$Alphabet(GOOG)$ Alphabet (GOOG, GOOGL) unit Waymo has resumed its driverless ride-hailing service in the San Francisco Bay Area following blackouts that caused a service outage on Saturday, news outlets reported Sunday, citing the company.
$Coinbase Global, Inc.(COIN)$ Coinbase Global Inc. (NASDAQ:COIN) announced its acquisition of prediction market startup The Clearing Company on Monday as part of a deeper push into the emerging sector.
$Coinbase Global, Inc.(COIN)$ $Coinbase (COIN.US)$ said it agreed to buy The Clearing Company to help grow its newly launched prediction market as part of the crypto exchange's plan to become an all-in-one platform for trading everything.
$NVIDIA(NVDA)$ Nvidia (NVDA) was briefly considered for a breakup by President Donald Trump to increase competition in AI chips, Bloomberg News reported Thursday, citing his remarks at an AI summit in Washington.
$Coinbase Global, Inc.(COIN)$ Less than a month after acquiring the on-chain fundraising platform Echo for $375 million, the cryptocurrency exchange Coinbase has taken another key step. Overnight, its official token sale platform was officially announced, reopening the door for U.S. retail investors to participate in token issuance in compliance.
$Coinbase Global, Inc.(COIN)$ Bitcoin fell to around $89,500 early Tuesday, its first drop below $90,000 since April. The world’s most popular cryptocurrency had jumped near $125,000 in early October, driven in part by enthusiasm about a pro-crypto administration in Washington.
$Alibaba(BABA)$ Roblox's (RBLX) Q1 results highlighted momentum across all of its key metrics, including engagement, monetization, profitability, and the health of its creator economy, Morgan Stanley said in a note Friday.
$Alibaba(BABA)$ Tmall, Alibaba Group's e-commerce platform, will kick off its Singles Day shopping carnival at 8 pm on Oct 20, with artificial intelligence technology leveraged to further optimize shopping experience for consumers.
$Advanced Micro Devices(AMD)$ $Advanced Micro Devices (AMD.US)$ rose 0.3%. The chip company set a record closing high on Friday of $252.92 after jumping 7.6%. The stock, which closed Friday with a market capitalization of $410.45 billion, rose following better-than-expected earnings and revenue from rival Intel. AMD also benefited from $IBM Corp (IBM.US)$'s announcement that it had used AMD hardware to run a quantum-error correction algorithm.
$Alphabet(GOOG)$ Alphabet's (GOOG, GOOGL) Google will invest about 5 billion euros ($5.8 billion) in Germany, Reuters reported Tuesday, citing an industry source familiar with the matter.
$Advanced Micro Devices(AMD)$ Global semiconductor giant $Advanced Micro Devices (AMD.US)$ reported its third-quarter earnings after the bell, with the stock seeing volatile after-hours trading, initially rising before falling. Following the announcement of a bold "equity-for-orders" partnership with OpenAI, AMD's stock had rallied significantly, setting high market expectations. However, management's guidance—vague in the short-term while optimistic for the long-term regarding AI revenue—failed to sway the market.
$Alphabet(GOOG)$ Alphabet, Meta, Microsoft, Apple, and Amazon are all set to post earnings this week. Plus, the Federal Reserve is expected to cut interest rates again this week. With such strong catalysts, it’s no wonder that analysts are pounding the table with stock upgrades.
$Taiwan Semiconductor Manufacturing(TSM)$ TSMC’s Japanese subsidiary, JASM, has signed a contract with the government of Kikuyō Town in Kumamoto Prefecture to build its second wafer fabrication plant, which marks the start of construction. The new plant involves a total investment of around $13.9 billion and will focus on 6-nanometer chips for cutting-edge applications such as autonomous driving and artificial intelligence, with production expected to begin by the end of 2027. The second plant is located east of the first plant, covering 69,000 square meters, and will create 1,700 new jobs.