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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

Bitcoin miner inflows to Binance soar as BTC struggles to hold uptrend: Is $70K next?

May 28, 2026

Weakening spot demand, miner inflows to exchanges and freshly opened shorts put downside pressure on Bitcoin price.

2
Cryptocurrency

Crypto card monthly transaction volume surges 230% from 2025

May 28, 2026

Payment volume on crypto-linked credit and debit cards has been steadily increasing since 2024, reaching about $7.8 billion in cumulative transactions this month.

3
Cryptocurrency, Markets

Bitcoin falls further as BTC miners pivot to AI, pro-crypto legislation stalls

May 28, 2026

Bitcoin’s underperformance of stocks deepens as BTC miners pivot to AI and pro-crypto regulation in the United States stalled.

4
Cryptocurrency

Grvt adds 3 tokenized yield funds tied to institutional-grade RWAs

May 26, 2026

Decentralized perpetual futures exchange Grvt will work with Plume to launch three tokenized real-world asset (RWA) yield products, offering users access to fixed-income and structured credit strategies through self-custodial wallets. According to Tuesday's announcement, the…

Economy

Economy

Oil jumps after fresh U.S. strikes in Iran revive Strait of Hormuz disruption fears

May 28, 2026
Economy

Snowflake rockets 36% on earnings beat and plan to spend $6 billion on Amazon cloud

May 28, 2026
Economy

Fed’s Kashkari says inflation fight takes priority as labor market is ‘in decent shape’

May 28, 2026
Economy

American Airlines picks SpaceX’s Starlink for in-flight Wi-Fi on more than 500 planes

May 26, 2026
Economy

Trump to host Cabinet meeting at Camp David on Wednesday as Iran talks continue

May 26, 2026
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