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Binance, Zhao win dismissal of lawsuit by victims of 64 attacks
A U.S. federal judge dismissed a lawsuit that attempted to hold Binance and its founder responsible for terrorist attacks allegedly linked to crypto transactions on the platform.
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Apollo Surpasses Profit Forecast with Asset and Lending Expansion
pollo Global Management reported strong Q3 earnings, exceeding Wall Street expectations thanks to rising assets under management and growth in its lending and retirement businesses.
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UK seals £6.4bn Saudi deals
The UK unveiled a £6.4bn package spanning export finance and private-sector deals to deepen trade with Saudi Arabia, positioning British firms for major projects.
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Trump’s Tariffs Shake Up Crypto and Financial Markets: Insights from Markelitics
The recent escalation in President Donald Trump’s trade policies has sent shockwaves through both traditional financial markets and the cryptocurrency sector. By initiating a new trade war with Canada, Mexico, and potentially China, Trump has set in motion a series of economic ripples that are being felt far beyond traditional markets. According to Markelitics, these geopolitical tensions are fueling widespread volatility, particularly within the crypto space.
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Is AI Progress at Risk Due to Data Shortage?
The rapid growth of generative AI and large language models (LLMs) has been nothing short of revolutionary.
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blackrock's assets have hit an all time high of 11.5 trillion
BlackRock's assets under management soared to a record $11.48 trillion in the third quarter, driven by a strong U.S. stock market rally and substantial investor inflows.
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China become the world's largest exporter
China exported 1.07 million vehicles between January and March, marking a 58% year-on-year increase, according to the China Association of Automobile Manufacturers. In comparison, Japanese auto exports reached 954,185 units, reflecting a 6% increase.
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California Moves to Protect Workers as AI Disrupts Silicon Valley Jobs
California is preparing new policies to protect workers and businesses from the impact of AI, as major tech layoffs continue across Silicon Valley.
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OpenAI Secures $200M Pentagon Contract
OpenAI has been awarded a contract worth up to $200 million by the U.S. Department of Defense to create advanced AI prototypes
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BlackRock Deepens Its Bet on the Crypto Market
BlackRock is launching a money market fund compliant with the GENIUS Act to manage stablecoin reserves, offering regulatory-grade custody solutions to major crypto issuers.
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Visa, Mastercard to pay $167.5 million in ATM user fee settlement
Visa and Mastercard agreed to a $167.5M settlement tied to claims that ATM access fees were kept artificially high for years.
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Tax Changes Set to Shape the U.S. Economy in 2026
A new wave of tax measures is expected to significantly influence household finances and business investment across the United States starting in 2026.
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MicroStrategy Shares Drop as Company Considers Possible Bitcoin Sale
MicroStrategy shares moved lower after comments from Michael Saylor suggested the company could consider selling part of its Bitcoin holdings to support dividend payments.
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MrBeast's 'Beast Games' Becomes a Huge Financial Cost
Renowned YouTuber and entrepreneur MrBeast, also known as Jimmy Donaldson, has revealed a staggering financial loss from the production of his Amazon Prime Video series, Beast Games. Despite the show being one of Amazon’s most successful series debuts in 2024, Donaldson described it as “not a good financial decision.”
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IPhone Falls Behind as Android Gains 136% More Users
Android leads globally with 72% of the smartphone market, but iPhone users show higher engagement, income, and app spending.
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Netflix loses $15B after Musk urges cancellations
Netflix shares tumble as Elon Musk’s call to cancel subscriptions sparks a $15B market loss.
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Cambricon revenue up 4,300% as Nvidia halts China sales.
Cambricon posts a record 4,300% revenue surge as Nvidia records no H20 chip sales to China amid U.S. export restrictions, fueling local competition.
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Tether’s Retreat From a $500 Billion Valuation Sparks IPO Speculation
Tether has scaled back plans for a massive private fundraising, raising new questions about valuation, investor confidence, and the long-term prospects of a potential IPO.
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Porsche SE faces a steep decline in profits
Porsche SE faces a steep decline in profits and trims its 2025 forecasts. To counterbalance, the holding company is diversifying into the defence sector.
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tesla shares dip after 3rd production pause in a year
Tesla halts production at Austin factory and faces criticism over robotaxi safety.
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