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White House crypto czar David Sacks says first priority is stablecoin legislation

White House crypto czar David Sacks says first priority is stablecoin legislation

AI and Crypto Czar David Sacks speaks with President Donald J Trump as he signs executive orders in the Oval Office at the White House on Jan. 23, 2025 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images As David Sacks, the newly appointed White House AI and crypto czar, collaborates with […]

White House crypto czar David Sacks says first priority is stablecoin legislation Read More »

Alphabet shares fall more than 7% on revenue miss, AI investment boost

Alphabet shares fall more than 7% on revenue miss, AI investment boost

CEO of Alphabet and Google Sundar Pichai in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images Alphabet shares dropped more than 7% premarket Wednesday after the search giant fell short of Wall Street’s fourth-quarter revenue expectations and announced big spending plans for its ongoing artificial intelligence buildout. The company topped

Alphabet shares fall more than 7% on revenue miss, AI investment boost Read More »

Alphabet expects to invest about  billion in capex in 2025

Alphabet expects to invest about $75 billion in capex in 2025

Sundar Pichai, CEO of Google and Alphabet Inc., speaks at the inaugural 2024 Business, Government, and Society Forum at the Stanford Graduate School of Business in Stanford, California, U.S., April 3, 2024.  Carlos Barria | Reuters Alphabet CEO Sundar Pichai said the company plans to invest more money in innovating artificial intelligence and its core

Alphabet expects to invest about $75 billion in capex in 2025 Read More »

Stripe closes .1 billion Bridge deal, prepares for aggressive stablecoin push

Stripe closes $1.1 billion Bridge deal, prepares for aggressive stablecoin push

Patrick Collison, CEO and co-founder of Stripe, speaking at 2022’s Italian Tech Week in Turin, Italy. Giuliano Berti | Bloomberg | Getty Images SAN FRANCISCO — What started as a casual roundtable at Stripe’s headquarters to discuss issues facing fintech companies turned into a billion-dollar acquisition that could become a defining moment for the industry.

Stripe closes $1.1 billion Bridge deal, prepares for aggressive stablecoin push Read More »

Nintendo posts profit miss as it slashes Switch forecast again ahead of console’s successor

Nintendo posts profit miss as it slashes Switch forecast again ahead of console’s successor

Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda. Charly Triballeau | AFP | Getty Images Nintendo on Tuesday reported weaker-than-expected top and bottom results for its fiscal third quarter, slashing its forecast for the Switch console ahead of the release of

Nintendo posts profit miss as it slashes Switch forecast again ahead of console’s successor Read More »

Palantir shares surge 15% after company posts strong earnings and outlook

Palantir shares surge 15% after company posts strong earnings and outlook

Alex Karp, chief executive officer of Palantir Technologies Inc., during a Bloomberg Technology television interview during the FoundryCon event in Palo Alto, California, US, on Thursday, March 7, 2024.  David Paul Morris | Bloomberg | Getty Images Palantir shares surged as much as 18% in extended trading on Monday after the software company reported fourth-quarter

Palantir shares surge 15% after company posts strong earnings and outlook Read More »

Trump tariffs take aim at trade loophole used by Chinese online retailers like Temu and Shein

Trump tariffs take aim at trade loophole used by Chinese online retailers like Temu and Shein

Shein and Temu icons are seen displayed on a phone screen in this illustration photo taken in Krakow, Poland on August 27, 2024.  Jakub Porzycki | Nurphoto | Getty Images President Donald Trump’s tariffs against China, Canada and Mexico target a trade provision that helped fuel the explosive growth of budget online retailers, including Temu

Trump tariffs take aim at trade loophole used by Chinese online retailers like Temu and Shein Read More »

Intel issues weak forecast, citing seasonality and an uncertain economy

Intel issues weak forecast, citing seasonality and an uncertain economy

Michelle Johnston Holthaus, Intel’s co-CEO and then executive vice president and general manager of the company’s Client Computing Group, holds a Intel Core Ultra processor as she speaks during the Intel AI Everywhere event in New York on Thursday, Dec. 14, 2023. Victor J. Blue | Bloomberg | Getty Images Intel issued disappointing quarterly guidance

Intel issues weak forecast, citing seasonality and an uncertain economy Read More »

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