As fears mount that the artificial intelligence (AI) bubble has popped, Wall Street dealmaking is being kept alive by a fundamental problem: bitcoin BTC$87,650.10 miners and data center developers still require serious amounts of power. “M&A work is still ongoing as people still need power,” said Joe Nardini, head of investment banking at B. Riley…
NEW DELHI: Karnataka’s opposition BJP on Tuesday launched a sharp attack on the Karnataka CM Siddaramaiah and deputy CM DK Shivakumar for allegedly prioritising Rahul Gandhi over German Chancellor Friedrich Merz, who landed in Bengaluru for his visit to India.The allegations follow the Congress leaders’ presence in Mysuru to receive senior party leader Rahul Gandhi,…
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Gold remains in a broad consolidation phase following the recent correction from highs. (AI image) Gold price prediction today: Gold prices will likely be range-bound in the coming days, says Divya Mandaliya, Commodity Research Analyst, Anand Rathi Share and Stock Brokers Limited.Gold’s price action over the past week highlights a market increasingly driven by liquidity…
NEW DELHI: Kerosene oil, which has made a comeback for household use across several states and UTs, will be primarily made available through ration shops and, in some cases, from retail outlets of public sector oil marketing companies for cooking and lighting purposes. The Centre on Thursday allocated 48,000 kilolitres (kl) of additional kerosene to…
Stablecoin issuer Circle’s (CRCL) shares tumbled on Tuesday, after a draft version of U.S. stablecoin legislation raised concerns about limits on yield. The stock of the USDC issuer fell as much as 18% in the early U.S. session, snapping a weeks-long rally that saw more than 100% gain. Meanwhile, crypto platform Coinbase (COIN), which shares…
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