Category: Business

E EXPLAINIT

Ripple Raises $500 Million at $40 Billion Valuation in Major Investment Round

1 month ago

Ripple Secures $500 Million Investment at $40 Billion Valuation Ripple, a leading blockchain payments company, has announced a significant investment round that has raised $500 million, valuing the company at an impressive $40 billion. The round was led by Fortress Investment Group and Citadel Securities, with participation from other major investors such as Pantera Capital, […]

Read Full Article
E EXPLAINIT

AI Sell-Offs Expected After Trader Bets Against Nvidia and Palantir

1 month ago

Trader’s $1 Billion Bet Sparks Market Concerns After a trader bet $1.1 billion against AI-related stocks Nvidia and Palantir, concerns about the valuation of AI companies have intensified in the market. The trader, Michael Burry, known for his successful shorting of the US housing market in 2008, has made a bold move that has sent […]

Read Full Article
E EXPLAINIT

Dow Closes Up 200 Points After Supreme Court Probes Trump Tariff Argument and Sparks AI Rebound

1 month ago

Dow Jones Industrial Average Gains 225.76 Points The Dow Jones Industrial Average closed up 200 points following the Supreme Court’s scrutiny of President Trump’s tariff argument, which sparked a rebound in AI-linked companies such as chipmaker Advanced Micro Devices. The market rebounded from valuation-driven losses in the previous session, with the S&P 500 rising 0.7% […]

Read Full Article
E EXPLAINIT

Anime Studio Bankruptcies and Closures on the Rise in Japan

1 month ago

Anime Studio Bankruptcies and Closures on the Rise in Japan The anime industry in Japan is facing a challenging time as studio bankruptcies and closures continue to rise for the third consecutive year. This trend has been highlighted by recent reports of several prominent anime studios filing for bankruptcy or suspending operations. One such example […]

Read Full Article
E EXPLAINIT

Stock Market Meltdown: $32 Billion Wiped Out in 2025 Crash

1 month ago

Introduction In a shocking turn of events, the global stock market experienced a meltdown in 2025, wiping out a staggering $32 billion in just two days. This unprecedented crash has left investors reeling and experts scrambling to determine the root cause of this financial catastrophe. What Went Wrong? The stock market crash of 2025 was […]

Read Full Article
E EXPLAINIT

Upstart Stock Plunges Over 14% on Mixed Q3 Results and Subpar Outlook

1 month ago

Upstart Stock Plunges Over 14% on Mixed Q3 Results and Subpar Outlook Today, Upstart Holdings Inc.’s stock took a hit, plunging over 14% in premarket trading. This decline comes as investors reacted to the cloud-based artificial intelligence (AI)-powered lending platform’s mixed third-quarter results and subpar outlook for the future. The company reported that its shares […]

Read Full Article
E EXPLAINIT

The Future of AI in Business: Strategies for Success in 2025

1 month ago

The State of AI in 2025 As we look ahead to the future of AI in business, it is crucial to understand the key strategies for success in 2025. Establishing robust talent strategies and implementing technology and data infrastructure are essential components that contribute to AI success. Practices such as embedding AI into business processes […]

Read Full Article
E EXPLAINIT

Stock Market Today: Dow, S&P Live Updates for November 5

1 month ago

Stock Market Today: Dow, S&P Live Updates for November 5 On November 5, the stock market experienced a brief pullback before buyers emerged, particularly in the artificial-intelligence sector. The Dow Jones Industrial Average and the S&P 500 showed resilience, bouncing back from a recent slide. Bitcoin also rallied, while bonds fell. Despite concerns over the […]

Read Full Article
E EXPLAINIT

Global Stock Markets Brace for Correction Amid AI Bubble Fears

1 month ago

Global Stock Markets ‘On Verge of Correction’ as Bubble Fears Mount Stock markets around the world are facing the imminent threat of a correction as fears of an artificial intelligence (AI) bubble continue to mount. Volatile trading has already wiped out $500 billion in value from AI chip makers, sending shockwaves through the financial markets. […]

Read Full Article
E EXPLAINIT

Big Short Trader Sparks Sell-Off in AI Tech Shares

1 month ago

The Big Short Trader’s Influence on AI Tech Shares Recently, a well-known trader who inspired the film The Big Short has made a significant bet against artificial intelligence (AI) companies, causing a sell-off in the tech sector. This trader, known for his successful predictions in the past, has set his sights on AI stocks, leading […]

Read Full Article
E EXPLAINIT

$1 Trillion Wiped: Global Markets Plunge Amid Risk-Off Storm

1 month ago

Global markets plunge as tech stocks and crypto crash Amid fears of an AI bubble and investor risk-off panic, over $1 trillion in value has been wiped off global markets. The trigger for this massive sell-off was the over-heated valuations in AI-linked stocks and concentrated risk in the market. The crypto market alone shed over […]

Read Full Article
E EXPLAINIT

Tech Stocks Plunge Amid AI Bubble Fears on Wall Street

1 month ago

Market Turmoil: Tech Stocks Plunge Amid AI Bubble Fears Investors are on edge as tech stocks take a nosedive on Wall Street, fueling concerns of an AI bubble burst reminiscent of the dotcom crash. The recent sharp declines in major US indices like the Nasdaq Composite, S&P 500, and Dow Jones Industrial Average have sent […]

Read Full Article
E EXPLAINIT

Global Stock Markets Fall Sharply Over AI Bubble Fears

1 month ago

Global Stock Markets Plunge Amid AI Bubble Concerns Global stock markets have experienced a significant decline recently, with fears of an artificial intelligence (AI) bubble causing widespread panic among investors. The rapid rise in valuations of AI companies has led to concerns that the market may be overheated and due for a correction. European and […]

Read Full Article
E EXPLAINIT

Global Stock Markets Fall Amid Bubble Fears and AI Concerns

1 month ago

Global Stock Markets Fall Amid Bubble Fears and AI Concerns Global stock markets have experienced a sharp decline as fears of a bubble and concerns about artificial intelligence (AI) continue to grow. This comes after bank executives warned of a potential 10-20% correction in the stock market, citing overvalued companies and a run of record […]

Read Full Article
E EXPLAINIT

AI Stocks Face Uncertainty as Risk Sentiment Improves

1 month ago

AI Stocks Face Uncertainty as Risk Sentiment Improves Recent fluctuations in the market have left investors wondering about the future of AI stocks. While risk sentiment has improved, concerns linger about whether the AI trade can fully recover. Market analysts point out that seasonal trends could potentially drive a stock market recovery in the coming […]

Read Full Article
E EXPLAINIT

Q3 2025 Earnings Beat Leads to Stock Dips: Analysis and Insights

1 month ago

Q3 2025 Earnings Beat Leads to Stock Dips: Analysis and Insights In the latest earnings call transcript for the third quarter of 2025, many companies reported strong earnings beats, surpassing market forecasts and expectations. However, despite the positive financial results, stock prices dipped for several companies, leading to investor concerns and market reactions. One company […]

Read Full Article
E EXPLAINIT

Wall Street and Bitcoin Plunge Over AI Bubble Fears

1 month ago

Wall Street and Bitcoin Plunge Over AI Bubble Fears Bitcoin slid as high-flying tech stocks tumbled on fears over an artificial intelligence bubble. The price of bitcoin briefly dipped below $100,000 for the first time since June, as investors withdrew their money from riskier assets such as cryptocurrencies over fears about the economic outlook. Shares […]

Read Full Article