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Category: Economy

Marvell to acquire Celestial AI for as much as $5.5 billion
Economy

Marvell to acquire Celestial AI for as much as $5.5 billion

December 3, 2025

The deal is an aggressive move for Marvell to acquire complimentary technology to its semiconductor networking business. ...

Holiday shopping turnout jumps to 202.9 million people during Thanksgiving weekend, NRF says
Economy

Holiday shopping turnout jumps to 202.9 million people during Thanksgiving weekend, NRF says

December 3, 2025

Shoppers said they were motivated by sales and promotions, such as limited-time offers, according to the trade group's annual survey.…

SoftBank soars 8% as Japanese tech stocks track Wall Street peers
Economy

SoftBank soars 8% as Japanese tech stocks track Wall Street peers

December 3, 2025

Bitcoin climbed over 7% to cross the $90,000 mark after a sharp sell-off a day earlier. ...

Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT
Economy

Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT

December 3, 2025

Anthropic, the AI startup behind the popular Claude chatbot, is reportedly in talks to launch one of the largest initial…

Delayed tariff impact starting to hit, could cause companies to reduce head count in 2026
Economy

Delayed tariff impact starting to hit, could cause companies to reduce head count in 2026

December 3, 2025

President Trump's tariffs, aimed at reshoring American jobs lost to overseas manufacturing, could end up lowering head count instead ...

Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership
Economy

Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership

December 1, 2025

The two companies are partnering to accelerate computing and AI engineering solutions. ...

Shopify outage: Shopping platform goes down for some users during Cyber Monday
Economy

Shopify outage: Shopping platform goes down for some users during Cyber Monday

December 1, 2025

Select merchants were unable to log in to Shopify, while others couldn't access their point-of-sale systems, the company said. ...

Eli Lilly cuts cash prices of Zepbound weight loss drug vials on direct-to-consumer site
Economy

Eli Lilly cuts cash prices of Zepbound weight loss drug vials on direct-to-consumer site

December 1, 2025

The announcement comes weeks after President Donald Trump inked deals with Eli Lilly and Novo Nordisk to make their GLP-1…

Economy

Bitcoin, ether fall sharply as crypto sell-off resumes

December 1, 2025

Bitcoin and ether saw heavy selling at the start of a new month, resuming the recent turbulence in digital assets.…

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Crypto World

1
Cryptocurrency, Markets

Bitcoin market dominance moves above 61%: Will altcoins follow?

May 7, 2026

Bitcoin dominance climbed to 61% on Wednesday, its highest level since November 2025. The metric has risen from 58.44% at the start of April, proving that the bullish trend continues to favor BTC over the…

2
Cryptocurrency, Markets

Three reasons why Ether price rallies fizzle near $2.4K

May 7, 2026

Key takeaways:A sharp fifty percent drop in exchange activity and decentralized application revenue is stalling Ether price growth.Institutional investor interest in Ether remains under pressure as major holders like Bitmine face billions in unrealized losses. Ether…

3
Cryptocurrency

JPMorgan, Mastercard make first cross-border US Treasury transfer via XRP Ledger

May 7, 2026

Wall Street bank JPMorgan and credit card giant Mastercard said they have completed the first cross-border, cross-bank redemption of a tokenized US Treasury fund, working with Ripple’s XRP Ledger and interbank settlement rails.The pilot transaction…

4
Cryptocurrency, Markets

XRP price copies 2025 chart fractal that last time sparked 66% gains

May 5, 2026

XRP (XRP) is currently displaying a technical pattern that follows a 2025 fractal that produced 66% gains. The daily chart shows XRP price breaking out of a bull flag, which can also result in massive…

Economy

Economy

Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers

May 7, 2026
Economy

Snap issues cautious guidance as Perplexity deal ends, Middle East ‘geopolitical situation’ causes uncertainty

May 7, 2026
Economy

Iran war threatens jet fuel shortage that could disrupt summer travel in Asia and Europe

May 7, 2026
Economy

Trump admin. moves further into AI oversight, will test Google, Microsoft and xAI models

May 5, 2026
Economy

Microsoft Xbox CEO overhauls leadership amid sinking sales: ‘We need to evolve how we work’

May 5, 2026
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