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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

Bitcoin miners saw the AI power crunch coming — and the nuclear revival

March 13, 2026

Nuclear power is gaining renewed attention in the United States as artificial intelligence and data center expansion drive demand for reliable, large-scale electricity.According to the latest Miner Weekly newsletter from TheEnergyMag, recent annual filings suggest…

2
Cryptocurrency

KuCoin launches perpetual futures tracking Tesla and Strategy stocks

March 13, 2026

Crypto exchange KuCoin has launched equity-linked perpetual derivatives tied to stocks, including Tesla and Strategy, allowing traders to speculate on their price movements through USDt-settled contracts that trade around the clock.According to Friday’s announcement, the…

3
Cryptocurrency

Ethereum accumulation wallets jump 30%: Will ETH price follow?

March 13, 2026

Ether (ETH) traded about 30% below its yearly open of $2,990, as traders grow increasingly risk-averse amid a global conflict and macroeconomic uncertainties.Still, stronger network usage and increasing inflows into ETH accumulation addresses could provide…

4
Cryptocurrency

Kalshi preemptively sues Iowa, claiming risk of enforcement action

March 12, 2026

Prediction market Kalshi has sued regulators in the US state of Iowa, claiming it did so as there was a risk of an impending enforcement action over its sports event contracts.Kalshi sued Iowa Attorney General…

Economy

Economy

How the Iran war could start to impact U.S. retail prices

March 13, 2026
Economy

Pete Hegseth on Strait of Hormuz: ‘Don’t need to worry about it’

March 13, 2026
Economy

Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%

March 13, 2026
Economy

Plans for record emergency oil release signal Middle East war could drag on for months

March 12, 2026
Economy

Trump administration launches Section 301 trade probes into Mexico, China, EU, others

March 12, 2026
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