Fed Bank Stress Tests Highlight Narrow Focus on Data Center Risk
When the Federal Reserve releases its 2026 bank stress test results at 4 p.m. ET on Wednesday, the headline will almost certainly show tha...
U.S. Chip Export Controls Face Pushback From a Key Ally
Dutch Trade Minister Sjoerd Sjoerdsma arrived in Washington on June 24 with an awkward message for lawmakers drafting the Match Act: your ...
Oracle Cuts 21,000 Jobs as AI Reshapes Its Workforce
On a Monday morning call with analysts, Oracle Corp. executives acknowledged what some had long suspected: the software giant’s sweeping A...
Bitcoin Price May Be Near Bottom as Bear Cross Approaches
Bitcoin may be nearing the end of its bear market, according to a technical signal that has accurately marked the bottom of each of the cr...
Ethereum Foundation Cuts 20% of Staff Amid Leadership Exodus
The Ethereum Foundation is eliminating 54 positions, roughly 20 percent of its workforce, as part of a sweeping restructuring that comes a...
SpaceX Readies $20 Billion Bond Debut to Fund AI Ambition
SpaceX is preparing to sell roughly $20 billion in investment-grade bonds in its first U.S. dollar offering, launching a borrowing spree i...
Global Stocks Fall as Chipmakers and Tech Slump on Rate Bets
Global equities fell broadly on Tuesday, led by a sharp selloff in technology and semiconductor shares, as investors grew more convinced t...
Uber Caps Staff Use of AI Coding Tools After Blowing Its Budget
Uber Technologies has imposed mandatory monthly spending caps on the AI coding tools used by its engineers after the company exhausted its...
Google and Microsoft Team Up to Challenge Anthropic and OpenAI in AI Alliance
Google and Microsoft, long rivals in cloud and productivity software, have joined Salesforce and a growing list of technology companies to...
Markets Navigate Uncertainty as S&P 500 Holds Near Record Territory and Oil Fluctuates
The S&P 500 closed near its highest level of the year on June 15, rising 1.65% to 7,554.29, while the Nasdaq Composite climbed 3.07% t...
Ethereum's Slide Deepens as Layer 2 Networks Lure Capital Away From the Base Chain
Ethereum's decline in early 2026 has not been a modest one. The network's native cryptocurrency closed the first quarter of the ye...
Stellar's DTCC Partnership Makes XLM an Institutional Bet in Crypto's Downturn
In a month when most major cryptocurrencies have struggled, Stellar's native token XLM has managed to become one of the most talked-ab...