Elon Musk says he’ll drop his $97bn bid for OpenAI if it remains a non-profit
Billionaire’s lawyers say offer will be withdrawn if firm he helped found a decade ago ‘preserves the charity’s mission’ Elon ...
Tag: Drop
Nvidia, Microsoft shares tumble as China-based AI app DeepSeek hammers tech giants
The emergence of China-based AI app DeepSeek sent shares plummeting on Monday for many U.S. tech giants, including chipmaker Nvidia and AI-backer Microsoft. ...
Bitcoin drops after Trump signs crypto and ‘national digital asset stockpile’ executive order
Bitcoin price fell after US President Donald Trump signed an executive order creating a working body for researching and designing ...
Bitcoin sudden drop to $93K wipes out $303M of longs within minutes
A sudden retreat in the price of Bitcoin triggered a significant amount of long position liquidations on Dec. 5 A ...
Asian stocks decline, following Wall Street’s drop on worries about the economy
Asian stocks are tumbling after Wall Street had its worst day since early August, as a week full of economic ...
Nvidia suffers record $279 billion loss in market value as Wall St drops
Shares of AI heavyweight Nvidia (NVDA.O), opens new tab tumbled 9.5% on Tuesday in the deepest ever single-day decline in market value ...
Yen’s drop to 1990 low lifts Nikkei; China stocks sag
Japanese stocks advanced on Wednesday as the yen sagged to its weakest since 1990, but Chinese markets slipped and regional ...
Dollar drops as inflation cools more than expected
The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expected in March, raising expectations that ...
Bitcoin drops to 1-week low, ether slides 7% as FTX collapse ripples through the crypto market
Bitcoin hovered around a one-week low on Monday and other major cryptocurrencies fell sharply, as the impact of the dramatic ...
Facebook scrambles to escape stock’s death spiral as users flee and sales drop
Meta is trading at its lowest since early 2019, and the stock is one of the worst performers this year ...