This week saw significant fluctuations in the cryptocurrency market, mirroring stock declines ahead of crucial inflation data. Meanwhile, Trump’s economic policies are making headlines, impacting housing, investments, and trade, alongside major developments in tech, including advancements in quantum computing and electric vehicles.
President-elect Trump’s upcoming dinner with Amazon founder Jeff Bezos signals a potential reconciliation after years of public clashes. This follows similar moves by other tech CEOs, suggesting a shift in the relationship between Silicon Valley and the Trump administration.
Donald Trump’s re-election has sent Wall Street on a bullish run, with major stock indexes hitting record highs. Investors are optimistic about potential economic growth fueled by Trump’s policies, but some experts warn of potential risks from rising inflation and trade tensions.
A recent study by London & Partners reveals that London is emerging as a global leader in artificial intelligence (AI). The city attracts both AI startups and established firms, with significant investment and a thriving ecosystem. London’s AI sector is driven by talent, research, and a supportive business environment, making it an ideal location for AI companies to thrive.
Apple’s upcoming M4 Ultra processor, rumored to be a powerhouse within its new Mac Pro and Mac Studio systems, is causing a stir in the tech world. According to leaked benchmarks, the M4 Ultra is projected to outshine NVIDIA’s flagship GeForce RTX 4090 graphics card, boasting double the GPU cores and impressive performance gains.
Palantir Technologies Inc. (PLTR) has surged ahead in the AI race with its unique strategy of maximizing existing AI models within the enterprise context. This approach has led to impressive client successes, including a 12-fold increase in annual recurring revenue for one company within eight months. Analysts are hailing Palantir as ‘The Messi of AI’ for its ability to deliver real-world value from AI, driving exceptional growth and outperforming expectations in Q3.
Atlassian’s stock price surged on Friday after the company reported strong first-quarter earnings, exceeding analyst expectations. The company also issued optimistic revenue guidance for the second quarter, further fueling investor enthusiasm. This positive performance comes amidst broader market volatility and suggests strong demand for Atlassian’s software solutions.
Apple Inc. (AAPL) reported strong financial results for the fourth quarter, exceeding analyst estimates on both revenue and earnings. The company’s iPhone 16 lineup, Apple Watch Series 10, and AirPods 4 were key drivers of growth, contributing to a record September quarter revenue of $94.9 billion. The company’s active installed base of devices reached a new all-time high across all products and geographic segments.
The European Court of Justice has ruled in favor of Intel, ending a nearly two-decade-long antitrust case against the company. The court upheld an earlier ruling, dismissing the European Commission’s claims that Intel had unfairly used rebates to stifle competition from AMD. This decision marks a significant victory for Intel and could have implications for future antitrust cases in the EU.
Oklo Inc.’s (OKLO) stock surged on Monday, riding the wave of renewed interest in nuclear power, fueled by Amazon’s $500 million investment in the sector. The company’s CEO hints at potential deals with major tech players, suggesting Oklo could be the next to benefit from the growing demand for reliable, carbon-free energy.
