Latest News
Fidelity Canada to Shutter Eight Funds as Retirement Products Outperform
Fidelity Investments Canada is winding down eight funds, with most closures set for late July. Meanwhile, the firm's Freedom 2045 and 2015 retirement funds outperformed their benchmarks in the fourth quarter of 2025.
Nvidia Invests $2 Billion in Marvell to Bolster Custom AI Chip Strategy
Nvidia has committed $2 billion to Marvell Technology, deepening a collaboration focused on custom AI processors and advanced networking. The move comes amid soaring industry investment in artificial intelligence infrastructure.
Global Markets Rally on Geopolitical Ease; Microsoft, Marvell Gain on AI Bets
Global equities advanced Wednesday as signs of easing Middle East tensions spurred a risk-on rally. Microsoft gained on a major AI infrastructure investment, while Marvell Technology surged following a strategic partnership with Nvidia.
Bitmine Expands Ether Treasury and Staking Revenue with Major Acquisition
Bitmine Immersion Technologies shares climbed 8% following the disclosure of a substantial ether purchase and the completion of its acquisition of Australian staking infrastructure firm Pier Two.
TikTok Seeks Brazil Fintech Entry, Challenging Nubank's Dominance
TikTok is moving into Brazil's financial services sector, applying for licenses to offer payments and credit. This development introduces a significant new competitor for Nu Holdings' Nubank, which currently dominates the digital banking space in the region.
Nvidia Invests $2 Billion in Marvell to Bolster Custom AI Chip Alliance
Nvidia announced a $2 billion strategic investment in Marvell Technology, deepening a collaboration on custom AI processors and high-speed networking. Both companies will jointly develop silicon photonics technology.
RH Shares Plunge on Q4 Miss, Dim Q1 Forecast
RH shares fell sharply in extended trading after the company reported fourth-quarter revenue and earnings below Wall Street expectations and issued a weak first-quarter sales outlook.
Nike Posts Mixed Q3, Beats Sales Forecasts Amid China and Margin Pressures
Nike reported third-quarter revenue of $11.28 billion, matching year-ago levels and exceeding analyst forecasts, though net income dropped 35% to $520 million. The company continues to face headwinds in Greater China and from higher tariffs.
CNBC to Broadcast Live from Cboe Options Floor Amid Trading Surge
CNBC will begin daily live broadcasts from the Cboe Global Markets trading floor in Chicago on April 6. The move coincides with record U.S. options trading volume, which reached 15.2 billion contracts in 2025.
