Google parent Alphabet lost just over $500bn in market value on Thursday after saying its AI summaries in search were affecting ad revenue, sending its stock to a six-month low.…
Microsoft reported soaring profits days after announcing thousands of layoffs, BBC reports. BBC What does it say about the AI boom that record profits and job cuts are arriving…
Bitcoin fell 1.4% since midnight UTC to around $80,100 as disappointing reports from Samsung and Alphabet weighed on tech stocks, with the Fed's preferred inflation gauge due…
Anthropic publicly filed for a stock market listing on Monday, reporting $16.3 billion in first-half revenue and an $80.7 billion net loss, with a November debut targeted.…
Intel, Oracle and IBM have joined a growing list of companies objecting to the OKX–ICE tokenized stock plans; the latest notice added four objections, bringing the total to 26, as…
Trillions of dollars have been wiped from China's stock markets in recent months, with the STAR 50 index of technology firms down 40% since June, as investors worry about the…
Meta announced a $95 billion fundraising drive, saying the share sale will support continued investment in AI infrastructure. The Guardian Does raising equity rather than…
Bitcoin fell as much as 2.9% to around $81,600 as Nasdaq futures dropped, while the CoinDesk 80 lost 3.5% and a DeFi index slid 6%, CoinDesk reports. CoinDesk Bitcoin has tracked…
Tesla's profit fell 43% in the third quarter, Ars Technica reports. Ars Technica Does the proposed SpaceX-Tesla tie-up look different against falling Tesla profits?
Anthropic will commit 5% of its shares, valued at about $48bn, to a fund for the "public good" as it prepares for a stock market listing, the Guardian reports. The Guardian Who…
Bitcoin rose 0.8% to around $82,700 on Monday as China's GDP beat estimates and Nasdaq futures rebounded, while the CoinDesk 80 index gained 1.3%. CoinDesk Is bitcoin trading as…
The Nasdaq Composite fell 2.14% on Friday to 26,140.03 and 4.5% on the week, its worst since late June, while Brent crude touched about $110 a barrel for the first time since May…
JPMorgan projects bitcoin returns of about 10% a year over the next decade, ahead of stocks, bonds and gold, in the first research in which the bank has put a range on BTC…