Apple has announced a major leadership change in its artificial intelligence division, confirming that John Giannandrea, the company’s longtime head of AI, will retire next spring after nearly eight years in the role. The transition comes at a time when the iPhone maker is facing mounting pressure to close the gap with competitors in the
Solana (SOL) retested the $120 support level on Monday as Bitcoin and other major cryptocurrencies recorded losses. The cryptocurrency lost 30% of its value in November, making it one of the worst performers among the top 10 cryptocurrencies by market cap. Solana is now experiencing a risk-off sentiment in the derivatives market as investors withdraw
Recent research from the Anthropic Fellows program is drawing attention to a shift in how decentralised finance systems may be targeted in the future. The findings show that frontier AI agents are no longer limited to spotting basic coding issues. They can now perform deeper reasoning, build transaction sequences, and create complete exploit scripts on
Synopsys Inc (NASDAQ: SNPS) pushed higher on December 1st as the artificial intelligence (AI) giant, Nvidia (NASDAQ: NVDA), revealed a $2 billion stake in the design automation company. Nvidia’s chief executive Jensen Huang dubbed the deal a “huge deal” in a CNBC interview today, calling SNPS a foundational partner in semiconductor innovation. However, beneath the
Prada has closed its long-awaited takeover of Versace, completing a deal that has been in motion for years and marking one of the most significant shifts in Italy’s luxury sector in recent times. As per a Reuters report, the group finalised the acquisition after signing a definitive agreement in April to buy the brand from
Carvana (NYSE: CVNA) is in focus on Monday morning after famed investor Jim Cramer dubbed it “one of his favourite companies” heading into 2026. In a recent segment of CNBC, the former hedge fund manager said part of the reason why Carmax has massively underperformed this year is that “CVNA has a better business model.”
MongoDB shares surged on Tuesday after the document database company sharply raised its full-year earnings forecast and posted stronger-than-expected third-quarter results. The stock jumped 23% to $404.81 in premarket trading, extending a rally that has already made it one of the standout performers of 2025. The company now expects adjusted earnings of $4.76 to $4.80
The recent decision to pause production increases by the Organisation of the Petroleum Exporting Countries and allies highlighted the complex situation the cartel finds itself in. OPEC’s desire to regain market share has to take a backseat as the cartel and its allies navigate a tricky phase, where stabilising oil prices has become more important.
US stocks rose on Friday as the Nasdaq Composite and S&P 500 each gained 0.2% and the Dow Jones Industrial Average added 124 points, or 0.3%, even as a data-centre failure briefly halted futures and options trading at the Chicago Mercantile Exchange. The disruption occurred during a historically low-volume, post-Thanksgiving session, raising the potential for
US equities advanced on Wednesday as Wall Street attempted to build on two straight days of gains, even as the broader market remains on track for a down month. The Dow Jones Industrial Average rose 171 points, or 0.4%. The S&P 500 gained 0.5%, while the Nasdaq Composite advanced 0.7%. Nvidia climbed more than 2%,