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XTI Aerospace Plans Securities Offering; Shares Down Pre-Bell Friday
XTI Aerospace Plans Securities Offering; Shares Down Pre-Bell Friday
Mar 28, 2025
04:17 AM EDT, 03/28/2025 (MT Newswires) -- XTI Aerospace ( XTIA ) said late Thursday it plans a public offering of its common shares and warrants. The company intends to use the net proceeds mainly for general corporate purposes. XTI shares were down 26% in recent premarket activity Friday. ...
Pony.ai Gets Permit for Driverless Robotaxi Service in Shenzhen's Nanshan District
Pony.ai Gets Permit for Driverless Robotaxi Service in Shenzhen's Nanshan District
Mar 28, 2025
04:11 AM EDT, 03/28/2025 (MT Newswires) -- Pony.ai (PONY) said Friday it received approval to operate paid fully driverless robotaxis in the Nanshan district of Shenzhen, China. Users can book rides through Pony.ai's app or WeChat mini-program, the company said. ...
Ubisoft jumps 10% after Tencent invests in new subsidiary
Ubisoft jumps 10% after Tencent invests in new subsidiary
Mar 28, 2025
(Reuters) - Ubisoft shares rose more than 10% on Friday after the French video game maker announced plans to set up a subsidiary in which Tencent ( TCTZF ) will invest 1.16 billion euros. The creator of Assassin's Creed said on Thursday the new subsidiary would be valued at around 4 billion euros ($4.32 billion) and will bring together the...
Update: Market Chatter: China Server Maker H3C Running Short of Nvidia Chips
Update: Market Chatter: China Server Maker H3C Running Short of Nvidia Chips
Mar 28, 2025
04:33 AM EDT, 03/28/2025 (MT Newswires) -- (Updates with Nvidia's ( NVDA ) response in the fourth paragraph.) Nvidia's ( NVDA ) H20 chips are in short supply at Chinese server maker H3C, Reuters reported Thursday, citing a note to clients. H20 international supply chain faces significant uncertainties, the company said in a note issued Tuesday, the report said. The...
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Cryptocurrency >
Crypto Markets Shed $150 Billion in 2 Days as Bitcoin (BTC) Dumped to $60.5K (Weekend Watch)
Crypto Markets Shed $150 Billion in 2 Days as Bitcoin (BTC) Dumped to $60.5K (Weekend Watch)
Aug 3, 2024
The economic uncertainty in the US pushed bitcoins price south hard in the past day or so, and the asset plunged to $60,500 for the first time in almost three weeks. The altcoins are in an even worse state, with SOL, TON, and UNI plummeting by over 5% in the past day. ETH has slipped below $3,000. BTC Sees 3-Week...
Ethereum Price Analysis: ETH Plunges Below $3K But What’s the Lowest it Can Go?
Ethereum Price Analysis: ETH Plunges Below $3K But What’s the Lowest it Can Go?
Aug 3, 2024
Ethereum’s price has been going through a frustrating consolidation period over the past few months following the price’s failure to break above the $4,000 resistance level. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has recently rebounded from the $2,800 mark and rallied toward the $3,500 resistance level. However, the latter has rejected the price...
Bitcoin, Ethereum ETF Weekly Recap: Substantial Outflows Amid Pessimistic US Economy Outlook
Bitcoin, Ethereum ETF Weekly Recap: Substantial Outflows Amid Pessimistic US Economy Outlook
Aug 3, 2024
The second week of trading for the spot Ethereum ETFs saw again more withdrawals than inflows, perhaps driven by the uncertainty in the US economy. The spot Bitcoin ETFs also closed the business week on the wrong foot, with nearly $240 million leaving the financial vehicles. Data from FarSide shows that Fidelitys FBTC was the biggest loser on August 2...
Bitfarms’ Operational Hash Rate Hits 11.1 EH/s, Up 109% from Last Year
Bitfarms’ Operational Hash Rate Hits 11.1 EH/s, Up 109% from Last Year
Aug 2, 2024
Toronto-based Bitcoin mining company Bitfarms announced that its operational hash rate reached 11.1 EH/s by the end of July, marking a 109% year-over-year increase and a 7% rise month-over-month. The average operational hash rate for the month was 10.3 EH/s, up 36% from June. Despite a 1% decline in Bitcoin per EH/s due to a surge in network difficulty, Bitfarms...
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