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Finance News — Page 223
SpaceX hits $2.5T; Warsh's Fed debut turns hawkish
SpaceX didn't just go public last week — it landed as a $2.5 trillion colossus, briefly outvaluing Amazon and Microsoft and making Elon Musk the first person to hold a $1 trillion stake in a single co
Bitcoin's future as revolutionary as the smartphone, according to CoinDesk
Bitcoin has shed nearly half its value since hitting an all-time high of $126,279 in October 2025, but executives at CoinDesk and TMX VettaFi argue this downturn is fundamentally different from past c
How STRC lost its par: The timeline behind Strategy's preferred-stock meltdown
Strategy's dividend-paying preferred stock STRC has lost its grip on par value, plunging 17% below its $100 target as a convertible-note buyback drained a critical cash reserve and a deepening bitcoin
AI buildout gives tech investors new reasons to watch bond market
AI infrastructure spending is forcing tech investors who long ignored the bond market to track Fed signals, as hyperscalers fund hundreds of billions in data center buildouts with debt rather than cas
Bank of Korea Flags Chip Bonuses as Inflation Risk
The Bank of Korea has warned that massive performance bonuses at South Korean chipmakers like SK Hynix and Samsung could fuel broader wage growth and inflation, even as those very windfalls are alread
When to Review and Rebalance Your Mutual Fund Portfolio
A SEBI-registered investment adviser explains why a 'buy and forget' approach to mutual funds can backfire, outlining when investors should review portfolios, how to trigger rebalancing on measurable
$13B Bitcoin options expiry looms: Will bulls endure more pain in June?
With $13 billion in Bitcoin options set to expire June 26, put options dominate every Deribit price scenario by $1B to $3.4B, meaning bears hold the upper hand even if BTC rallies 12% from its current
Nobel Winner John Jumper Leaves Google DeepMind for Anthropic
John Jumper, co-winner of the 2024 Nobel Prize for protein structure prediction, is leaving Google DeepMind after nearly nine years to join Anthropic, telling followers he plans to recharge first befo
Nobel Winner Jumper Leaves Google DeepMind for Anthropic
Nobel Prize-winning AI researcher John Jumper is leaving Google DeepMind after nearly nine years to join Anthropic, marking a major talent shift in the AI sector.
Steil Bill Bars Lawmaker Prediction Market Insider
Rep. Bryan Steil's new bill would bar lawmakers from wagering on government policies and political outcomes on prediction markets, but explicitly stops short of covering White House officials — even a
Schwab to join prediction markets race with S&P 500 event-based options: WSJ
Charles Schwab is partnering with Cboe Global Markets to launch binary-style options letting customers place yes-or-no wagers on whether the S&P 500 closes above or below a preset level, marking the b
Fedspeak vs. war deal: Here are the things that drove this week's stock market
Wall Street notched its 11th winning week in 12 as an Intel-led chip rally and a U.S.-Iran ceasefire MOU outweighed a Fed-induced selloff that marked the worst 'Fed day' S&P 500 drop under a new chair
SpaceX Stock Falls After $60B Cursor Deal
SpaceX shares tumbled after the company announced a $60 billion acquisition of AI coding startup Cursor, with Wall Street sharply divided on whether the deal justifies the post-IPO valuation surge.
Andrew Tate loses nearly $86,000 longing and shorting Bitcoin
Andrew Tate, founder of the trading education company The Real World, lost nearly all of a $100,000 deposit in roughly 24 hours after a leveraged Bitcoin long and then a short both liquidated on Hyper
Kaspersky: Anime Wallpapers on Steam Spread
Kaspersky has identified dozens of malicious Wallpaper Engine packages on Steam Workshop, disguised as anime-character desktop wallpapers, that steal Steam credentials and deploy cryptocurrency-steali
Bitcoin Taps $63K as July Fed Rate-Hike Odds Hit 40%
Bitcoin drifted above $63,000 on Juneteenth as a hawkish first FOMC meeting from new Fed Chair Kevin Warsh and renewed US-Iran posturing over the Strait of Hormuz kept the cryptocurrency pinned near l
Binance's MiCA Battle Hinges on ECB Stablecoin Stance
Binance's bid for a MiCA license in Europe faces reported resistance from ECB President Christine Lagarde over stablecoins, with France emerging as a potential fallback jurisdiction.
BlockShoals lawyer: Binance trading falls under SEC
BlockShoals' head of legal Marie Antonette Quiogue argued that Binance does not need a Philippine VASP license for trading activity, which she said falls under SEC jurisdiction rather than the central
Smart-contract and DeFi coins lead losses as bitcoin wilts for 4th straight day
Bitcoin fell for a fourth straight day below $62,400 with smart-contract and DeFi tokens leading losses, as market sentiment soured on Strategy's STRC preferred stock and concerns grew that both the c
ITR filing 2026 for pensioners: Health insurance, bank interest — These key deductions can reduce your tax outgo
Pensioners filing ITR for Assessment Year 2026-27 can claim key deductions on health insurance, bank interest, and investments — but most of these breaks are available only under the old tax regime.
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