The rapid rise of agentic AI is creating a new question for the blockchain industry: can autonomous software become an active participant in the economy, rather than simply a tool for generating information? Franklin Templeton Digital Assets estimates agentic commerce could reach $3 trillion to $5 trillion by 2030, but significant questions remain around payments,
OpenAI has announced that its digital advertising unit has reached a $1 billion annualized revenue run rate. Built in barely 200 days, the unit was highlighted by executives as concrete evidence of a maturing, highly diversified commercial architecture. By scaling brand sponsorships, enterprise infrastructure software, consumer subscriptions and API access fees, OpenAI is attempting to
Nvidia stock (NVDA) rose around 2% to $212 on Tuesday, putting the stock on track to halt its seven-session losing streak as investors prepared for the chipmaker’s fiscal second-quarter earnings after the bell Wednesday. The seven-day decline was Nvidia’s longest losing streak since 2022, with shares falling 7.5% over the stretch. The recent weakness has
China’s Moonshot AI is negotiating revenue-sharing agreements with Microsoft, Amazon and Alphabet’s Google that would allow the US cloud giants to host its Kimi K3 artificial intelligence model, Reuters reported, citing three people familiar with the talks. The discussions could result in the first major revenue-sharing arrangement between a Chinese AI company and a leading
SpaceX stock (SPCX) fell around 1% Wednesday, extending a choppy stretch in which the stock has closed lower in six of the past nine sessions. Analysts, however, see the company’s planned Louisiana expansion as a potentially significant source of upside. Morgan Stanley sees launch capacity upside Morgan Stanley analyst Adam Jonas reiterated an Overweight rating
Nvidia (NVDA) shares soared over 7% on Thursday after the chipmaker’s longer-term revenue outlook reassured investors that demand for artificial intelligence infrastructure remains strong despite concerns over spending, financing and competition. The rally could also help Nvidia break a recent pattern. The stock, trading at around $226, is also just below its all-time high of
Nvidia (NVDA) stock was down over 1% in after-hours trading after the firm posted its earnings report. Nvidia reported record second-quarter fiscal 2027 revenue of $96.2 billion, up 18% from the previous quarter and 106% from a year earlier, as demand for AI infrastructure continued to accelerate. Net income in the quarter more than doubled
SpaceX (SPCX) shares rose about 2.5% on Tuesday after closing at its initial public offering price Monday, as JPMorgan highlighted the company’s expanding artificial intelligence ambitions and enterprise strategy. JPMorgan reiterated an Overweight rating and $240 price target on SpaceX, implying roughly 74% upside from the stock’s current price. JPMorgan sees AI opportunity JPMorgan’s bullish
Nvidia stock (NVDA) edged 0.1% lower in early Wednesday trading as investors looked ahead to the chipmaker’s August 26 earnings report and weighed reports that Chinese customers may receive additional shipments of its H200 processors. The move followed a 2.3% decline on Tuesday amid a broader selloff in semiconductor stocks. The company’s upcoming fiscal 2027
Beldex, a privacy-focused blockchain infrastructure provider, has closed an $8 million funding round, bringing its total capital raised to $36 million. The new round was backed by Sigma Capital, NTC, Nxgen, Digital Consensus Fund and EAK Ventures, and follows earlier investments from DWF Labs and Block Alpha. The new capital will be exclusively deployed to