VELVET surged 54% to a six-week high of $1.12, breaking past the $1 resistance and turning it into support. The rally was driven by increased speculative demand, with derivatives trading volume jumping 390% and Open Interest rising 69%, indicating more capital entering new positions. Buyers outpaced sellers, especially among top Binance traders, signaling expectations for continued gains. However, increased spot selling and an overbought RSI suggest a potential pullback if demand fades.
At its GTC 2026 conference, NVIDIA CEO Jensen Huang declared that every industrial company will become a robotics company, signaling a strategic shift toward robotics and physical AI. NVIDIA introduced Isaac GR00T humanoid robot models and new AI fra...
Rivian has significantly improved its advanced driver-assistance system (ADAS), surpassing legacy competitors like General Motors but still trailing Tesla's Full Self-Driving (FSD) capabilities, especially in nonhighway and point-to-point driving. Th...
Microsoft reported a 17.7% revenue increase to $90.01 billion in Q4 FY 2026, driven by a 31.6% rise in cloud revenue and an 84% jump in commercial backlog. The company maintains a 21-year streak of dividend growth and trades at a 12% discount to its ...
Accenture is currently trading at a low forward P/E of 12.8 and offers a 3.7% dividend yield, both below its historical averages. Despite market volatility and concerns about AI disruption, the company posted a solid 9% earnings per share growth in Q...
Nvidia updated its stock portfolio to $63.4 billion as of June 30, 2026, a sharp rise from $18.4 billion the previous quarter. This growth was driven by gains in existing holdings and a new $21 billion position in SpaceX, marking Nvidia's first publi...
