Saudi Arabia’s Public Investment Fund (PIF) reported a 60% decline in net profit for 2024, despite its total assets surpassing the $1 trillion mark. The drop was attributed to rising interest rates,
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Nvidia executives have sold over $1 billion worth of company shares in the past year, with over $500 million of those sales happening in June alone. This wave of selling comes as
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Strategy co-founder Michael Saylor has once again demonstrated his unshakeable belief in Bitcoin, marking the eleventh consecutive week of BTC acquisitions. The latest purchase, confirmed on June 23, added another 245 BTC
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President Donald Trump has praised Bitcoin for contributing positively to the U.S. economy, suggesting the cryptocurrency is alleviating some pressure on the dollar. In a White House press conference on Friday, Trump
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Crypto exchange Gemini has launched a tokenized version of MicroStrategy (MSTR) stock for users in the European Union, opening a new channel for onchain access to traditional equities. The move is part
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The US dollar rebounded against the euro on Friday after comments from President Donald Trump sparked risk aversion and market uncertainty. Trump announced that trade negotiations with Canada were over and suggested
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Markets and the Federal Reserve are increasingly out of sync over the path of interest rates, partly due to speculation that Fed Chair Jerome Powell will be replaced by someone more dovish.
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Asset management firm Invesco has partnered with Galaxy Digital to file for a Solana exchange-traded fund (ETF), marking the ninth such application currently under review by the U.S. Securities and Exchange Commission
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JPMorgan analysts are warning that U.S. trade policies may trigger a significant drag on global economic growth and potentially reignite domestic inflation pressures. In their latest mid-year outlook, the bank forecasted a
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Uber Technologies is expanding its partnership with Alphabet’s Waymo to introduce autonomous ride-hailing in Atlanta, Georgia. The move follows a March rollout in Austin, Texas, and marks another major milestone in Uber’s
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