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Ex-Malaysia Digital Star That Built PM’s Avatar Is Mired in Debt

2 days 21 hours ago
Earlier this year, Malaysia’s Zetrix AI Bhd. was preparing to list its artificial intelligence unit on Nasdaq and had even built an AI avatar of Prime Minister Anwar Ibrahim. Now the onetime digital infrastructure star has lost more than 90% of its market value, is mired in debt and risks defaulting on its Islamic bonds.

Nvidia Should 'Leave the Door Open' for Jensen Huang Return, Says Founders 100 ETF's Cassidy

2 days 23 hours ago
Lauren Cassidy, Founder & Chief Investment Officer, at Founders 100 ETF says the Nvidia board should leave the door for Nvidia CEO Jensen Huang to return dependent on the results of the investigation because he has been an 'incredible executive.' Huang was ousted from his post after reports of three affairs, including one with a woman suspected of spying for China. Longtime Chief Financial Officer Colette Kress is taking the job of interim CEO, Nvidia said on Thursday, and Huang will no longer have ties with the chipmaker. The board, which has never had a chair before, appointed director Harvey Jones to that role. (Source: Bloomberg)

The Yen Is Becoming Too Hard for Some Investors to Trade

2 days 23 hours ago
After a year of wild swings, the yen surprised traders by settling into a tight range clustered near 158 per dollar over recent months. But this week it broke out again, unexpectedly breaching the key 160 threshold before rebounding on speculation that officials would intervene to support the currency.
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