President Trump orders regulators to investigate banks for “politicized or unlawful debanking”, echoing allegations from conservatives and the crypto industry
In a new executive order, the US president has called on federal regulators to investigate and punish banks …
Trump signs an EO clearing a path for adding alternative assets like PE and cryptocurrencies to 401(k)s, directing the US Secretary of Labor to review guidance
President Donald Trump signed Thursday an executive order that lays the groundwork to add alternative assets such as private equity …
The Trump administration exempts smartphones, laptops, hard drives, processors, memory chips, and machines used to make semiconductors from “reciprocal tariffs”
President Donald Trump's administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs …
Nintendo of America President Doug Bowser says the company is “actively assessing” the impact of US tariffs, which “weren't factored into” its Switch 2 pricing
Nintendo of America president Doug Bowser tells WIRED the company is still figuring out how to address tariffs …
DoorDash partners with Klarna to offer payment plans, including credit options for purchases of $35 or more; Grubhub also uses Klarna as a payment option
in Case You Need a Loan to Pay for Your Burrito Jordan Valinsky / CNN : DoorDash will soon let users eat now and pay in installments Niket Nishant / Reuters : NYSE-bound Klarna sig...
During a speech after Donald Trump's inauguration, Elon Musk delivered what many saw as two “Nazi salutes”; Musk posted a three-minute video of his speech to X
The billionaire Tesla CEO has a history of racist comments. … Elon Musk gave what appeared to be Nazi salutes …
Nvidia surpasses Microsoft to become the world's most valuable public company, with a $3.34T market cap; NVDA is up over 9x since January 2023
It's the most profitable chip brand, too Leigh Mc Gowran / Silicon Republic : Nvidia surges past Microsoft as world's most valuable company Kevin Raposo / KnowTechie : Nvidia surge...
As Nvidia passes Microsoft's market cap, John Chambers, who was Cisco's CEO when Cisco passed Microsoft in the dot-com boom, says the situation now is different
Chip maker passes Microsoft for top spot, just as John Chambers-led Cisco Systems did two decades ago. He says the situation now is different.
Nvidia reports Q1 revenue down 13% YoY to $7.19B, vs. $6.52B est., Data Center revenue up 14% YoY, and a Q2 revenue forecast above estimates; NVDA jumps 25%+
- Nvidia reported first-quarter earnings for its fiscal 2024 on Wednesday, with a stronger-than-expected forecast that drove shares up 26% in extended trading.
Apple reports Q2 revenue down 3% YoY to $94.84B, declining for a second quarter in a row but beating estimates of $92.96B, and net income down 3% YoY to $24.16B
Services revenue reaches new all-time high iPhone revenue sets March quarter record — CUPERTINO, CALIFORNIA Apple today …
Sam Bankman-Fried appears in NY federal court charged with wire fraud and other crimes; a judge grants a $250M bail confining him to his parents' Palo Alto home
Sam Bankman-Fried will be released on a $250 million bond package while he awaits trial on fraud charges related to the collapse …
Meta reports Q3 revenue down 4% YoY to $27.7B, net income down 52% YoY to $4.4B, family daily active people up 4% YoY to 2.93B, and headcount up 28% YoY
MENLO PARK, Calif. - October 26, 2022 - Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2022.
In Germany, South Korea, and other countries, BMW starts selling subscriptions or charging one-time fees to unlock heated seats, engine sound options, and more
Binance paused bitcoin withdrawals for a few hours on Monday “due to a stuck transaction causing a backlog”; the company says BTC withdrawals have since resumed
CEO Changpeng Zhao attributed the issue to a “stuck transaction,” and promised a quick fix. Source: @cz_binance , @binance , and @cz_binance .
Major cryptocurrencies crash as the crypto market cap falls below $1T: bitcoin drops 15%+ to ~$22K, ether drops 16%+ to ~$1.2K, and Solana drops 7%+ to ~$28
(Any views expressed below are the personal views of the author … Mitchell Clark / The Verge : BlockFi and Crypto.com lay off hundreds of staff as coins slump Dylan LeClair / Bitco...
DeFi lending platform Celsius pauses “all withdrawals, Swap, and transfers between accounts”, citing extreme market conditions
We are writing with a very important message for our community. — Due to extreme market conditions, today we are announcing that Celsius is pausing …
Major cryptocurrencies are crashing: bitcoin drops by 17%+ to ~$23K, ether drops by 20%+ to ~$1.2K, and Solana drops 18%+ to ~$28
Bitcoin plunged to the lowest in about 18 months in Asia trading Monday as the impact of Friday's shock US inflation data continued to reverberate through global risk assets.
Twitter agrees to be acquired “by an entity wholly owned by Elon Musk” for $54.20 per share in cash; the ~$44B deal requires shareholder and regulatory approval
- Twitter's board accepted billionaire Elon Musk's offer to buy the social media company and take it private, the company confirmed.
Meta beats with Q4 revenue of $33.67B vs. $33.4B est., up 20% YoY, 2.91B MAUs, up 4% YoY, but misses with EPS of $3.67 vs. $3.84 est.; stock down 20%+
- Facebook earnings came in below expectations for the fourth quarter, and the company said numerous challenges are ahead in the first quarter.
Apple reports Q1 Mac revenue of $10.85B, up 25% YoY, iPad revenue of $7.25B, down 14% YoY, and other products revenue, including Watch, of $14.70B, up 13% YoY
Kif Leswing / CNBC :