The biggest Chinese technology companies are underperforming the market despite the ongoing artificial intelligence boom. Xiaomi stock has plunged by 30% this year, while Tencent and Alibaba have dropped by 27% and 13%, respectively. They have suffered steeper declines from their highest points last year. Xiaomi, which is widely seen as China’s answer to Apple,
SoFi Technology (NASDAQ: SOFI) stock price popped on Friday after forming the highly bullish double-bottom pattern at $15. It soared to a high of $18.50, its highest point since April 28, up by 22% from its lowest point this year, as investors welcomed the new stablecoin. SoFi Technology stock technicals point to more gains The
The Super Micro Computer (NASDAQ: SMCI) stock price extended its rally on Friday as the artificial intelligence supercycle gained momentum. It jumped to $48, its highest point since November 25, up by 145% from its lowest point this year. This rally may continue soon as the Supermicro stock nears a golden cross pattern. SMCI stock
For years, California Gov. Gavin Newsom has reaped the benefits of Silicon Valley’s AI boom — in the form of tax revenue for his state and political contributions from industry leaders. Newsom’s interests often aligned with those of tech titans, and he largely protected those interests. In 2024, for example, he vetoed a bill that
CBS News has reportedly declined to renew its contract with Sharyn Alfonsi, the “60 Minutes” correspondent whose segment about the Trump administration deporting Venezuelan men to a prison in El Salvador was abruptly pulled off the air late last year. Alfonsi confirmed the expiration of her CBS News deal in an interview with The New
MIAMI — A federal judge on Wednesday declined to jail a Florida teenager accused of killing and sexually assaulting his stepsister, allowing him to remain in the custody of a family member while he awaits trial. Timothy Hudson, 16, has been free since the slaying of Anna Kepner, who died on Nov. 7, 2025, aboard
CBS News editor-in-chief Bari Weiss on Thursday replaced Tanya Simon, the executive producer of the network’s flagship newsmagazine “60 Minutes,” with a technology journalist who has never worked in television news. Nick Bilton, a documentarian and former New York Times technology columnist, will take over for Simon when the show returns for a 59th season
The post SUT Runs Digital Asset Promotion in Conjunction with Sydney K-MEGA Concert appeared first on Coinpedia Fintech News Digital asset SUT (Super Trust) announced that it will hold a promotion in conjunction with the ‘K-MEGA CONCERT,’ which will take place at the Qudos Bank Arena in Sydney, Australia, on June 26th. The promotion includes
The post One Trader Moved a $1,000 Position From Solana Into Ozak AI, Targeting 40× Growth Instead of 2× Stability appeared first on Coinpedia Fintech News A recent trade highlights the growing interest in early-stage AI crypto projects as investors seek higher returns than traditional or well-established tokens can provide. One trader reportedly shifted a
The post Stellar (XLM) Price Explodes 20% After Crushing Bearish Pressure—Can the Rally Continue Beyond $0.20? appeared first on Coinpedia Fintech News Stellar (XLM) price has staged a powerful comeback after weeks of bearish pressure, surging nearly 20% to reach $0.16 and reigniting bullish sentiment across the altcoin market. The sudden upswing comes as buying