AI chipmaker Cerebras Systems said it raised $1 billion in a late-stage funding round that valued it at $23 billion, nearly tripling its valuation just over four months after its previous financing. The round was led by Tiger Global.
Gold prices reversed course and slipped, as the dollar strengthened and investors booked profits after recent gains, while awaiting U.S. jobs data and assessing geopolitical developments for fresh cues.
Bitcoin fell to its lowest levels since November 2024 after beating its previous bottom, with $70,000 BTC price support and under coming into focus. Macro assets lose steam as precious metals give back recent gains.
Walmart became the first retailer ever to hit $1 trillion in market valuation, riding on a year-long rally that has seen its shares rise nearly 26%, placing it among the ranks of Big Tech heavyweights such as Nvidia and Alphabet.
Digital assets and AI infrastructure company Galaxy Digital reported a net loss of $241 million over 2025 and a loss of $482 million in the fourth quarter alone, citing a decline in crypto prices over the year.
U.S. President Donald Trump said he had agreed on a trade deal with India that slashes U.S. tariffs on Indian goods to 18% from 50% in exchange for India lowering trade barriers, stopping its purchases of Russian oil and buying oil instead from the U.S. and potentially Venezuela.
