- Elon Musk took a chainsaw to the US government. Tesla is taking the hit.
- Which Crypto Player is a Safe Investment Bet?
- YouTube Shorts takes on TikTok with new creation tools
- Affirm, PayPal, fintechs plunge on concerns Trump tariffs hit consumer
- Google is shipping Gemini models faster than its AI safety reports
- Bitcoin Faces Potential Slide to $71K Amid Impact of Trump Tariffs on U.S. Economy
- Apple loses $250B market value as tariffs tank tech stocks
- U.S. energy department invites AI data center development at Los Alamos and other federal lands
Author: GT
When OpenAI debuted its image-generation feature in ChatGPT last week, social media exploded when users realized that they could make AI-generated images that looked like something out of an animated film from Studio Ghibli. Fans hoped that Studio Ghibli mastermind Hayao Miyazaki would take a stand, but the 84-year-old animator has remained silent. In the Ghibli fan subreddit, however, fans are enforcing a long-standing ban against AI art. “I just noticed about a dozen different ‘BAN AI NOW’ posts here seemingly spurred on by an influx of AI Ghibli art on other sites,” a moderator posted to the Ghibli subreddit…
Since President Donald Trump’s reelection, the crypto market has been nothing but a wild ride. Cryptocurrencies soared to all-time highs and then plummeted. This volatility has left investors unsure of which digital currencies to invest in. Check Out: 13 Cheap Cryptocurrencies With the Highest Potential Upside for You Try This: 6 Hybrid Vehicles To Stay Away From in Retirement However, these four cryptocurrencies are showing strong potential and are worth adding to your portfolio this April. Bitcoin remains the undisputed king of crypto. With the increasing institutional adoption and Trump’s executive order to establish a strategic bitcoin reserve, bitcoin is…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. Stocks plunged Thursday morning in response to President Donald Trump ‘s new round of tariffs on American trading partners. The various duty rates facing imports from countries including China, Vietnam, and Cambodia are much higher than anticipated. Jim Cramer and Director of Portfolio Analysis Jeff Marks both agreed that labeling these “reciprocal tariffs” doesn’t quite capture the situation, given the formula that was used to calculate the duty levels. Jeff pointed out that the…
Sustaining the momentum with which the cryptocurrency market entered 2025 will be a challenge, according to a new report. The 2025 edition of GlobalData’s Cryptocurrencies report outlines that many expect new all-time highs for the cryptocurrency market this year, driven variously by regulatory, institutional and cyclical factors. It notes that regulatory clarity has been provided by the introduction of the EU’s “gold standard” Markets in Crypto Assets regulation, while the pro-crypto stance of the new Trump administration in the US has been embodied by deregulation, the appointment of a “crypto-friendly” Securities and Exchange Commission chair and the body’s formation of…
Tesla recorded 336,681 deliveries, its worst quarterly performance in more than two years as the brand suffers a backlash to CEO Elon Musk’s political maneuverings. The dip in sales comes as Musk continues leading DOGE, the “advisory body” that has laid off thousands of federal employees and attempted to eliminate entire agencies and programs. His involvement in the government has not only proven controversial, but also unpopular, leading many to wonder what effect it might have on Tesla’s sales. Even one of Tesla’s top supporters on Wall Street recently beseeched Musk to spend less time on politics and more time…
NEW YORK (AP) — Nintendo’s Switch 2 is bigger and better than its predecessor of eight years past as the video game developer pushes to bring its brand into “a new era” where social experiences are at the forefront.The Associated Press and other members of the media got an exclusive look this week at Nintendo’s latest handheld, TV-console hybrid, which dives head-first into the social world of online gaming.The Switch 2 will hit the market June 5 at a price of $449.99.“You’ll be joining us as we step into a new era of Nintendo,” Doug Bowser, Nintendo of America’s president,…
The cryptocurrency market temporarily got a boost following President Donald Trump’s electoral win, as some investors hoped his lighter approach to crypto regulation and outright promotion of certain coins would lift many digital tokens higher. But the threat of tariffs, fears of a potential recession, and increasing pessimism from some investors have caused many cryptos to fall over the past few months. While tech stocks have suffered the same fate, I think the long-term potential in tech stocks is higher and based on more concrete use cases. Here are two tech stocks that could end up ahead of crypto’s gains…
Romain Costaseca | Afp | Getty ImagesAs crypto prices rallied to record highs last year, venture investors piled into new bitcoin-related startups.The number of pre-seed transactions in the market climbed 50% in 2024, according to a report published Thursday from Trammell Venture Partners. The data indicates that more entrepreneurs entered the bitcoin arena despite a cautious funding environment for the broader tech startup universe.Bitcoin more than doubled in value last year, while ethereum rose by more than 40%. Early in the year, the Securities and Exchange Commission approved exchange-traded funds that invest directly in bitcoin and then extended the rule…
Nintendo unveiled new details on Wednesday about its hugely anticipated Nintendo Switch 2 gaming console, which will be the company’s first new console since the Nintendo Switch was introduced in 2017. The Nintendo Switch 2 will be released on June 5 and cost $450. At launch, the console will arrive both on its own and as part of a bundle with Mario Kart World, a new game for the Switch 2. What will the Nintendo Switch 2 look like? As its name suggests, the Switch 2 is an upgrade on the Nintendo Switch. It builds upon the existing design of…
The Wikimedia Foundation, the umbrella organization of Wikipedia and a dozen or so other crowdsourced knowledge projects, said on Wednesday that bandwidth consumption for multimedia downloads from Wikimedia Commons has surged by 50% since January 2024. The reason, the outfit wrote in a blog post Tuesday, isn’t due to growing demand from knowledge-thirsty humans, but from automated, data-hungry scrapers looking to train AI models. “Our infrastructure is built to sustain sudden traffic spikes from humans during high-interest events, but the amount of traffic generated by scraper bots is unprecedented and presents growing risks and costs,” the post reads. Wikimedia Commons…