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LATEST

EU’s €5bn tech superfund officially open for business●Coldcard urges users to move bitcoin as active wallet exploit continues●China’s MiniMax curbs overseas access to new AI video model over copyright disputes●Raiffeisen crosses 55% threshold to secure control of Addiko Bank●Italy’s biggest bank triples staked Ether ETF holdings while cutting IBIT shares●MediaTek-backed PalmPay eyes Hong Kong IPO to fuel global expansion●Broadridge quarterly profit climbs on investor communications strength●FG moves to end reckless handling of citizens’ data across ministries●EU’s €5bn tech superfund officially open for business●Coldcard urges users to move bitcoin as active wallet exploit continues●China’s MiniMax curbs overseas access to new AI video model over copyright disputes●Raiffeisen crosses 55% threshold to secure control of Addiko Bank●Italy’s biggest bank triples staked Ether ETF holdings while cutting IBIT shares●MediaTek-backed PalmPay eyes Hong Kong IPO to fuel global expansion●Broadridge quarterly profit climbs on investor communications strength●FG moves to end reckless handling of citizens’ data across ministries●

Asia

What bubble? Amazon enters $3 trillion market cap club, CEO highlights striking AI demand

Markets-Economic Times · 2h ago · 🇮🇳 India

What bubble? Amazon enters $3 trillion market cap club, CEO highlights striking AI demand

Amazon shares reached a new high, briefly surpassing $3 trillion in market value. This surge followed a strong earnings report and increased investor confidence in artificial intelligence. The company's cloud services showed significant growth, exceeding expectations and boosting its valuation. Amazon anticipates substantial capital expenditures to meet future artificial intelligence demand. Other tech giants like Apple and Microsoft also saw their market values increase.

Read the full story at Markets-Economic Times →

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