Goldman Sachs Buys NEOS for $2.25 Billion to Enter Bitcoin Income ETF Market
Goldman Sachs agreed to acquire NEOS Investments for $2.25 billion on Wednesday, a deal that vaults the Wall Street giant into the rapidly...
Google Co-Founder Sergey Brin Pushes Gemini Teams to Close the Gap With Rivals
Google co-founder Sergey Brin has reasserted his influence over the company's artificial-intelligence efforts, directing Gemini engine...
OpenAI Pauses Work on a New AI Model Over Cybersecurity Concerns
OpenAI has halted development of a forthcoming frontier model after internal security reviews raised alarms about potential misuse, markin...
Bitcoin Holds Near $64,000 as Traders Await Inflation Verdict
Bitcoin traded in a tight range around $63,600 to $64,200 on Tuesday, with traders reluctant to take large positions ahead of a key U.S. i...
Harmony Blockchain Hit by Exploit as Attacker Mints 4 Billion Unauthorized Tokens
The Harmony blockchain suffered a devastating exploit on Tuesday when an attacker allegedly minted approximately four billion unauthorized...
IMF Upgrades Global Growth Forecast While Warning of Deepening Trade Fractures
The International Monetary Fund revised its 2026 global growth outlook modestly higher on Tuesday, but the accompanying report warned that...
July Inflation Data Comes in Tame, Giving Markets Room to Breathe
The Consumer Price Index for July rose just 0.1 percent from the prior month and 3.4 percent year-over-year, matching expectations and eas...
CoreWeave and Super Micro Rally as AI Infrastructure Buildout Shows Staying Power
Shares of AI infrastructure specialists CoreWeave and Super Micro Computer climbed in early trading Tuesday after both companies delivered...
Foxconn's Q2 Profit Surges 35% as AI Server Demand Outpaces Expectations
Taiwan's manufacturing giant Foxconn reported second-quarter net profit that jumped 35 percent year-over-year, driven by insatiable de...
CFTC Charges Florida Man in $397 Million Crypto Ponzi Scheme as Regulators Tighten Grip
The Commodity Futures Trading Commission has charged a Florida man with operating a $397 million cryptocurrency Ponzi scheme, one of the l...
Bitcoin Slips Toward $64,000 as Traders Await Wednesday's Inflation Test
Bitcoin retreated toward the $64,000 level on Tuesday as cryptocurrency markets joined traditional assets in a pre-data holding pattern, w...
eToro Bets $231 Million on TradeZero as Retail Trading Frenzy Spills Into M&A
Social trading platform eToro has agreed to acquire TradeZero for up to $231 million, a deal that signals how the retail trading boom is r...