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Economy

IBM shares drop as software revenue misses
Economy

IBM shares drop as software revenue misses

July 23, 2025

IBM delivered stronger earnings and income than expected and raised its forecast for full-year free cash flow. But software revenue…

Nvidia supplier SK Hynix second-quarter profit and revenue hit record highs, topping estimates
Economy

Nvidia supplier SK Hynix second-quarter profit and revenue hit record highs, topping estimates

July 23, 2025

Revenue rose about 35% in the June quarter compared with the same period a year earlier, while operating profit rose…

Chipotle stock tumbles 9% after chain cuts same-store sales forecast
Economy

Chipotle stock tumbles 9% after chain cuts same-store sales forecast

July 23, 2025

Shares of Chipotle have fallen 13% this year, dragging its market cap down to $71.1 billion. ...

Tesla reports sales miss as auto revenue drops for second straight quarter
Economy

Tesla reports sales miss as auto revenue drops for second straight quarter

July 23, 2025

Tesla’s second-quarter earnings call comes as Elon Musk’s automaker tries to revitalize EV sales and turn its robotaxis into moneymakers.…

Alphabet beats earnings expectations, raises spending forecast
Economy

Alphabet beats earnings expectations, raises spending forecast

July 23, 2025

The company increased its capital expenditures for 2025 by $10 billion due to "strong and growing demand for our Cloud…

Bessent says Aug. 12 China tariff deadline likely to be extended, talks planned in Stockholm
Economy

Bessent says Aug. 12 China tariff deadline likely to be extended, talks planned in Stockholm

July 22, 2025

Treasury Secretary Scott Bessent said the U.S. is likely to hash out an extension of President Donald Trump's upcoming trade…

Credit card startup Imprint beats big banks for Rakuten co-brand deal
Economy

Credit card startup Imprint beats big banks for Rakuten co-brand deal

July 22, 2025

There is a new player making waves in an industry dominated by big banks. Imprint is a 5-year-old credit card…

Bessent says Powell doesn’t need to resign but should conduct internal review
Economy

Bessent says Powell doesn’t need to resign but should conduct internal review

July 22, 2025

There have been no indications from Powell that he plans to step down despite a barrage of criticism from the…

Top economist Mohamed El-Erian breaks ranks with Wall Street and says Powell should resign to preserve Fed independence
Economy

Top economist Mohamed El-Erian breaks ranks with Wall Street and says Powell should resign to preserve Fed independence

July 22, 2025

El-Erian, president of Queens' College at Cambridge University, said he was aware that his view did not align with the…

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Crypto World

1
Cryptocurrency, Markets

Coinbase leads crypto stock selloff following $6.3B Binance hack

October 31, 2026

Shares of publicly traded cryptocurrency companies fell sharply Friday, with Coinbase dropping more than 13% a day after reporting a decline in third-quarter revenue, as the industry dealt with Binance’s $6.3 billion hack.Other crypto-linked stocks…

2
Cryptocurrency

Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B

October 31, 2026

Tether reported $1.5 billion in third-quarter operating profit as its excess reserves nearly doubled to $7.95 billion, according to figures released alongside its latest attestation prepared by independent accounting firm BDO.The company held $191.5 billion…

3
Cryptocurrency

Binance hackers raced to move billions before it could be frozen

October 31, 2026

Attackers behind Binance’s estimated $6.3 billion hack still control billions of dollars in stolen cryptocurrency despite efforts by token issuers to freeze the proceeds.The attack, the largest in crypto history, began at 8:04 pm UTC…

4
Cryptocurrency

Public companies double share of blockchain revenue since 2022: Report

October 29, 2026

Publicly traded companies accounted for 16% of blockchain industry revenue in 2026, more than double their 7% share in 2022, according to a new report from crypto investment firm 1kx.The increase comes as overall blockchain…

Economy

Economy

Alaska Senate election: DOJ wants to ‘segregate’ all ballots for 2nd Sullivan candidate

October 31, 2026
Economy

Treasury Department announces new Series I bond rate of 5.51% for the next six months

October 31, 2026
Economy

Intel stock has worst day since 1970s, wiping about $12 billion off government’s stake

October 31, 2026
Economy

ServiceNow shares plunge 27% to worst day ever after earnings revive AI disruption fears

October 29, 2026
Economy

Intel stock plunges 16% as chipmaker blames PC slowdown for weak guidance

October 29, 2026
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