AvidXchange
On Thursday, Ark Invest traded in Nextdoor Holdings and AvidXchange Holdings. The value of the trades is around $466K and $489 respectively. read more
Middle East Tensions Rattle Markets: US Stock Futures Slide, Oil Jumps 8%, Gold Surges Above $3,400 After Israel Strikes Iran
U.S. stock futures slipped Thursday evening as tensions continued to flare in the Middle East, following Israel’s preemptive strike against Iran. read more
Nvidia Drops China From Guidance After $2.5 Billion Q1 Revenue Hit, CEO Jensen Huang Says He’s ‘Not Counting’ On US Lifting Export Controls, ‘But If It Happens, It Will Be A Great Bonus’
Nvidia CEO Jensen Huang said the company will exclude China from its financial forecasts after U.S. export controls blocked AI chip sales, costing $2.5 billion in Q1 revenue and raising concerns about the effectiveness of U.S. trade policy. read more
Bitcoin, Ethereum, Dogecoin Bleed After Israel Launches ‘Premptive Strike’ Against Iran: Analyst Foresees ‘Lower Levels’ For ETH If It Fails To Hold This Support
Leading cryptocurrencies nosedived Thursday as geopolitical tensions escalated following Israel’s military strikes on Iran. read more
