Business

Polestar Banned From US Market as Commerce Department Enforces Connected Vehicle Rule

Polestar has been officially banned from selling new vehicles in the U.S. starting with the 2027 model year, sending PSNY shares down 13%. The Commerce Department cited national security risks tied to the brand's Chinese-linked software.

21Shares Cuts 2026 Crypto Price Targets Amid Institutional Shift

21Shares has lowered its 2026 cryptocurrency price targets as high US inflation data suppresses retail demand, though institutional ETF holdings remain near all-time highs at 1.25 million BTC.

NVIDIA Stock $400 Target: Blackwell Demand Sparks Trillion-Dollar Infrastructure Run

NVIDIA CEO Jensen Huang confirmed the company has visibility into over $1 trillion in demand for its Blackwell and Rubin chips through 2027, with 2026 supply completely sold out.

Galaxy Digital’s $400M Project Merlin Approved as Wall Street Pivots Crypto Miners to AI

Galaxy Digital secured approval for a $400 million Texas data center expansion as Wall Street increasingly values crypto miners for their AI power grid infrastructure.

Microsoft Stock Buy Signal Surfaces Following 25 Percent Cap Wipeout

Microsoft erased $1.3 trillion in market value before hitting a key support zone, driven by investor fatigue over its $190 billion AI infrastructure expenditure.

Iraq Threatens to Exit OPEC as U.S.-Iran De-Escalation Pushes Crude Prices to $73

Iraq’s oil ministry has demanded a higher production ceiling from OPEC, threatening to leave the cartel as Brent crude prices fall to $73 per barrel.

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