Solana-based PreStocks tied to Anthropic and OpenAI have plunged this week after both artificial intelligence firms warned that unauthorised share transfers conducted through tokenized structures and special-purpose vehicles may be invalid and carry no shareholder rights. According to statements published by Anthropic and OpenAI earlier this week, the companies do not recognise transfers of their… Continue reading Solana AI PreStocks crash after OpenAI and Anthropic stock transfer warnings
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China’s AI stock rally gets a Jensen Huang boost: Why analysts remain bullish
Chinese artificial intelligence model developers rallied sharply on Wednesday after Nvidia Chief Executive Officer Jensen Huang joined US President Donald Trump on his visit to Beijing, fuelling hopes that China could gain wider access to the chipmaker’s advanced semiconductors. Shares of MiniMax Group Inc. closed about 18% higher, while Knowledge Atlas Technology Joint Stock Co.… Continue reading China’s AI stock rally gets a Jensen Huang boost: Why analysts remain bullish
SCHD ETF stock just flashed a rare pattern: here’s why it may surge
The Schwab US Dividend Equity (SCHD) ETF has remained on edge in the past few days and is now hovering near its all-time high of $32.15. It has soared by 20% in the last 12 months and is about 4% in the last 30 days. It has slowly formed a highly bullish chart pattern, which… Continue reading SCHD ETF stock just flashed a rare pattern: here’s why it may surge
Tilray Brands stock is in a freefall: key reasons and what next
Tilray Brands stock price remains in a freefall this year and is now trading at its lowest level since July 9 last year. It recently lost the crucial support level at $5.95, and is down by over 76% from its highest point in October last year. So, is it safe to buy the dip? Tilray… Continue reading Tilray Brands stock is in a freefall: key reasons and what next
BT Group share price soars to a 7-year high as earnings loom
BT Group share price continued its strong bull run, reaching its highest point in over seven years as its full-year earnings loomed. It jumped to 240p, up by over 140% from its lowest point in 2024. BT Group shares are soaring ahead of earnings BT, the top telecom company in the UK, has done well… Continue reading BT Group share price soars to a 7-year high as earnings loom
HPCL Q4 profit jumps 46% on strong refining margins
Hindustan Petroleum Corporation Limited reported a sharp rise in profit for the fourth quarter and full financial year 2025-26, supported by stronger refining margins, higher refinery throughput, and steady growth in fuel sales volumes. The state-run oil marketing company announced its financial results for the quarter and year ended March 31, 2026, on Wednesday. The… Continue reading HPCL Q4 profit jumps 46% on strong refining margins
Walmart to cut or relocate 1,000 corporate workers: is AI to blame again?
Walmart is cutting or relocating around 1,000 corporate employees as the retail giant consolidates parts of its global technology and artificial intelligence operations in a broader push to streamline decision-making and accelerate its digital transformation. The move, first reported by The Wall Street Journal on Tuesday, comes as Walmart increases investments in artificial intelligence, automation… Continue reading Walmart to cut or relocate 1,000 corporate workers: is AI to blame again?
Japan sells foreign stocks in April amid inflation worries
Japanese investors became net sellers of foreign stocks in April for the first time in four months, as concerns over rising energy costs linked to the Iran war and broader inflation risks weighed on sentiment toward overseas equities. Data released by Japan’s Ministry of Finance on Wednesday showed that investors sold a net 636.4 billion… Continue reading Japan sells foreign stocks in April amid inflation worries
Cipla Q4 profit misses estimates as US market competition weighs
Cipla, India’s third-largest drugmaker by revenue, reported weaker-than-expected fourth-quarter earnings on Wednesday as weak sales and intense competition in its key US market weighed on performance. The company’s consolidated net profit fell 54.6% year-on-year to 5.55 billion rupees ($58 million) for the quarter ended March 31. The earnings figure came in below analysts’ average estimate… Continue reading Cipla Q4 profit misses estimates as US market competition weighs