Crypto.com has reduced its workforce by around 12% as the company accelerates a shift towards artificial intelligence across its operations. The Singapore-based exchange confirmed the layoffs on March 19, with CEO Kris Marszalek positioning the move as a necessary step to align with an AI-first business model. With more than 4,000 employees before the cuts,
The Dow Jones Index is nearing a correction after falling by 9% from its highest point this year. It tumbled by 768 points on Wednesday, and its futures dropped by over 120 points. This retreat may continue in the coming weeks, potentially to $45,000 as risks rise. Dow Jones Index technical analysis suggests more downside
BitMine stock price remains in a deep slumber this month, continuing a trend that started in February. BMNR was trading at $21.4 on Wednesday, inside a range it has been stuck in since February 5 this year. It remains much lower than the all-time high of $161. This article explores why the stock may rebound
S&P 500 perpetual contract made its debut on Hyperliquid, marking it the first licensed perpetual derivative tied to the benchmark S&P 500 equity index ever offered on‑chain. Traders on Hyperliquid can now take leveraged positions on the US market 24/7 without needing to interact with traditional stock exchanges. https://twitter.com/tradexyz/status/2034260987197444255?s=20 The launch has had an immediate
Uber Technologies is stepping up its autonomous ambitions through a new partnership with electric vehicle maker Rivian Automotive, committing to invest up to $1.25 billion to support a large-scale robotaxi rollout. The agreement outlines plans to deploy as many as 50,000 autonomous vehicles across major markets by 2031. It signals a renewed push by both
The US market indices opened lower on Thursday, extending a broad risk-off sentiment across global markets as surging oil prices and persistent inflation concerns weighed on investor confidence. Dow Jones Industrial Average fell about 0.65% or 298 points while S&P 500 and Nasdaq 100 slipped roughly 0.81% and 1.13%, respectively. The decline follows a sharp
Kaspa has quickly moved from a quiet altcoin to one of the more talked-about assets in the cryptocurrency market. After climbing from around $0.030 to nearly $0.040 in a short span, the question now is simple. Can this momentum continue toward $0.06, or is a pullback already overdue? A breakout backed by momentum The recent
The Bank of England (BoE) held its benchmark interest rate steady on Thursday but signaled a more hawkish stance as rising energy prices linked to the Middle East conflict threaten to push inflation higher. The nine-member Monetary Policy Committee (MPC) voted unanimously to keep rates unchanged at 3.75%, marking its first unanimous decision in over
The number of Americans filing new applications for unemployment benefits unexpectedly declined last week, pointing to stable labor market conditions and a potential rebound in job growth in March, even as global uncertainties persist. Data released by the US Labor Department showed initial claims for state unemployment benefits dropped by 8,000 to a seasonally adjusted
Shares of Tesla came under pressure on Thursday as US safety regulators escalated scrutiny of the company’s driver-assistance technology. At the time of writing, the Tesla stock was down around 2% to trade at $383. The decline comes as the National Highway Traffic Safety Administration said it is advancing its investigation into Tesla’s Full Self-Driving