Economy
Finance, markets, investments, cryptocurrency and economic news
OpenAI, Google, Microsoft spending hundreds of thousands on creator partnerships as AI companies pour $1B+ into digital ads, sparking new marketing battleground
Elon Musk's $1.25 trillion SpaceX-xAI merger hinges on space data centers, but cooling issues remain unsolved. Industry leaders say 2-year timeline is 'aggressive' as investment hype meets technical reality.
Amazon, Google, and Meta's massive AI spending plans triggered a $1 trillion market cap loss this week. Investors are questioning whether AI investments will ever pay off.
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Anthropic unveiled its latest Claude AI model amid growing market concerns about AI profitability, regulatory risks, and competitive saturation. Tech stocks continue declining as investor sentiment shifts.
Major tech stocks plummet ahead of crucial economic data releases, revealing investor concerns about AI valuations and market fundamentals.
Bitcoin rebounds to $65,000 after brutal selloff, but macro risks and weakened investor confidence suggest recovery faces significant headwinds ahead.
Microsoft, Amazon, Meta and other tech giants lost over $1 trillion in market cap as massive AI spending plans spooked investors. The AI gold rush may have hit its first major reality check.
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Asia's largest publicly-traded Bitcoin holder Metaplanet doubles down on crypto strategy despite massive unrealized losses and shareholder pressure.
AI and robotics are reshaping the job market faster than ever. But are we witnessing mass unemployment or the birth of new opportunities? The data tells a complex story.
Ripple positions XRP Ledger as a regulated DeFi platform with compliance-first infrastructure, new lending protocols, and XRP as a multi-utility settlement asset.
Japan and US begin coordinating on gas power generation for data centers and deep-water port construction as priority projects under Tokyo's massive $550 billion investment commitment.
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LG Energy Solution acquires Stellantis' stake in their Canadian battery joint venture for just $100, signaling a major shift in EV market dynamics as demand cools.