Apple CEO Tim Cook sent a powerful signal Wednesday when he spent nearly $3 million to nearly double his stake in Nike stock (NYSE: NKE), just one day after the athletic-wear company reported a devastatingly weak earnings report. The purchase, 50,000 shares at $58.97 each, marked Cook’s first-ever open market stock buy in his 20
Nvidia dropped $20 billion to acquire Groq, an artificial intelligence startup that’s been eating into Nvidia’s dominance in a crucial part of the AI market, a CNBC report said on Wednesday. It’s the chipmaker’s biggest deal ever, and it sends a clear message: Nvidia wants to control not just how AI models get trained, but
2025 has been a largely strong year for the cryptocurrency market. Bitcoin climbed to a new all-time high of $126,000 during the year, alongside the launch of several new altcoin-focused exchange-traded funds and the establishment of a Bitcoin Strategic Reserve in the United States. The period was also marked by continued accumulation of Bitcoin by
The US Securities and Exchange Commission has filed charges against three crypto asset trading platforms and four investment clubs that it claims defrauded U.S. retail victims out of roughly $14 million. According to a statement published earlier this week, Morocoin Tech Corp., Berge Blockchain Technology Co. Ltd., and Cirkor Inc. operated a fraudulent scheme alongside
The cryptocurrency space witnessed a major adoption curve in 2025, with mergers and acquisitions hitting a fresh record. Across the ecosystem, there were deals involving crypto exchanges, payments firms, blockchain platforms and publicly-traded entities. Many of these pursued deals aimed at fostering traction, expansion and product growth. Overall, crypto companies struck $8.6 billion in deals
Cryptocurrency exchange‑traded funds (ETFs), often referred to as crypto ETFs, have shifted from niche experiment to a central pillar in the digital assets industry. Since the first US spot Bitcoin ETFs launched in early 2024, followed by Ethereum ETFs, crypto ETFs have reshaped how both retail and institutional traders/investors engage with crypto. As 2025 wraps
Banks have enjoyed a formidable moat built on customer relationships, regulatory privilege, and distribution networks for decades. – but that moat was breached in 2025. Embedded finance, the integration of payment, lending, insurance, and investing directly into non-financial platforms, became mainstream this year – shifting the locus of value creation away from banks and toward
Ripple, the blockchain payments and infrastructure company behind XRP, has once again become the focus of IPO speculation. Recent claims circulating among crypto observers suggest the company could be engaging in late-stage discussions for a potential public offering in 2026. These claims come despite clear statements from Ripple’s leadership that the company has no immediate
Polymarket has recently confirmed that several of its users were affected by a security breach, which it says was due to a vulnerability in a third-party authentication service. The Polymarket team has officially acknowledged the incident that several users had been reporting over the past week, prompting renewed concerns about account safety. Polymarket users report
Shares of Dynavax Technologies jumped sharply in premarket trading on Wednesday after the US vaccine maker agreed to be acquired by French pharmaceutical group Sanofi in an all-cash deal valued at about $2.2 billion. Sanofi said it will pay $15.50 per share for Dynavax, representing a premium of roughly 39% to the company’s closing price