Economy
Finance, markets, investments, cryptocurrency and economic news
Salesforce down 21%, Intuit 37%. AI threatens the beloved SaaS model as investors flee software stocks. But will all software really disappear, or is this fear overblown?
OpenAI closed a record $110 billion funding round with Amazon investing $50B, Nvidia $30B. But the real winners might not be who you think.
India reported 7.8% GDP growth for December quarter using revamped methodology after IMF gave old system 'C' rating. What this means for investors and the real economy.
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[email protected]German firm AllUnity launches CHF-pegged stablecoin CHFAU as major banks favor Swiss franc over yen as safe haven. Non-dollar stablecoin demand surges in $310B market dominated 95% by USD tokens
Mixed earnings highlight the divergence between AI expansion plays and profitability pressures as crypto miners chase new revenue streams in the AI boom.
Bitcoin drops 2% to $67,000 as traders buy $60K crash protection. Meanwhile AI tokens rally on Nvidia earnings. Is crypto money rotating from BTC to AI plays?
OpenAI and Anthropic are pouring millions into the 2026 midterms, turning AI regulation into an electoral battleground. Can democracy survive Big Tech's lobby war?
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[email protected]Japan's state-backed semiconductor venture Rapidus raises $1.7 billion from Sony, SoftBank and others, exceeding expectations as it aims to challenge TSMC and Samsung in advanced chip manufacturing by 2027.
US bitcoin ETFs recorded $1.1B in net inflows over 3 days, led by BlackRock's IBIT. Yet BTC remains stuck in the mid-$60Ks. What's really driving institutional demand?
Block's massive AI-driven layoffs raise uncomfortable questions about the future of work. Are we creating jobs as fast as we're eliminating them?
Global smartphone market faces 13% decline in 2026 as AI data centers hoard memory chips. Even Apple and Samsung can't escape the crunch driving up device prices.
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[email protected]ASEAN considers replacing its rotating Myanmar envoy system with a long-term appointment, effectively admitting the current approach has failed to address the crisis.