GoKawiil
Tech News
Advanced Micro Devices stock hit a record intraday high of $613.92 on Monday, pushing the company's market valuation above $1 trillion for the first time. The gain extends a five-day rally in which AMD shares climbed roughly 24%, and the stock is now up more than 180% for the year.
Bitcoin surged past $85,000 on Monday morning, hitting an intraday high of $85,229 before settling near $84,256, a gain of roughly 3.8% on the day. The move extends a multi-day rally that has pushed the token up more than 7% over five days and nearly 35% over three months, though it remains far below its October peak above $126,000.
Prediction market Polymarket allowed a scheme involving stolen debit cards to proceed despite internal warnings, with CEO Shayne Coplan reportedly dismissing concerns raised about the fraud. The company is now moving to strengthen its executive leadership team as it positions itself for a potential public listing.
Wall Street saw another volatile week as the Federal Reserve raised interest rates a quarter point to a range of 3.75%-4%, its first hike in three years, while renewed concerns about AI safety rattled tech stocks. The Dow fell 1.7% for its third consecutive losing week, led by steep declines in bank stocks including Goldman Sachs, which dropped nearly 8.5%. The S&P 500 and Nasdaq held up better, with the Nasdaq even gaining slightly as investors bought back into AI names after an early sell-off, while oil price swings tied to Mideast tensions added further pressure on companies like Boeing and FedEx.
A tech feature compiled a list of ten niche Japanese gadgets, ranging from an AI companion shaped like a meerkat that remembers past conversations to a handheld umbrella with a built-in fan, that are largely absent from American retail shelves. The author sourced these products by digging through Japan's domestic gadget market, deliberately focusing on inventions rarely exported abroad.
Despite widespread claims that artificial intelligence is destroying the value of computer science degrees, employers say demand for graduates remains strong. However, hiring managers now expect candidates to demonstrate practical skill working alongside AI tools rather than just traditional programming knowledge.
A new Pew Research Center poll spanning 37 countries finds that majorities in 34 of them believe artificial intelligence will reduce employment over the next two decades. The United States ranked as the third-most pessimistic nation at 71%, trailing only South Korea and Australia at 76% each, while poorer nations like Nigeria were more likely to see AI creating jobs.
A serial founder who has launched over 100 companies across 25 jurisdictions recounts how replicating a home-market product and website for a China expansion led to failure. Drawing on that experience, he outlines a three-step approach: validate market demand before incorporating, test the true cost structure before committing capital, and build a disciplined roadmap with clear entry metrics before spending on legal setup.
Chinese AI startup Moonshot announced Thursday that its Kimi models now integrate directly with financial data providers including S&P Global Market Intelligence, Crunchbase, Wind, Tianyancha, SEC EDGAR filings, the IMF, World Bank and FRED. The company said clients such as CICC and venture firm Hong Shan (formerly Sequoia China) are already using Kimi's new financial-services tools, which are offered through tiered subscriptions ranging from 49 to 699 yuan per month.
A panel of 15 business leaders shared economic indicators companies should monitor beyond commonly reported figures like GDP or inflation. Many of these signals rarely appear in financial news coverage, while others are widely reported but dismissed by executives who assume they're irrelevant to their specific business.
A major legislative priority backed by the cryptocurrency industry failed to secure the 60 votes needed to advance to a full Senate floor debate. The setback comes despite heavy lobbying and campaign spending by crypto interests aimed at shaping favorable regulation in Congress.
Realtor.com evaluated the 100 largest U.S. metro areas based on affordability and rates of new home construction, then ranked the ten best markets for buyers. The report highlights cities where local policy choices have helped keep housing costs in check despite broader market pressures.