Google Cloud has confirmed a new multi-million dollar contract with the NATO Communication and Information Agency to deliver a sovereign cloud environment for the Alliance’s Joint Analysis Training and Education Centre. The announcement marks a key step in expanding secure digital capabilities for the centre, which manages activities that rely on protected data and controlled
The internet is having an identity crisis. Recent infrastructure collapses, from the AWS outage that knocked Snapchat offline to Snapchat’s sudden pivot toward paid storage tiers, have exposed an uncomfortable truth: we’ve built the digital age on fragile, centralised foundations controlled by a handful of corporations. Enter SocialFi, the emerging sector blending decentralised finance with
Palantir stock (NASDAQ: PLTR) nosedived 25% after reaching an all-time high in early November, triggering a fiery public clash between CEO Alex Karp and hedge fund manager Michael Burry. Karp blamed short sellers for the stock’s drop, but many investors saw the decline as a correction to Palantir’s high valuation. With a sales multiple of
Zoom stock price has remained in a deep consolidation phase in the past few years as demand for its services waned. It has remained inside the support and resistance levels at $56.27 and $91 since 2022. ZM stock was trading at $78.64, down by over 86% from its highest level since 2020. In contrast, the
Tesla is moving closer to completing the design of its next-generation AI5 chip and has already begun development work on its AI6 processor, CEO Elon Musk said Sunday in a post on X. The update marks the company’s most detailed assessment yet of its long-term chip roadmap as it leans deeper into artificial intelligence and
Tesla stock (NASDAQ: TSLA) tumbled over 2% on Friday, breaking below the critical $400 support level as investors reassess valuations amid hawkish Federal Reserve commentary and deepening AI bubble concerns. The sell-off dragged alongside mega-cap tech peers: Nvidia fell 2.9%, and Amazon dropped around 1%. Tesla stock is up 2.66% year-to-date despite November’s recent pullback, trading
Federal Reserve President John Williams sparked a major equity rally on Friday by signaling that the central bank still has room to cut interest rates in the near term, boosting investor appetite for risk. The Dow Jones surged more than 700 points during the session as traders recalibrated expectations for a December rate reduction, with
Bitcoin plunged below $81,000 on Friday, its lowest since April, as liquidations and institutional outflows threatened to break a key technical level, risking widespread forced selling in crypto. The world’s largest cryptocurrency dipped as low as $80,548 before stabilizing near $85,702, erasing what little remained of its year-to-date gains and signaling fragile support in a
Amazon and Microsoft are among the tech giants who have collectively pledged $349 billion to AI infrastructure, betting hyperscale returns will materialize. Yet one prominent analyst just broke ranks with Wall Street consensus, downgrading both tech giants. His verdict: the market is pricing in returns that simply won’t happen. It’s a rare moment of skepticism
As Wall Street enters the shortened Thanksgiving trading week, investors face a cocktail of competing uncertainties that could amplify volatility heading into December. The Federal Reserve’s December rate cut odds remain deeply fragmented, hovering between 30–60% depending on the market gauge, following a delayed jobs data release that left policymakers scrambling for clarity on economic