Finbourne secures $70 million for technology that turns financial data dust into AI gold | TechCrunch

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Companies in areas such as financial services and insurance live and die by their data – and specifically how well they can use it to understand what people and businesses will do next, a process increasingly dominated by AI. Now a startup called Finbourne, founded out of the financial center of London, has built a … Read more

Trending tickers: Latest investor updates on Nvidia, Lululemon, Fever-Tree and gold

Nvidia overtakes Apple as its market cap surpasses $3 billion (Reuters/Reuters) Nvidia (NVDA) US chip designer Nvidia on Wednesday became the third US company to reach a market valuation of more than $3 trillion (£2.4 trillion), overtaking Apple (AAPL) to become the world’s second most valuable company. Nvidia shares rose 5.2%, pushing its market cap … Read more

Markets next week: Gold, EUR/USD, GBP/USD, USD/JPY; Eurozone inflation, US core PCE

Most read: EUR/USD Trade Setup – Bullish Continuation Depends on Breakout of Resistance The new week will start slowly as both the US and UK markets will be closed on Monday – the former for Memorial Day and the latter for a holiday. Holidays in these financial centers mean lower trading volume, potentially leading to … Read more

The gold rally has asset managers wondering whether the price is still right

Chinese leader Xi Jinping and Russian President Vladimir Putin pledged last week to work together against what they called the “destructive and hostile” US. And few commodities have been as affected by their policies as gold. Just days later, on Monday this week, the price of the precious metal rose to a record high of … Read more