markets

Nvidia-backed platform that turns text into A.I.-generated avatars boosts valuation to $1 billion

Synthesia, a digital media platform that lets users create artificial intelligence-generated videos, has raked in $90 million from investors —…

Big banks are talking up generative A.I. — but the risks mean they’re not diving in headfirst

AMSTERDAM, Netherlands — Major banks and fintech companies claim to be piling into generative artificial intelligence as the hype surrounding the…

Stocks making the biggest moves midday: Carnival, Nasdaq, Oracle, KeyCorp and more

Check out the companies making the biggest moves midday. Carnival — The stock rallied 12.45% after it was upgraded by…

Andreessen Horowitz to open first office outside the U.S. in London in bet UK will become crypto hub

LONDON — Andreessen Horowitz is opening its first office outside of the U.S. in London, the venture capital firm announced…

Stocks making the biggest moves before the bell: Nasdaq, Illumina, Oracle, Carnival and more

Check out the companies making headlines in premarket trading. Nasdaq — The exchange operator’s shares dropped 7.7% following the announcement…

What one key business indicator is saying about China’s consumer recovery

BEIJING — Businesses in China are spending cautiously on advertising this year as local consumption isn’t expected to bounce back…

Here’s what’s hot — and what’s not — in fintech right now

AMSTERDAM, Netherlands — At last year’s Money 20/20 — Europe’s marquee event for the financial technology industry — investors and…