Strive has added nearly 333.9 Bitcoin to its balance sheet, pushing its total holdings to over 13,131 BTC and securing its spot as the tenth largest public company holding the bellwether cryptocurrency. The purchase comes just weeks after Strive closed its acquisition of Semler Scientific, a move that brought 5,048 Bitcoin into its treasury and
Hang Seng Investment Management has launched a physically backed gold exchange-traded fund that gives investors direct exposure to bullion while also laying the groundwork for future blockchain-based access. The product comes as global asset managers explore ways to combine traditional commodities with tokenization, even as regulatory approvals remain a gating factor. Gold ETF details The
Maersk, a major container shipping company, announced that severe weather, specifically heavy storms and snowfall, is causing significant disruption to its cargo operations across a large area of Europe. The impact is being felt across south-west and western Europe, affecting the seamless flow of goods, according to a Reuters report. Furthermore, the adverse weather conditions
Shell and BP are actively pursuing US licenses to begin extracting natural gas from shared fields in Trinidad and Tobago and Venezuela, the Caribbean country’s energy minister Roodal Moonilal announced on Wednesday, according to a Reuters report. As Latin America’s top exporter of liquefied natural gas and a major global supplier of ammonia and methanol,
Amazon.com Inc. said on Wednesday it plans to cut about 16,000 corporate jobs, marking a second major round of layoffs in three months as the company moves to streamline management layers and accelerate the adoption of artificial intelligence across its operations. The latest reductions deepen a restructuring effort that began last year and underscore how
“I was doing Dry January for the trend and health benefits, but now that I have been laid off, I think this is more of a financial necessity,” joked London-based Callum Hill, recently cut by one of the UK’s fintech majors. The line lands lightly, but it captures a deeper shift rippling through labour markets:
US stock index futures climbed on Wednesday as investors positioned ahead of the Federal Reserve’s interest rate decision and a closely watched slate of earnings from major technology companies, with artificial intelligence-linked stocks driving early momentum. Futures tied to the S&P 500 rose about 0.3%, while Nasdaq 100 futures gained roughly 0.9%, putting the tech-heavy
Silver has been in an unusually strong uptrend in recent weeks – rallying more than 60% since the start of this year, effectively compressing a multi-year move into less than 30 days. Speaking this morning with CNBC, Tom Sosnoff – the cofounder of LossDog – agreed this massive rally in silver is unlike anything he’s
Seagate Technology’s shares surged in premarket trading on Wednesday after the hard drive maker forecast third-quarter revenue and profit above Wall Street expectations. The stock rose 10.3% to $410.05 before the opening bell. Seagate had already closed at a fresh record high in the previous session, ahead of quarterly results released after the market close.
Texas Instruments stock price continued its strong rally after publishing strong results and forward guidance. The TXN stock jumped to a high of $196, its highest level since September 3. It has soared by nearly 30% from its lowest level in December. Texas Instruments’ business is thriving Texas Instruments, a major player in the semiconductor