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Category: Economy

Economy

CoreWeave tanks 20% after posting wider-than-expected loss ahead of lock-up expiration

August 13, 2025

CoreWeave's stock dropped 20% after the renter of artificial intelligence data centers reported a bigger-than-expected loss. ...

Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision
Economy

Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision

August 13, 2025

Perplexity AI's offer of $34.5 billion for Google's Chrome browser is a lot lower than where some analysts value the…

Cisco reports narrow earnings beat, issues inline forecast for the year
Economy

Cisco reports narrow earnings beat, issues inline forecast for the year

August 13, 2025

Cisco's results for the fiscal fourth quarter came in mostly as analysts had expected. ...

How E.l.f pulled off its $1 billion Rhode deal
Economy

How E.l.f pulled off its $1 billion Rhode deal

August 12, 2025

E.l.f.'s affordable-yet-premium products have gone viral on social media thanks to the rise of "dupe culture," and a focus on…

Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits
Economy

Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits

August 12, 2025

Tesla is recruiting test drivers for "automated driving systems" in Queens, but hasn't applied for permits to test its autonomous…

Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations
Economy

Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations

August 12, 2025

ChatGPT was ranked No. 1 in the top free apps section of the American iOS store. Apple has tied up…

Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth
Economy

Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth

August 12, 2025

Circle shares jumped Tuesday after reporting its first quarterly earnings as a publicly listed company. ...

Spirit Airlines warns it might not be able to survive without more cash
Economy

Spirit Airlines warns it might not be able to survive without more cash

August 12, 2025

Spirit AIrlines issued a going-concern warning in its quarterly report. ...

Trump warns homeless to leave Washington, D.C., ‘immediately’
Economy

Trump warns homeless to leave Washington, D.C., ‘immediately’

August 11, 2025

President Donald Trump's remarks come as he has increased his rhetoric about countering crime in the District in recent days.…

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Crypto World

1
Cryptocurrency

Binance denies report on Iran-linked sanctions breaches and investigator firings

February 16, 2026

Crypto exchange Binance pushed back against a recent report by Fortune, rejecting allegations that it enabled sanctions-violating transactions tied to Iran and fired compliance investigators who raised concerns.Fortune reported Friday that internal investigators at Binance…

2
Cryptocurrency

Metaplanet revenue jumps 738% as Bitcoin generates 95% of sales

February 16, 2026

Japanese public company Metaplanet reported explosive revenue growth after pivoting its business around Bitcoin, with the cryptocurrency now accounting for most of its operating activity.According to its fiscal year 2025 earnings report, revenue climbed to…

3
Cryptocurrency

When will crypto’s CLARITY Act framework pass in the US Senate?

February 16, 2026

The crypto industry and investors are awaiting the completion of the US CLARITY Act, which has been delayed amid partisan politics and industry concerns.The bill would rewrite the rules of the road for the crypto…

softswiss 4
Cryptocurrency

Munich Bombshell: Wirecard Trial Drags SoftSwiss Founder Ivan Montik Into the Open — Court Shreds the “We’re Not a PSP” Defense

February 16, 2026

Inside the courtroom of the sprawling Wirecard criminal trial, SoftSwiss founder Ivan Montik was forced into a position he had long avoided: answering under oath. What emerged was not a routine testimony from a software…

Economy

Economy

China’s tech shock threatens the U.S. AI monopoly and is ‘just getting started’

February 16, 2026
Economy

Epstein files fallout: The high-profile people burned by past dealings with a predator

February 16, 2026
Economy

OpenClaw creator Peter Steinberger joining OpenAI, Altman says

February 16, 2026
Economy

What’s next for Cuba Trump turns the screws as the island runs out of jet fuel

February 15, 2026
Economy

Trump says he will issue executive order to get voter-ID requirements before midterms

February 15, 2026
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