Grayscale Investments said on Friday it was launching an investment fund aimed at dogecoin, as the cryptocurrency asset manager looks to tap into the increasing momentum around alternatives to bitcoin. The Grayscale Dogecoin Trust will offer investors an opportunity to gain exposure to a token that the company believes has “transitioned from a memecoin… to…
Intel shares rose 1.7% premarket on Friday as the chipmaker’s quarterly revenue beat low expectations and investors focused on its search for a new CEO to steer the company through one of its most difficult periods. Former CEO Pat Gelsinger was ousted last month, well before the completion of his four-year plan to turn around…
Influential shareholder adviser ISS wants Siemens to return to in-person annual general meetings and has recommended shareholders vote against allowing virtual meetings in the coming years, according to a proposal seen by Reuters. The U.S.-based proxy advisory firm’s advice comes ahead of the Munich-based technology group’s annual general meeting on Feb. 13, where the matter…
Apple on Thursday disclosed its iPhone sales dipped slightly during the holiday-season quarter, signaling a sluggish start to the trendsetting company’s effort to catch up to the rest of Big Tech in the race to bring artificial intelligence to the masses Apple on Thursday disclosed its iPhone sales dipped slightly during the holiday-season quarter, signaling…
Global shares are mostly higher in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in September Global shares mostly rose Thursday after the U.S. Federal Reserve opted not to cut interest rates for the first time since…
Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero financing and other incentives, but the results still fell short of Wall Street forecasts Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero financing and other…
UVeye, a startup that uses AI-driven technology to inspect vehicles to avoid defects and target repairs, said on Wednesday it has raised $191 million in debt and equity to scale up production in North America and Europe. The company’s $41 million funding round was led by Woven Capital, the investment arm of Toyota and its…
Japanese technology group NEC Corp has been talking to its advisers about the possibility of making an offer for CSG Systems, which provides customer care and billing solutions for cable and phone companies, according to people familiar with the matter. Tokyo-based NEC has been working with investment bankers at Morgan Stanley on a potential offer…
Early moves by the president raise questions about what direction his second-term policy on drug costs will take. Amid a flurry of executive actions on his first day back in office, President Donald Trump gave the first official indications of his administration’s approach to health care by scrapping existing orders aimed at expanding health coverage under the Affordable Care Act and strengthening…
Global stocks have advanced in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the panic over Chinese AI company DeepSeek fades Global stocks mostly advanced Wednesday in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks, as investors focused on the Federal…
