Latest News
Bitcoin Gains Amid Oil Price Surge as Institutional Demand Persists
Bitcoin advanced 2.9% to approach $69,000 Monday, defying broader market pressure as institutional inflows continued. Strategy purchased nearly 18,000 BTC while oil prices surged on Middle East tensions.
Tesla Activates First Semi Megacharger, 2026 Fleet Launch Looms
Tesla has launched its first high-power Megacharger for Semi trucks in Ontario, California, though the station's current 750 kW output falls short of the vehicle's 1.2 MW capability. The company has not revealed how many customer Semis are operational, with a wider delivery push now scheduled for 2026.
Ford Issues Massive Recall for 1 Million Vehicles, Stock Dips
Ford Motor Company is initiating a recall covering approximately 1.02 million vehicles in the United States due to windshield wiper motor and rear suspension issues. The automaker's shares declined about 1% following the announcement.
FTSE 100 Recovers from Sharp Drop as Oil Price Spike Roils London
London's FTSE 100 pared steep early losses to close 0.3% lower on Monday, while the FTSE 250 fell 1.6%. A dramatic spike in oil prices above $119 a barrel, driven by Middle East conflict, triggered a broad market sell-off and renewed stagflation fears.
Plug Power Targets AI Data Center Demand with Major Hydrogen Power Bid
Plug Power is bidding 250 megawatts of hydrogen-generated electricity into a potential PJM Interconnection auction to supply growing AI data center demand, as the company works to address a $1.7 billion annual loss through asset sales and financing.
Petrobras Stock Rises on Oil Price Rally, Dividend Outlook in Focus
Petrobras shares climbed 4.3% Monday as surging crude prices renewed discussions about additional shareholder returns. The Brazilian oil giant reported a Q4 net profit of 15.6 billion reais, though executives indicated extra dividends are unlikely this year.
Intel Invests $1.4B in Ohio Chip Plant, Maintains 2030-2031 Timeline
Intel has disclosed a $1.4 billion investment in its Ohio chip manufacturing site for 2025 and states it does not anticipate additional project delays. The company maintains its target to begin operations between 2030 and 2031.
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.
Lumentum Surges on S&P 500 Inclusion, Fueled by Nvidia AI Partnership
Lumentum Holdings shares rallied over 10% on news of its upcoming inclusion in the S&P 500 index, extending gains driven by a major strategic partnership with Nvidia focused on AI photonics.
Stocks Sink as Oil Surge and Jobs Data Fuel Stagflation Worries
U.S. stocks dropped sharply Monday as oil prices neared $120 per barrel and a surprise loss of 92,000 jobs in February intensified concerns about stagflation. The Dow, S&P 500, and Nasdaq each fell roughly 1.3%.