1% of AI Users Drive 80% of Spending Leaving the Boom Very Fragile
Ramp data shows 1% of firms drive 80% of AI spending on OpenAI and Anthropic, while growth in that spending has nearly stalled.
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Why Is Lighter Up 23% This Week? 2 Catalysts Explain the Move
Lighter (LIT) climbed 12.85% over the past 24 hours, the biggest gain among the 100 largest cryptocurrencies. That took its seven-day advance to 23.49%, with the token now trading at $3.83. The broader market fell more than 2% over the…
Circle CEO Shrugs Off Bitcoin's Slump and Pitches Digital Dollars for the AI Era
Circle CEO Jeremy Allaire shrugs off Bitcoin's slump and pitches digital dollars for AI payments as GENIUS Act rules near.
CME CEO Says Crypto Perps Are Swaps While Suing CFTC Over Their Approval
CME CEO Terry Duffy calls crypto perps swaps while CME sues the CFTC over their approval. Here is how the regulator answers.
Bank of Korea Hits Pause, but Chip Boom Keeps Rate Hikes in Play
The Bank of Korea held at 3.00% as a chip export boom clashes with a KOSPI selloff. See why a November hike remains live.
Will Brent Jump 28% Again? US and Israel Draft Post-Midterm Iran Strike Plans
The US and Israel drafted Iran strike plans for after the midterms. See how Brent oil reacted to the last strikes.
Fidelity’s Timmer Says AI Bubble Risk Is Not Stock Valuations, but Debt
Fidelity's Jurrien Timmer says any AI bubble may sit in debt, as CoreWeave bond yields top 15% and stock valuations fall.
Netflix Stock Hits 26-Month Low, But Revenue Tells a Different Story
Netflix stock fell to a 26-month low after a weak Q4 outlook, even as revenue hit a record. See the key levels to watch.
Crypto Exchange Warning: Critical PHP Flaw Puts Payment Sites at Risk
A critical security threat affecting millions of websites has raised concerns for cryptocurrency users, particularly those using smaller exchanges and crypto payment services. On Wednesday, October 21, PHP developers released emergency patches for two vulnerabilities known as PHP2Shell, rated 9.2…
Crypto Exchanges Want Your Next Stock Trade in 2027
On LBank, traders can take a position on Nvidia without buying its shares. They can follow the chipmaker’s fortunes through a stock-linked instrument inside a platform they already use for crypto. It is one example of how exchanges are broadening…
Grayscale Opens 10 Crypto ETFs to Investors, But There's a Catch
Crypto investors holding substantial amounts of Bitcoin, Solana, or XRP now have another way to bring those holdings into traditional finance without selling their coins first. Grayscale announced that eligible investors can exchange cryptocurrencies directly for shares in ten of…
Facebook Ordered to Pay $25 Billion in Fines. Will Meta Stock Crash?
Meta has been hit with a record $25 billion penalty over Facebook’s handling of user data. Yet Wall Street appears remarkably calm. The company’s shares are rising, with investors focused on its booming AI business and a major earnings report…