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Author Archives: Techme101
CNBC Daily Open: November hasn’t been kind — or typical — for U.S. stocks
With approximately just 3 hours of trading left for the month, major U.S. indexes are looking to end November in the red, based on CNBC calculations.
Baidu is emerging as a major AI chip player in China to fill the Nvidia gap
China’s focus on pushing domestic chips could make Baidu’s chip unit, Kunlunxin, a fast-growing business for the company.
Anduril’s autonomous weapons stumble in tests and combat, WSJ reports
Defense tech startup Anduril Industries has faced numerous setbacks during testing of its autonomous weapons systems, according to new reporting by the WSJ. The problems cited include more than a dozen drone boats that failed during a Navy exercise off … Continue reading
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CNBC Daily Open: A rough and historically atypical November for U.S. stocks
With approximately just 3 hours of trading left for the month, major U.S. indexes are looking to end November in the red, based on CNBC calculations.
Merkur Group has acquired a ‘significant stake’ in ETG developer Spintec
Merkur Group has expanded its partnership with electronic table game developer Spintec to acquire a “significant stake” in the company. After initially investing back in 2019, Merkur Group has now acquired what it describes as “a significant stake” in Slovenia-based … Continue reading
Pennsylvania Gaming Control Board issues gambling fines and revokes licenses in state crackdown
The Pennsylvania Gaming Control Board has revoked licenses, imposed fines, and denied individual gambling privileges in a series of decisions. The PGCB took a number of actions on November 19 against those in violation of gambling rules in the state. … Continue reading
Kambi and PENN extend their sportsbook partnership until July 2027
PENN Entertainment has extended its agreement to use Kambi’s retail sportsbook technology until July 31, 2027. After initially extending the agreement to the end of 2025, Kambi will now continue to support PENN’s sportsbook operations until July 31, 2027. The … Continue reading
Polymarket CLO apologizes for company post allegedly including racist language
After a post to social media allegedly containing racist language from Polymarket’s company account, a representative for the company has apologized. Prediction market Polymarket was quickly called out for a now-deleted post to X that allegedly contained ethnic slurs. The … Continue reading
‘Green light’ away from AI trade: Two ETF executives see a key market shift underway
Markets may have entered a new cycle. Here’s why.
This Thanksgiving’s real drama may be Michael Burry versus Nvidia
Is Burry the canary in the coal mine, warning of a collapse that’s inevitable? Or could his fame, his track record, his now unrestricted voice, and a fast-growing audience trigger the very implosion he’s predicting?
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