Strategy Stock Craters Near $95 as Bitcoin Slides Toward $61,000
Strategy Incorporated, once the most prominent corporate holder of Bitcoin, has seen its stock fall sharply alongside the cryptocurrency, ...
U.S. Senate Passes Housing Bill With Four-Year Ban on Federal Reserve CBDC
The U.S. Senate passed a sweeping bipartisan housing affordability bill on June 22 that includes a four-year ban on the Federal Reserve is...
SK Hynix Targets $29.4 Billion U.S. Listing to Fund AI Memory Expansion
South Korea's SK Hynix said it plans to raise as much as $29.4 billion through a U.S. stock listing, underscoring how aggressively the...
May PCE Inflation Tops 4.1%, Leaving a Federal Reserve Rate Hike on the Table
The Federal Reserve's preferred inflation gauge accelerated to its fastest pace in more than three years in May, keeping alive the pos...
AI & Techno
Latest technology picks
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Nobel Laureate John Jumper Leaves Google DeepMind for Rival Anthropic
John Jumper, the Nobel Prize-winning scientist behind the revolutionary AlphaFold protein-structure prediction system, is leaving Google D...
OpenAI and Broadcom Unveil Custom 'Jalapeño' Chip to Run AI Models Faster and Cheaper
OpenAI has taken its first step into custom silicon, unveiling a chip co-designed with Broadcom that it says will lower the cost and incre...
Poolin, Once Bitcoin's Largest Mining Pool, Files for Bankruptcy
Poolin, the Singapore-based mining pool that once controlled nearly one-fifth of Bitcoin's global hashrate, has filed for bankruptcy w...
Bitcoin Steadies Near $65,000 as $800 Billion Tech Selloff Spares Crypto
Bitcoin held just below $65,000 on Friday even as a rout in technology stocks erased roughly $800 billion in market value, suggesting that...
Finance & Crypto
Markets, digital assets, and money
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Oracle Falls to 52-Week Low as AI Cloud Strategy Faces Investor Skepticism
Oracle shares touched a new 52-week low this week, deepening a decline that has erased billions in market value as investors question whet...
Michael Burry Warns Markets Mirror 1999 Bubble While Adding to Short Bets
The investor famous for predicting the 2008 housing collapse says current market behavior resembles the final months of the dot-com era, e...
OpenAI Brings GPT-Live Voice Mode to Desktop Apps in Push for AI Assistants
OpenAI is rolling out an updated voice mode powered by its GPT-Live system to the ChatGPT desktop applications for Windows and macOS, allo...
Google's Gemini Reaches 950 Million Users as Alphabet Revenue Jumps 24 Percent
Alphabet reported quarterly revenue of $119.8 billion, propelled by a surge in artificial intelligence adoption that has pushed Gemini...