HomeNews

News

Cloudflare shares plunge 20% on AI layoffs, despite strong Q1 earnings

Shares of internet infrastructure company Cloudflare (NET) plunged over 20% on Friday despite reporting strong first-quarter earnings that beat profit expectations. The sell-off, which...

Bitcoin Miner TeraWulf Posts $446M Loss as AI Shift Accelerates

Shares in Bitcoin mining firm TeraWulf (WULF) fell after it reported a significant first-quarter net loss of $427 million. The company's revenue for the...

Ripple (XRP) Network Activity Slumps as Speculative Momentum Fades

Network activity for XRP has significantly declined since late 2024, according to blockchain analytics firm Glassnode. New address creation has dropped 85%, and monthly...

ZEN Price Holds Bullish Outlook as Analyst Eyes Breakout to $8.18

The price of Horizen's ZEN token shows a positive near-term outlook as buyers defend a key technical pullback zone. Analyst Crypto Patel highlighted a...

Apple, Intel Strike Preliminary Chip Production Deal: WSJ

Apple Inc. and Intel have reached a preliminary agreement for Intel to manufacture chips for Apple devices. The deal provides a foundational customer for...

Nvidia Strikes $3.4B AI Infrastructure Deal with Bitcoin Miner IREN

Nvidia and Bitcoin mining firm turned AI infrastructure provider IREN Limited have announced a major strategic partnership. The deal involves deploying up to 5...

Swiss Campaign to Force Central Bank to Hold Bitcoin Fails Signature Goal

A campaign to force the Swiss National Bank to add Bitcoin to its reserves has ended prematurely. Organizers secured only about half of the...

ECB’s Lagarde Warns Euro Stablecoins Threaten Banks, Monetary Control

European Central Bank President Christine Lagarde has warned that euro-denominated stablecoins pose significant risks to banks and central bank policy control. She stated the...

Most Popular

spot_img