Articles by Sarah Chen
NVIDIA, ABB Forge Factory AI Alliance to Bridge Simulation-Reality Gap
NVIDIA and ABB have announced a strategic partnership to embed NVIDIA's Omniverse platform into ABB's RobotStudio software, aiming to achieve near-perfect accuracy when transferring robot training from simulation to physical factories. The collaboration is a key move for NVIDIA to expand its industrial AI footprint beyond data centers.
Nasdaq, Kraken Forge Tokenized Stock Platform for 2027 Rollout
Nasdaq is developing a tokenized shares framework with crypto exchange Kraken, aiming to link traditional markets with blockchain networks by the first half of 2027.
Aureus Greenway to Acquire Powerus in Strategic Drone Shift, Secures $9M Funding
Aureus Greenway Holdings has entered into an agreement to purchase autonomous systems manufacturer Powerus via an all-stock transaction, aiming to take the combined entity public on the Nasdaq. The deal includes a $9 million private placement and a $50 million investment commitment from South Korea's KCGI.
Bitcoin Stabilizes Near $68K Amid Oil Price Surge and ETF Outflows
Bitcoin steadied around $67,954, recovering from a dip to $65,688, while U.S. spot Bitcoin ETFs saw significant net outflows. The rally in oil prices above $119 a barrel has heightened inflation concerns, dampening expectations for near-term Federal Reserve rate cuts.
XRP Dips as Oil Spike Triggers Crypto Sell-Off
XRP declined roughly 1.1% to $1.34, underperforming Bitcoin and Ethereum, as a 25% surge in oil prices rattled investor sentiment and triggered broad risk aversion.
Apple's March 11 Launch and CPI Data Set to Test Investor Sentiment
Apple shares closed at $257.46 ahead of a critical week featuring new product launches and the February CPI report. The company's strategic push into lower-priced hardware faces a market test amid inflation concerns.
Amazon Faces Key Week After Service Outage, Healthcare AI Launch
Amazon resolved a significant U.S. shopping outage that contributed to a stock decline, while its AWS unit introduced a new AI platform for healthcare. Market focus shifts to upcoming inflation data.
Nvidia's 3% Drop Sets Stage for Key Inflation, TSMC Data and GTC Conference
Nvidia shares declined 3% Friday as rising oil prices and a soft jobs report pressured growth stocks. The focus shifts to upcoming U.S. inflation data, TSMC's monthly sales, and Nvidia's GTC developer conference.
Tesla's Critical Week: Robotaxi Hype Meets European Sales Slump and Inflation Test
Tesla shares enter the week under pressure as declining European sales and regulatory questions about its autonomous driving ambitions collide with broader market inflation concerns. Analyst optimism on robotaxis provides a counterpoint.
Netskope Launches AI Security Guardrails Ahead of Key Earnings Report
Netskope has made its AI Guardrails product generally available, positioning the launch just before its March 11 AI event and Q4 earnings report. The company aims to help businesses secure generative AI use.