AI in finance
California Embraces Cryptocurrency Payments for Digital Economy
California is taking significant strides towards embracing cryptocurrency, a move that aligns with its ...
Hong Kong Allows Crypto Derivatives for Professional Investors
Recent reports indicate that Hong Kong is poised to allow the trading of crypto ...
K Wave Plans to Raise $500 Million for Bitcoin Initiative
K Wave Media, a prominent South Korean media company, has officially announced plans to ...
Carvana Rises on Fortune 500: Insights from CFO Mark Jenkins
Good morning. Achieving a successful turnaround and redirecting toward sustainable growth necessitates a well-founded ...
White House Seeks to Recover $9.4 Billion in Spending
On Tuesday, the White House formally requested Congress to initiate a process to reclaim ...
Bitcoin’s Volatility: Expert Suggests Possible Drop Below $10,000
As the digital asset Bitcoin (BTC) finds itself trading approximately 5% below its recent ...
Musk Warns About U.S. National Debt with Financial Leaders
Elon Musk, the CEO of Tesla and SpaceX, has publicly distanced himself from former ...
AI Fund Manager Outperforms 93% of Human Stock Pickers
In examining the vast potential of artificial intelligence in finance, researchers from Stanford University ...
Laffer Examines Tariffs vs. Income Tax as Revenue Sources
Arthur Laffer, renowned for his pivotal role in shaping modern conservative tax policy, has ...
Pump.fun Token Speculations Increase Despite Revenue Drop
Pump.fun, a decentralized finance (DeFi) platform that has garnered attention for its innovative tokenomics, ...
President Lee Jae-myung on Trade and Inter-Korean Relations
South Korea’s newly inaugurated President, Lee Jae-myung, took office with a commitment to strengthen ...
Remy Cointreau Updates Sales Outlook Due to Tariff Challenges
Remy Cointreau SA, the renowned producer of Remy Martin Cognac, has recently withdrawn its ...
New Millionaires Surge in the U.S. in 2024 Amid Market Growth
2024 proved to be a remarkable year for wealth creation in the United States, ...
Wells Fargo Reprieved as Fed Lifts 2018 Banking Restrictions
The Federal Reserve announced on Tuesday that Wells Fargo has been released from the ...
SEC Signals Shift in Crypto Policy with New Rulemaking
The Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, recently addressed ...
Rolls-Royce CEO Launches Plan, Shares Soar 600%
Just two years ago, Tufan Erginbilgiç, who had recently assumed the role of CEO ...
$500M Investment in Solana: Classover’s Strategic Treasury Goals
According to recent reports, Classover Holdings Inc. (NASDAQ: KIDZ) is embarking on a significant ...
Asset Manager Pursues SEC Approval for Truth Social Bitcoin ETF
A Bitcoin Exchange-Traded Fund (ETF) branded with Donald Trump’s social media platform, Truth Social, ...
Red Bull Heir Transfers $1.1 Billion Stake to Trust Company
In a significant move within family wealth management, Chalerm Yoovidhya, the heir of Red ...
Nvidia’s $4.5 Billion Chip Write-Down Explained
Nvidia’s recent quarterly earnings report unveiled a staggering $4.5 billion write-down on chips initially ...
Bessent Discusses China’s Impact on Global Economy
Treasury Secretary Scott Bessent emphasized that China faces a significant decision regarding its future ...
Musk Evaluates Trump’s Recent Spending Bill: A Closer Look
Elon Musk has publicly criticized President Donald Trump’s newly proposed spending bill, often referred ...
Trump Team Launches New Crypto Wallet for Digital Expansion
President Donald Trump’s foray into the cryptocurrency realm continues to gain momentum. On Tuesday, ...
MrBeast Shares His Surprising Financial Journey
Jimmy Donaldson, famously known as MrBeast, has captured global attention not only for his ...
Generation Z: A New Era of Financial Savvy
Recent research conducted by Moneybox, a leading saving and investing app, has identified Generation ...
Diamondback’s Viper Energy Acquires Sitio Royalties in $4.1 Billion Deal
On June 3, 2023, Viper Energy, a key player in the minerals and royalties ...
Cango Announces $100M in Bitcoin Production After Mining Shift
In a notable transition, Cango has reported the production of 954.5 BTC, equivalent to ...
Stablecoins See Record Growth with $244 Billion Supply in May
A remarkable surge in stablecoin transactions marked May 2023 as a standout month for ...
The Decline of U.S. Public Companies and Its Economic Effects
The U.S. economy remains the most powerful and formidable in the world, yet a ...
Crypto VC Deals Drop in 2025 Despite $909M Raised in May
In May 2023, the cryptocurrency sector witnessed significant fundraising achievements, totaling approximately $909 million ...