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Crypto rises on renewed optimism House will pass key stablecoin legislation this week

cnbc.com Tanaya Macheel 2025-07-22 11:23:06

Cryptocurrencies and several stocks tied to the blockchain ecosystem rallied Wednesday after the House approved a procedural vote to consider three key bills governing crypto regulation after Republican lawmakers halted their passage Tuesday. Bitcoin was last higher by 2% at $119,293.86, according to Coin Metrics, while ether surged more than 10% to $3,382.95. Shares of stablecoin issuer Circle jumped 19% and crypto services firm Coinbase gained about 2% after both closed lower Tuesday. Ether

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Crypto bounces on renewed optimism House could pass key stablecoin legislation this week

cnbc.com Tanaya Macheel 2025-07-24 00:29:19

In this article COIN CRCL ETH.CM= BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT Nurphoto | Nurphoto | Getty Images Cryptocurrencies and several stocks tied to the ecosystem rose Wednesday as investors dismissed a snag in what was expected to be a winning week for crypto regulation. Bitcoin was last higher by 2% at $119,114.79, according to Coin Metrics, while ether rose 3% to $3,156. Shares of stablecoin issuer Circle added more than 1% premarket and crypto services firm Coinbase

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Every Best Buy store will have Nintendo Switch 2 consoles on July 17th

theverge.com Brandt Ranj 2025-07-28 04:51:32

It’s been over a month since the Switch 2’s record-breaking launch, and the console is becoming easier to get with each restock. However, if you’ve been waiting for the launch of Donkey Kong Bananza to buy one, Best Buy sneakily announced that its next in-store restock will happen Thursday, July 17th, the game’s launch day. Every Best Buy location will have consoles in stock. Best Buy’s in-store restock announcement doesn’t mention whether both the standalone console ($449.99) and Mario Kart Wo

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Elon Musk Asks Analyst Pointing Out Tesla Issues to "Shut Up"

futurism.com Unknown 2025-08-01 03:16:36

He's not thrilled, y'all. Expert Advice Amid Tesla's latest CEO-flavored downturn, Elon Musk is now hurling insults at a prominent stock analyst. Earlier in the day, Wedbush analyst and Tesla fan Dan Ives posted on X with a few stark but reasonable recommendations to keep the electric vehicle company afloat and its investors happy to boot. Those suggestions — a new pay package, an xAI merger, and oversight on how much time Musk spends at Tesla and his outside "political endeavors" — clearly

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Studio Trigger Anime ‘New Panty & Stocking with Garterbelt’ Is a Raunchy, Foul-Mouthed Riot

gizmodo.com Isaiah Colbert 2025-08-03 04:00:08

Somewhere between Cartoon Network’s super-powered girl mayhem in Powerpuff Girls and Netflix’s unfiltered sex-fueled comedy in Big Mouth, Neon Genesis Evangelion studio Gainax unleashed Panty & Stocking with Garterbelt into the world of animation in 2010. The series, which can be best described as what would happen if Powerpuff Girls were created with crass Adult Swim humor in mind, instantly became an anime cult touchstone with its brazen, raunchy comedy and balls-to-the-wall action. Now, Stud

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The Hidden Cost of OpenAI’s Genius

gizmodo.com Luc Olinga 2025-08-04 17:55:27

OpenAI is the undisputed poster child of the AI revolution, the company that forced the world to pay attention with the launch of ChatGPT. But behind the scenes, a desperate and wildly expensive battle is raging, and the cost of keeping the company’s geniuses in-house is becoming astronomical. According to a recent report from The Information, OpenAI revealed to investors that its stock-based compensation for employees surged more than fivefold last year to an astonishing $4.4 billion. That fig

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The End of the Stock Market As We Know It

gizmodo.com Luc Olinga 2025-08-07 12:38:31

A revolution is brewing in finance, promising to shatter the old walls of Wall Street and bring assets like stocks, bonds, and even skyscrapers onto the blockchain. It’s called tokenization, and it could fundamentally change how we own, trade, and think about value. To understand what this means for the average person, we broke down the concept and spoke with Ken DiCross, co-founder of the blockchain interoperability platform Wire Network, about the future of a tokenized world. 1. What Is Token

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Tesla shares drop 7% after Elon Musk says he is launching a political party

cnbc.com Arjun Kharpal 2025-08-08 16:56:15

Tesla stock fell about 7% on Monday after CEO Elon Musk announced plans to form a new political party. The stock was on pace for its worst day since June 5, when it fell 14% as the clash between Musk and President Donald Trump erupted. Musk said Saturday that the party would be called the "America Party" and could focus "on just 2 or 3 Senate seats and 8 to 10 House districts." He suggested this would be "enough to serve as the deciding vote on contentious laws, ensuring that they serve the tr

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CoreWeave to acquire Core Scientific in $9 billion all-stock deal

cnbc.com Mackenzie Sigalos 2025-08-08 20:40:05

CoreWeave founders Brian Venturo, at left in sweatshirt, and Mike Intrator slap five after ringing the opening bell at Nasdaq headquarters in New York on March 28, 2025. Artificial intelligence hyperscaler CoreWeave said Monday it will acquire Core Scientific , a leading data center infrastructure provider, in an all-stock deal valued at approximately $9 billion. Coreweave stock fell about 4% on Monday while Core Scientific stock plummeted about 20%. Shares of both companies rallied at the end

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Jeff Bezos sells $737 million worth of Amazon shares

cnbc.com Annie Palmer 2025-08-16 08:15:03

Amazon founder Jeff Bezos leaves Aman Venice hotel, on the second day of the wedding festivities of Bezos and journalist Lauren Sanchez, in Venice, Italy, June 27, 2025. Amazon founder Jeff Bezos unloaded more than 3.3 million shares of his company in a sale valued at roughly $736.7 million, according to a financial filing on Tuesday. The stock sale is part of a previously arranged trading plan adopted by Bezos in March. Under that arrangement, Bezos plans to sell up to 25 million shares of Am

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The Nintendo Switch 2 will be available in-store at Best Buy on July 1st

theverge.com Brandon Russell 2025-08-18 14:13:59

Finding a Nintendo Switch 2 hasn’t been easy since its launch on June 5th, with sporadic availability over the past few weeks at various retailers. Luckily, if you’ve missed chances to pick one up, Best Buy will have more stock at its retail stores across the US starting tomorrow, July 1st. The Verge has reached out to Best Buy as to whether locations will primarily stock the standalone system ($449.99), the console bundle $499.99) that comes with Mario Kart World , or both. We’ll update this po

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Nvidia insiders dump more than $1 billion in stock, according to report

cnbc.com Samantha Subin 2025-08-20 10:07:32

NVIDIA founder and CEO Jensen Huang speaks during the NVIDIA GTC Paris keynote, part of the 9th edition of the VivaTech technology startup and innovation fair, held at the Dôme de Paris in the Porte de Versailles exhibition center in Paris on June 11, 2025. Insiders at artificial intelligence chipmaker Nvidia have dumped more than $1 billion in stock over the last year, according to a report from the Financial Times. About $500 million worth of sales occurred over the last month as the market

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Tesla's IPO was 15 years ago. The stock is up almost 300-fold since then

cnbc.com Ari Levy Lora Kolodny 2025-08-20 08:00:01

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT CEO of Tesla Motors Elon Musk waves after ringing the opening bell at the NASDAQ market in celebration of his company's initial public offering in New York June 29, 2010. Brendan McDermid | Reuters At the time of Tesla's IPO 15 years ago, the company had generated roughly $150 million in revenue in its lifetime. That came almost entirely from the Roadster, a two-seat electric sportscar that boasted a range of 236 miles on a s

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Nvidia notches 5-day win streak as it hits record highs

cnbc.com Samantha Subin 2025-08-21 00:00:31

Jensen Huang, CEO of Nvidia, speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Nvidia stock rose for a fifth consecutive day Friday as the chipmaker notched fresh highs and investors shook off China concerns. The rise in shares has helped the artificial intelligence chipmaking giant regain its seat as the most valuable company. The stock is up 66% since hitting its 52-week low in early

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Coinbase is the best-performing stock in the S&P 500 in June, and may have even more room to run

cnbc.com Tanaya Macheel 2025-08-21 04:38:21

People watch as the logo for Coinbase, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron at Times Square in New York on April 14, 2021. Coinbase is the top performer in the S&P 500 in June, boosted by positive regulatory updates, product launches and, of course, its very inclusion in the benchmark stock index at the end of May. The crypto exchange's outperformance in the S&P 500 extends back to the April 8 market low, just after President Donald Trump's

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Nvidia heads for 5-day win streak as it hits record highs

cnbc.com Samantha Subin 2025-08-22 00:52:52

Jensen Huang, CEO of Nvidia, speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Nvidia stock rose for a fifth consecutive day Friday as the chipmaker hovered near fresh highs and investors shook off China concerns. The rise in shares has helped the artificial intelligence chipmaking giant regain its seat as the most valuable company. The stock is up 66% since hitting its 52-week low in ear

Topics: market microsoft nvidia stock trillion

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Stephen Miller Owns Stock in Notorious ICE Collaborator Palantir

gizmodo.com Matt Novak 2025-08-28 07:00:35

Stephen Miller, a senior advisor to President Donald Trump, is well known as one of the most extreme anti-immigrant voices in the administration. But he’s not just a ghoul driven by far-right ideology to rid the U.S. of anyone who’s not white. Miller also appears to be making some money in the process, thanks to his stock ownership in a company that’s helping the U.S. government rip apart immigrant families through deportation. Miller owns anywhere from $100,000 to $250,000 in Palantir stock, a

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Trump Media Has a Bold Plan to Regain Confidence

gizmodo.com Luc Olinga 2025-08-30 08:56:45

Trump Media and Technology Group, the company behind Truth Social, announced an ambitious new financial strategy on Monday: it’s going to spend up to $400 million to buy its own stock. In a press release, CEO Devin Nunes framed the move as a resounding “vote of confidence in our Company, our stock, and our strategic plans.” With approximately $3 billion in cash on its balance sheet, Nunes argued, the company has the flexibility to take actions that “support strong shareholder returns.” But in

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Super Micro shares fall on planned $2 billion convertible debt offering

cnbc.com Kif Leswing 2025-08-30 16:00:48

Super Micro Computer shares fell about 6% on Monday after the server maker said it plans to offer $2 billion in convertible notes, maturing in 2030. A company's stock often falls on the announcement of a convertible offering because the eventual conversion to equity could dilute existing shareholders' stakes. Super Micro, which has seen its business boom due to soaring demand for Nvidia's artificial intelligence processors, said in a press release that it plans to use the proceeds from the off

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Trump Media approves $400 million stock buyback

cnbc.com Mackenzie Sigalos 2025-08-31 12:28:53

U.S. President Donald Trump speaks to the media upon arrival at Joint Base Andrews following a visit to North Carolina, in Maryland, U.S., June 10, 2025. Trump Media & Technology Group , the parent company of Truth Social, Truth+, and the fintech platform Truth.Fi, said Monday its board has approved a stock buyback of up to $400 million. Trump Media stock rose about 3% on the news premarket. The Florida-based company, which trades under the ticker DJT on both Nasdaq and NYSE Texas, said the b

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I Ordered a Switch 2 From Verizon. It Didn't Go Well

cnet.com See Full Bio 2025-08-31 13:00:08

Back on June 5, the Switch 2's launch day, I wrote about Belkin's new accessories for Nintendo's latest game console. I noted I hadn't tried the Belkin accessories yet with my Switch 2; I ordered my console from Verizon, and it wasn't scheduled to arrive until the following day. My Switch 2 didn't arrive on June 6. Or the day after. Or a week later. Or ever. It didn't take a genius to figure out what had happened: Verizon, a company that you don't typically associate with selling game consoles

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Grifin secures $11M to make investing less intimidating

techcrunch.com Lauren Forristal 2025-09-06 08:00:00

Grifin, an investment app that simplifies investing by automatically purchasing stocks in brands where users regularly shop, announced on Wednesday that it has secured an $11 million Series A funding round, bringing the total amount raised to around $22 million. Alongside the announcement, Grifin also revealed it has surpassed 500,000 registered users, indicating that its approach to investing resonates with a lot of users. Grifin also claims approximately 1 million total app downloads and 100,

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Tesla Stock Plummets as Company Abruptly Halts Production of Cybertruck and Model Y

futurism.com Unknown 2025-09-07 03:59:04

Tesla is pausing production of the Cybertruck and its newly-retooled Model Y, and the stock market is already responding. On the heels of a new Business Insider report about the production shutdown, which is purportedly slated for the week of June 30 based on insider interviews, the company's stock fell to about $316, which was almost four percent lower than it was at the start of the day. To make matters worse, Tesla stock was already sliding thanks to CEO Elon Musk's Robotaxi pilot being push

Topics: cybertruck musk production stock tesla

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Grifin secures $11M to make investing less intimidating for its female user base

techcrunch.com Lauren Forristal 2025-09-07 04:00:00

Grifin, an investment app that simplifies investing by automatically purchasing stocks in brands where users regularly shop, announced on Wednesday that it has secured a $11 million Series A funding round, bringing the total amount raised to around $22 million. Alongside the announcement, Grifin also revealed it has surpassed 500,000 registered users, indicating that its approach to investing resonates with a lot of users. Grifin also claims approximately 1 million total app downloads and 100,0

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Anne Wojcicki has a new offer to take 23andMe private, this time for $74.7 million

cnbc.com Ashley Capoot 2025-06-01 13:43:50

23andMe CEO Anne Wojcicki and New Mountain Capital have submitted a proposal to take the embattled genetic testing company private, according to a Friday filing with the U.S. Securities and Exchange Commission. Wojcicki and New Mountain have offered to acquire all of 23andMe's outstanding shares in cash for $2.53 per share, or an equity value of approximately $74.7 million. The company's stock closed at $2.42 on Friday with a market cap of about $65 million. The offer comes after a turbulent y

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Nvidia's RTX 5070 Ti vanishes in seconds as supply woes continue

techspot.com Daniel Sims 2025-06-01 13:20:00

Facepalm: After Nvidia's RTX 5090 and 5080 faced immediate shortages, consumers hoped that the company's new mid-range graphics cards would at least stay in stock for more than a millisecond. Unfortunately, the RTX 5070 Ti sold out just as quickly, and reports suggest that the RTX 5070 and 5060 may face similar supply issues. As the RTX 5070 Ti officially "launched" on February 20, screenshots of storefronts revealed just how quickly every model sold out. Screenshots of Newegg's front page, ta

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Nvidia’s Big Plan to Beat Back RTX 5090 Scalpers Is the Same as Everybody Else’s

gizmodo.com Kyle Barr 2025-06-01 12:43:13

The markup on Nvidia’s $2,000 GeForce RTX 5090 and $1,000 RTX 5080 GPUs has reached new heights. Cards fly off store shelves as soon as they’re posted online, and then they end up on eBay and other reselling platforms at a 50% or 150% markup. Nvidia’s new plan to help you get an FE card for the base price involves entering your name in a raffle and hoping your name gets drawn out of a hat. Nvidia’s process is very simple. As noted on its official forums Wednesday, anybody with a Nvidia account

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Latest Tech News

Crypto rises on renewed optimism House will pass key stablecoin legislation this week

Crypto bounces on renewed optimism House could pass key stablecoin legislation this week

Every Best Buy store will have Nintendo Switch 2 consoles on July 17th

Elon Musk Asks Analyst Pointing Out Tesla Issues to "Shut Up"

Studio Trigger Anime ‘New Panty & Stocking with Garterbelt’ Is a Raunchy, Foul-Mouthed Riot

The Hidden Cost of OpenAI’s Genius

The End of the Stock Market As We Know It

Tesla shares drop 7% after Elon Musk says he is launching a political party

CoreWeave to acquire Core Scientific in $9 billion all-stock deal

Jeff Bezos sells $737 million worth of Amazon shares

The Nintendo Switch 2 will be available in-store at Best Buy on July 1st

Nvidia insiders dump more than $1 billion in stock, according to report

Tesla's IPO was 15 years ago. The stock is up almost 300-fold since then

Nvidia notches 5-day win streak as it hits record highs

Coinbase is the best-performing stock in the S&P 500 in June, and may have even more room to run

Nvidia heads for 5-day win streak as it hits record highs

Stephen Miller Owns Stock in Notorious ICE Collaborator Palantir

Trump Media Has a Bold Plan to Regain Confidence

Super Micro shares fall on planned $2 billion convertible debt offering

Trump Media approves $400 million stock buyback

I Ordered a Switch 2 From Verizon. It Didn't Go Well

Grifin secures $11M to make investing less intimidating

Tesla Stock Plummets as Company Abruptly Halts Production of Cybertruck and Model Y

Grifin secures $11M to make investing less intimidating for its female user base

Anne Wojcicki has a new offer to take 23andMe private, this time for $74.7 million

Nvidia's RTX 5070 Ti vanishes in seconds as supply woes continue

Nvidia’s Big Plan to Beat Back RTX 5090 Scalpers Is the Same as Everybody Else’s

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