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Asia stocks tumble amid AI jitters on Wall St; KOSPI plunges 5% - Investing.com
Asia stocks tumble amid AI jitters on Wall St; KOSPI plunges 5%
Bitcoin holds below $80,000 as January prediction contracts miss liquidation-driven slide: Asia Morning Briefing - CoinDesk
Options markets signaled rising tail risk as liquidations mounted, but January prediction odds adjusted slowly as bitcoin volatility unfolded.
Trump family crypto firm sold major stake to UAE investment firm - The Washington Post
The investment, worth a reported $500 million, gave Emirati-backed investors a 49 percent stake in World Liberty Financial, a Trump crypto company.
Nvidia’s not investing $100 billion in OpenAI because the chip designer doesn’t want to pay the OpenAI valuation tax - Sherwood News
The upshot of the WSJ report on Nvidia’s relationship with OpenAI is that the former wants you to know they’re not going to be dependent on the latter.
Oracle to Raise Up to $50 Billion in 2026 for Cloud Buildup - Bloomberg.com
Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of financing needed to feed AI’s growth.
Disney is Close to Picking Parks Chief D’Amaro as Next CEO - Bloomberg
The board of Walt Disney Co. is aligning on promoting theme-park division chairman Josh D’Amaro to the role of chief executive officer and will vote on naming a new leader in the coming week, according to people familiar with the matter.