The honeymoon period for IBM’s spin-off – Kyndryl Holdings (NYSE: KD) – has officially ended in a fiery wreckage of investor confidence. Once marketed as the agile “vendor-agnostic” future of IT infrastructure, the company’s stock was gutted on February 9, crashing more than 50% in a single session. This wasn’t just a standard earnings miss; […]
Markets remained on edge through the week, with Big Tech spending fears, central-bank signals, and a sharp crypto rebound colliding in a volatile session. Amazon shares slid on alarm over massive AI capital spending, while India’s central bank stood pat on rates, striking a steady tone on growth. Wall Street also digested Goldman Sachs’ push […]
The Dow exploded higher on Friday, surging roughly 1,000 points as a targeted rebound in chipmakers eased a bruising week for US markets. After several sessions of sharp tech-led selling, investors stepped back into large-cap semiconductors and cyclical names. The rebound lifted the Dow to one of its strongest single-day advances this year and pushed […]
BigBear.ai (NYSE: BBAI stock) surged about 18% on Friday after a string of company announcements and heavy trading activity rekindled interest in the beaten-down AI stock. Volume witnessed considerable growth versus recent sessions, a sign that both news-driven buyers and short-covering traders stepped in. The move left investors debating whether today’s rally marks the start […]
The Japanese yen slipped as traders positioned for Sunday’s snap election, with markets expecting Prime Minister Sanae Takaichi to extend her hold on power and keep a reflationary policy mix in place. According to MUFG Bank analysts, Japan’s political backdrop is adding “downward pressure on the yen,” while Polymarket pricing cited by Benzinga shows near-certainty […]
EU regulators on Friday accused TikTok of breaching the bloc’s online content rules, putting the video-sharing app at risk of having to redesign its service in Europe or face a fine linked to its global revenue. The charges were laid out in preliminary findings by the European Commission after a year-long investigation under the Digital […]
Oil prices, specifically Brent crude, could rise to $70 per barrel if tensions between the US and Iran escalated amid the ongoing talks in Oman, according to experts. Prices maintained a steady course on Friday, reflecting a cautious sentiment among global investors who were intently focused on developments emerging from crucial, high-stakes diplomatic talks. US-Iran […]
The latest earnings season has revealed a dramatic turning point in the global technology industry. America’s largest technology companies have announced plans to spend more than $700 billion on artificial intelligence-related capital expenditure in 2026, underlining how fiercely they are competing to dominate the infrastructure of the AI era. Microsoft, Meta Platforms, Alphabet’s Google, Amazon […]
US stocks rose on Friday, positioning major indexes for a positive end to a volatile week marked by sharp losses in technology shares and renewed concerns over cryptocurrency markets. The S&P 500 gained about 0.9%, while the Nasdaq Composite advanced 0.8%. The Dow Jones Industrial Average climbed 573 points, or roughly 1.1%. The gains pushed […]
ai.com, a new artificial intelligence platform founded by Kris Marszalek, co-founder and CEO of Crypto.com, has announced the launch of its Autonomous AI agent offering for consumers. The platform allows users to create a private, personal AI agent in just a few clicks. These agents are designed to do more than answer questions, with the […]