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Trump coin leads tumble in meme cryptocurrencies as tariffs rock global markets

Trump coin leads tumble in meme cryptocurrencies as tariffs rock global markets

Finance News

TrumpCoin cryptocurrency price on Binance website is displayed for illustration photo. Krakow, Poland on Januar 20th, 2025 (Photo by Beata Zawrzel/NurPhoto via Getty Images) Beata Zawrzel | Nurphoto | Getty Images Meme coins plummeted over the weekend as President Donald Trump signed long threatened tariffs on Mexico, Canada and China, kicking off a trade war […]

Trump coin leads tumble in meme cryptocurrencies as tariffs rock global markets Read More »

Alphabet-backed fintech GoCardless halves losses, targets first annual profit in 2026

Alphabet-backed fintech GoCardless halves losses, targets first annual profit in 2026

Finance News

Hiroki Takeuchi, co-founder and CEO of GoCardless. Zed Jameson | Bloomberg | Getty Images Financial technology unicorn GoCardless more than halved losses in 2024 and said it’s aiming to reach full-year profitability by 2026. The London-based startup, which helps businesses collect recurring payments such as subscriptions, reported a net loss of £35.1 million ($43.8 million)

Alphabet-backed fintech GoCardless halves losses, targets first annual profit in 2026 Read More »

Bitcoin dips below ,000 after Trump orders tariffs, smaller cryptocurrencies tumble

Bitcoin dips below $97,000 after Trump orders tariffs, smaller cryptocurrencies tumble

Finance News

U.S. President-elect Donald Trump and Bitcoin. Cheney Orr | Dado Ruvic | Reuters Cryptocurrencies tumbled on Sunday in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs. The price of bitcoin was last lower by 3%, according to Coin Metrics, a modest loss compared to the broader crypto

Bitcoin dips below $97,000 after Trump orders tariffs, smaller cryptocurrencies tumble Read More »

Chinese AI app DeepSeek was downloaded by millions of Americans. Deleting it might come next

Chinese AI app DeepSeek was downloaded by millions of Americans. Deleting it might come next

Finance News

This week’s news that the DeepSeek Chatbot app, developed by China, was downloaded from the Apple app store significantly more times than the US-developed ChatGPT from Open AI, wiped billions off the global tech market. Leon Neal | Getty Images News | Getty Images Plenty of Americans are discovering the AI search powers of DeepSeek,

Chinese AI app DeepSeek was downloaded by millions of Americans. Deleting it might come next Read More »

Singapore says U.S. firms should comply with export controls following DeepSeek chip questions

Singapore says U.S. firms should comply with export controls following DeepSeek chip questions

Finance News

Singapore’s Ministry of Trade and Industry (MTI) said in a statement Saturday that it expects U.S. companies to comply with U.S. export controls and local laws, following questions over the chips used by China’s DeepSeek to produce its AI model. Markets were rocked this week after DeepSeek claimed its large language model outperforms OpenAI’s but

Singapore says U.S. firms should comply with export controls following DeepSeek chip questions Read More »

Atlassian pops 20% on better-than-expected earnings, revenue outlook

Atlassian pops 20% on better-than-expected earnings, revenue outlook

Finance News

Mike Cannon-Brookes, co-founder of Atlassian Corp., in Sydney, Australia, on Dec. 6, 2023. Mike Cannon-Brookes co-founded software giant Atlassian.  Lisa Maree Williams | Bloomberg | Getty Images Atlassian shares popped 20% in premarket trading after blowing past Wall Street’s fiscal second-quarter earnings and guidance expectations. Adjusted earnings came in at 96 cents per share, ahead

Atlassian pops 20% on better-than-expected earnings, revenue outlook Read More »

Samsung fourth-quarter profit misses estimates, falls sharply from previous quarter

Samsung fourth-quarter profit misses estimates, falls sharply from previous quarter

Finance News

Customers shop at a Samsung mobile store inside a shopping mall in New Delhi. Reuters | Anindito Mukherjee Samsung Electronics on Friday reported better-than-expected fourth-quarter revenue and operating profit, though its operating profit sharply dropped from last quarter. Here are Samsung’s fourth-quarter results compared with LSEG SmartEstimate, which is weighted toward forecasts from analysts who

Samsung fourth-quarter profit misses estimates, falls sharply from previous quarter Read More »

UPS shares tank 17% after weak guidance, plan to slash Amazon deliveries by more than half

UPS shares tank 17% after weak guidance, plan to slash Amazon deliveries by more than half

Finance News

Amazon Prime and UPS trucks are seen on a building in Washington DC, United States on July 12, 2024.  Jakub Porzycki | Nurphoto | Getty Images Shares of United Parcel Service plunged more than 17% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon,

UPS shares tank 17% after weak guidance, plan to slash Amazon deliveries by more than half Read More »

Crypto super PAC Fairshake has 6 million on hand to grow industry’s influence in 2026 election

Crypto super PAC Fairshake has $116 million on hand to grow industry’s influence in 2026 election

Finance News

Fairshake, the super PAC bankrolled by crypto’s biggest players, announced Thursday it has $116 million in cash on hand, a war chest aimed at the 2026 midterm election cycle. The fundraising total, which includes $11 million in new contributions, cements Fairshake as one of the most influential political forces in the country. “With the midterms

Crypto super PAC Fairshake has $116 million on hand to grow industry’s influence in 2026 election Read More »

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