In a surprising development, the US president has announced he will not seek a second term, sending the election into uncharted territory.
As a result, the Democratic Party must now select a new candidate to face Republican nominee Donald Trump in the November election, a contest already characterized by tension, division, and even an assassination attempt.
This announcement follows months of speculation regarding President Biden’s age and fitness for office, exacerbated by several high-profile gaffes and a poor debate performance.
Despite his insistence that he was the best candidate to defeat Trump, there were increasing calls within his own party for him to step aside.
Biden recently tested positive for COVID-19 while on the campaign trail, experiencing mild symptoms including general malaise. Attention now shifts to who will succeed him, with the selection likely to take place at the Democratic National Convention in August.
The presumptive Democratic nominee is now Vice President Kamala Harris: Online chatter began to focus on her taking Biden’s place on the ticket after the president’s disastrous June 27 debate.
Nvidia’s recent market retreat hasn’t shaken analysts’ confidence in the stock’s long-term potential. Despite a dip to $135.13 at the close of the last session, chart watchers say a powerful setup could send NVDA soaring toward the $200 mark in the coming months.
The team behind Pi Network is diving into the gaming industry with the release of FruityPi, a new application designed to highlight the practical use of its ecosystem tools, including the Pi cryptocurrency, wallet, and ad services.
The FTX Recovery Trust has initiated a new $5 billion round of reimbursements, starting May 30, for creditors who completed the necessary steps.
As Nvidia’s stock continues its upward surge, company executives are preparing to cash in. CEO Jensen Huang is expected to sell up to $800 million worth of shares under a trading plan adopted earlier this year, marking his first such sale of 2025.