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Microsoft laying off about 9,000 employees in latest round of cuts
Despite exceeding revenue and profit forecasts, Microsoft is reducing its workforce by approximately 9,000 positions to optimize operations and respond to shifting business priorit...
Read Full Article →Be very skeptical of ADP report showing economy lost jobs for the first time in years
The ADP payroll report indicating a decline in U.S. employment for June may influence market sentiment, but investors should cautiously assess the data's reliability before making...
Read Full Article →PEPE Price Rises on Golden Cross as Trade Hopes Steady Crypto Market
The recent technical indicators point to a sustained increase in PEPE’s value, reflecting cautious optimism among traders and potential momentum for future market gains.
Read Full Article →Cyngn Stock Soars as Nvidia Partner Covers Costs Through 2027
The partnership with Nvidia providing financial support until 2027 has positively impacted Cyngn's market value, reflecting investor confidence in the company's sustained operation...
Read Full Article →Mortgage Rates Hold Steady for a Third Day, Nearing a 3-Month Low - July 2, 2025
Stable mortgage interest rates over several days approaching their lowest level in three months can influence borrowing costs and impact home purchasing decisions in the current ma...
Read Full Article →Tesla’s stock roars back after EV deliveries weren’t as bad as feared
Tesla’s share price increased significantly as investors responded positively to second-quarter electric vehicle delivery figures that closely aligned with market forecasts, allevi...
Read Full Article →North Korean IT workers earned $17M this year with some funds coming from Circle accounts
An analysis of blockchain activity indicates that IT professionals linked to North Korea have generated close to $17 million this year by participating in various cryptocurrency st...
Read Full Article →NEAR Protocol Surges 8% as Bitwise Launches New Staking ETP
The introduction of a new regulated investment product by Bitwise offers European investors a way to access NEAR blockchain assets while earning returns through staking mechanisms.
Read Full Article →Scaramucci Says Bitcoin Treasury Trend Will Fade Despite Saylor’s Success
The founder of SkyBridge indicated to Bloomberg that the recent increase in corporate cryptocurrency holdings is unlikely to continue, highlighting a potential short-term impact on...
Read Full Article →Japan is calling Trump's trade bluff
Meeting the required number of new trade agreements within a limited timeframe is crucial for the administration's economic strategy and could significantly impact international ma...
Read Full Article →The private sector lost a brutal number of jobs last month
In June, private payroll figures significantly underperformed forecasts, reflecting the largest monthly job decline experienced in over two years and indicating potential challenge...
Read Full Article →Mortgage refinancing heats up as rates slide again
The recent decline in long-term loan costs has encouraged many property owners to adjust their existing agreements, potentially reducing monthly payments and overall interest expen...
Read Full Article →Defi Dev Hikes Convertible Note Offering to $112M for Buyback, More SOL Purchase
The company increased its convertible note issuance to $112 million, reflecting an expanded effort to enhance its crypto assets with additional Solana acquisitions and a planned bu...
Read Full Article →Bumble chief criticises staff for ‘freaking out’ over London job cuts
The Bumble CEO highlighted concerns about changes in the workforce and suggested that shifts in user behavior may impact the company’s future revenue and market position.
Read Full Article →Bitcoin Miner Hut 8 Jumps 15%, Leading Sector Higher After Inking 5-Year Energy Supply Deal
Hut 8’s new long-term energy agreement with Ontario’s electricity operator is expected to stabilize operational costs, potentially enhancing profitability and influencing investor...
Read Full Article →Microsoft to lay off 9,000 workers in second major wave of cuts this year
Despite experiencing strong revenue growth, the company is reducing its workforce by approximately 15,000 employees this year, reflecting a significant adjustment in operational ex...
Read Full Article →Jack in the Box Stock Pops Amid Interest From Activist Investor
Shares of Jack in the Box experienced a notable increase as investors responded to new involvement from a shareholder seeking to influence the company’s strategic or operational de...
Read Full Article →The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP...
In June, private sector employment declined by 33,000 positions, falling well short of analysts’ projections, which had anticipated a substantial growth of approximately 100,000 jo...
Read Full Article →Solana Staking ETF Opens for Trade, Becoming First Such U.S. Crypto Staking Product
The new investment fund allows U.S. investors to gain exposure to Solana staking rewards through a regulated vehicle, potentially expanding access to cryptocurrency income opportun...
Read Full Article →ATOM Rebounds from Key Support, Poised for Further Gains
The Cosmos token experienced a notable 3% increase, indicating potential continued upward movement as it establishes a new price ceiling around $4.04 despite prevailing market vola...
Read Full Article →KBC Bank to offer Bitcoin, Ether to retail customers
KBC Bank intends to enable individual investors to access cryptocurrency assets such as Bitcoin and Ether through its trading service, potentially expanding the range of digital op...
Read Full Article →Weakening dollar and M2 influx set stage for possible Bitcoin surge in H2
The recent increase in the United States’ broad money supply alongside a depreciating dollar may influence investor behavior and impact alternative asset markets in the coming mont...
Read Full Article →Paul Atkins: SEC must balance crypto innovation with enforcement
The SEC aims to protect investors and maintain market integrity by regulating new financial technologies while encouraging innovation and addressing risks associated with private l...
Read Full Article →Big Banks Increase Dividends After Strong Results From Fed Stress Tests
Major financial institutions raised their shareholder payouts following robust performance evaluations conducted by regulatory authorities, indicating improved stability and profit...
Read Full Article →PancakeSwap doubles quarterly volume to $530B as upgrades boost growth
PancakeSwap’s recent platform improvements and expansion into new networks contributed to a substantial increase in trading activity, resulting in a record quarterly volume exceedi...
Read Full Article →Rogers closes deal with BCE to become majority owner of Maple Leafs Sports & Entertainment
Rogers Communications Inc.'s acquisition of BCE Inc.'s 37.5 percent share in Maple Leaf Sports & Entertainment strengthens its control, potentially increasing its influence over re...
Read Full Article →Do covered call strategies shine in ‘flat markets’? The answer may surprise you
Covered call strategies, while often used to generate income, can sometimes yield lower returns compared to expectations during periods of minimal market movement according to rece...
Read Full Article →UK Pension Firm Sees Growing Interest in Bitcoin Exposure
A UK-based pension trust experienced substantial gains approaching 60% within a year by incorporating cryptocurrency into its investment strategy, reflecting increased demand for d...
Read Full Article →Stablecoins power 75% of crypto payments across Europe, report shows
According to recent data, digital currencies pegged to stable assets facilitate the majority of cryptocurrency transactions in Europe, highlighting significant regional adoption, p...
Read Full Article →IRS Watchdog: Three Problems the IRS Must Address in 2025
Upcoming modifications within the IRS could impact tax processing efficiency and compliance, potentially affecting financial outcomes for taxpayers and the overall management of go...
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