Latest Updates Around The World
On Friday, famous economist Peter Schiff criticized US trade policy as president Donald Trump lashed out at the Supreme Court, unveiling a new 10% global rate after a major legal setback. Schiff returns to the ‘Ripping Off’ story Schiff took over X to challenge the long-standing claim that foreign nations are exploiting the US through […]
Major cryptocurrencies weakened while stocks rose sharply on Wednesday as the Trump administration reportedly moves closer to military conflict with Iran. Crypto market is lagging behind Bitcoin fluctuated between the high $65,000 and low $68,000 as trading volume fell over the past 24 hours. Ethereum also traded with low volatility, limited to a narrow range […]
GAAP operating income fluctuates positively as key metrics improve The company reported revenue of $18.67 million under generally accepted accounting principles, compared to a negative $2.76 million in the previous quarter. GAAP operating income increased to $3.94 million, compared to an operating loss of $17.86 million in the previous quarter. Beneficient also stated that net […]
On Monday, Infosys Limited (NYSE:INFY) unveiled a strategic partnership with Anthropic. This company announcement aims to improve AI solutions for enterprises across industries including telecommunications, financial services and manufacturing. Strategic AI Partnership for Enterprises The collaboration between Infosys and Anthropics focuses on integrating Anthropics’ Claude models with Infosys Topaz’s AI offering. This integration is designed […]
On Monday, Metaplatforms, Inc. (NASDAQ:META) said it was halting the release of a chatbot product after internal testing showed high failures in blocking harmful content involving minors. Red-Teaming results emerge in court The revelations emerged in a lawsuit filed by New Mexico’s attorney general Raul Torrez to Meta. Court testimony from a New York University […]
Harvard University has cut back on this Bitcoin (CRYPTO: BTC) position and dove in Ethereum (CRYPTO:ETH) for the first time, according to the latest 13F filing released Friday. Harvard Loses Significant Portion of Bitcoin ETF Harvard Management Companya wholly owned subsidiary of Harvard University that manages its financial assets reported that it owns 5.35 million […]
After a long period of technology-dominated megacap leadership, the market has entered 2026 on less stable ground. SP 500 (NYSE:SPY) is breakeven for the year, while the Magnificent 7 shares average a negative 7.3% return. Rising AI investments are creating jitters among investors and raising questions about future margins, even as industry giants like Amazon […]
Renowned economist Mohammed El-Erian has signaled a major structural shift in global finance as China’s share of the US Treasury market fell to a 15-year low, raising concerns about future demand for US debt. Great retreat Data shared by El-Erian shows that China’s holdings of US government bonds now represent just 7% of the total […]
Oculus And Anduril Industries founder Palmer Luckey once said that bosses who downplay money should send warning signs to employees — advice shaped by his journey from RV living to selling Oculus VR for $2 billion. From minimum wage to a $2 billion Oculus deal Before he became a billionaire entrepreneur, Luckey was a teenager […]
On Saturday, five European governments said laboratory work had been done on deceased Russian dissidents Alexei NavalnyEpibatidine, a poison associated with South American dart frogs, was discovered in the remains of the company. The accusation comes as Navalny’s allies have advanced a separate theory that he was close to being freed through a prisoner swap […]
