English < Article List - DigitalToday

All articles List

AI & Enterprise

Palantir posts worst month in two years as AI stocks sell off

Palantir shares dropped 16 percent in November, recording their worst month in two years. CNBC reported that investors sold AI stocks on valuation concerns as Michael Burry increased short positions. Palantir had announced a 2 billion dollar buyback plan, but RBC Capital Markets warned of dependence on certain clients and Deutsche Bank flagged valuation risks. CEO Alex Karp rejected bubble claims, yet major AI-related stocks weakened through November.

Games & Commerce

India ecommerce platform Meesho nears IPO, SoftBank to keep stake

Meesho, a major Indian ecommerce platform competing with Amazon and Walmart’s Flipkart, is preparing a 660 million dollar IPO. SoftBank, Prosus and Fidelity will keep their stakes, while founders and early investors plan partial share sales. Launched in 2015 as a social commerce service, Meesho expanded into a low-cost marketplace and has grown rapidly among price-sensitive consumers and small sellers. Last year it reported 234.2 million active buyers and 706,471 sellers.

Crypto

Will 2,000 XRP be worth 200 million dollars in 2035?

XRP has fallen as the crypto market shed 713 billion dollars in one month, yet it is seen as having held up relatively well. Analysts and AI models now present divergent forecasts for 2035, ranging from 100,000 dollars per XRP to below 40 dollars. Based on these projections, the value of 2,000 XRP could span from tens of thousands to 200 million dollars. The wide gap has renewed investor interest despite persistent volatility.