Avalanche Seeks to Raise $1B for Crypto Reserves, AVAX Price Soars
Yahoo Finance· 2025-09-11 16:31
Avalanche has recently broken out of a long 213-day consolidation phase. The breakout follows a Financial Times report, which claims that the Avalanche Foundation is in advanced discussions with investors to establish two US-based “digital asset treasury” companies. According to the report, the entities aim to cumulatively raise $1 billion to purchase millions of AVAX tokens at a discount. The first treasury, spearheaded by Hivemind Capital, is targeting $500 million through a Nasdaq-listed firm, with po ...
InterDigital awarded injunction against Disney
Globenewswire· 2025-09-11 16:30
WILMINGTON, Del., Sept. 11, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced it has been awarded a preliminary injunction against Disney by a court in Brazil. The 7th Corporate Court of the Judicial District of the Capital of Rio de Janeiro ruled that InterDigital is entitled to a preliminary injunction over Disney’s infringement of two InterDigital patents related to AVC and HEVC video coding technology. The deci ...
3 Reasons Alphabet Is One of the Best Dividend Stocks to Own
The Motley Fool· 2025-09-11 16:30
Alphabet's young dividend is backed by powerful cash generation and a disciplined capital-return playbook.Alphabet (GOOGL -0.15%) (GOOG -0.12%) has turned a corner from a pure growth story to a growth-and-income story. The parent of Google, YouTube, and Google Cloud is now paying a quarterly dividend and, more importantly, has ample capacity to raise it over time. Yes, shares have been volatile around heavy artificial intelligence (AI) investment and data-center build-outs, but the operating performance und ...
Global Stock Markets Mostly Rise After S&P 500, Nasdaq Hit Record Highs
WSJ· 2025-09-11 16:29
Investors now await consumer price data later to provide clues to the pace of rate cuts through end-year. ...
Why U.S. Inflation Data Are a Bigger Driver Than the ECB For Euro
Barrons· 2025-09-11 16:28
CONCLUDED Stock Market News From Sept. 11, 2025: S&P 500 Hits New High Last Updated: 14 hours ago Why U.S. Inflation Data Are a Bigger Driver Than the ECB For Euro By Renae Dyer, Dow Jones Newswires The U.S. CPI inflation report at 8:30 a.m Eastern time is more likely to trigger a reaction in the euro-dollar exchange rate than the European Central Bank's decision at 8:15 a.m. Eastern time, TD Securities strategists said in a note. The ECB looks set to keep the deposit rate unchanged at 2.0% as widely expect ...
Adani bid to end bribery case stalls amid volatile US-India ties
BusinessLine· 2025-09-11 16:27
Billionaire Gautam Adani’s efforts to get US fraud charges against him resolved have stalled, according to people familiar with the matter, prolonging the regulatory overhang that has hobbled the Adani Group’s global expansion plans.Progress Adani’s representatives had been making with American officials has faltered in recent months as the US and India have clashed on issues like trade, Russian oil and India’s conflict with Pakistan, said the people, who asked not to be identified as the talks are private. ...
IEA Further Lifts Oil Supply View, Pointing to Larger Surplus Ahead
WSJ· 2025-09-11 16:25
Global oil markets are bracing for an even larger surplus than previously anticipated as supply growth continues to far outstrip demand, the International Energy Agency said. ...
5 Reasons Lululemon Stock Can Bounce Back
The Motley Fool· 2025-09-11 16:25
Lululemon has had a rough year. Can it turn things around?Of all 500 companies on the S&P 500, none have done worse this year than Lululemon Athletica (LULU -0.93%). It's been a truly awful year for the leading athleisure and exercise apparel company, as the stock has fallen 56% year to date. It's fallen by double digits in all three of its earnings reports this year, including by 19% just last Friday, Sept. 5, as it slashed its full-year earnings per share guidance from $14.58 to $14.78 to $12.77 to $12.97 ...
Elon Musk Thought OpenAI Had A '0%' Chance Of Success, Says Sam Altman, Calls xAI A 'Competitive Clone' - Tesla (NASDAQ:TSLA)
Benzinga· 2025-09-11 16:24
Sam Altman, co-founder of artificial intelligence company OpenAI, says that Tesla Inc. TSLA and SpaceX CEO Elon Musk has been upset at the success of ChatGPT.Sam Altman Says He Is ‘Very Grateful' For Elon Musk's Help With OpenAIIn an interview with journalist Tucker Carlson on Wednesday, Altman shared that he was "very grateful" for Musk's help with OpenAI, which he also co-founded in 2015 as a non-profit organization."I really, for a long time, looked up to him as just an incredible hero and great jewel of ...
Chinese Stocks Jump Most Since March, Led by AI-Linked Shares
Yahoo Finance· 2025-09-11 16:20
An advertisement for artificial intelligence at the MWC Shanghai tech show in Shanghai, in June. Photographer: Qilai Shen/Bloomberg Chinese stocks rallied on Thursday, with gains led by shares of companies that are among the major beneficiaries of the nation’s push for homegrown technology. The CSI 300 Index, a benchmark of onshore equities, jumped 2.3% to cap its biggest advance since mid-March. Shares of artificial intelligence chip designer Hygon Information Technology Co. surged 20% to be the top gai ...