Business
Jim Cramer Doubts Big Tech Rally as Alphabet Surges and Infrastructure Stocks Plunge
Dell shares plunged 10% and Micron dropped 8% as New York paused data center permits, splitting the tech sector even as Alphabet jumped 3% on Berkshire Hathaway backing.
Business
Netflix Hikes Ad-Free Plan 29%: Antitrust Scrutiny Mounts Ahead of Thursday Earnings
A 29% price hike on Netflix's ad-free tier has pushed operating margins to 32.6%, triggering a coordinated antitrust push in Washington just days before Q2 earnings.
Business
US transfers $297M in seized crypto to Coinbase as Strategic Bitcoin Reserve faces first test
The U.S. government just transferred $297 million in seized Bitcoin and Ether to Coinbase Prime, testing the strict "no-sell" rules of the 2025 Strategic Bitcoin Reserve.
Business
Treasury Announces $1 Trump Coin, Defying Presidential Tradition
The Treasury is bypassing a long-standing federal code to put President Trump on a new $1 coin. They are utilizing a 2020 legal loophole to launch the "gold-like" currency this fall.
Business
MicroStrategy Sets Bitcoin Panic Floor at $8,000 as CEO Defends Balance Sheet
MicroStrategy CEO Phong Le set an $8,000 Bitcoin price floor as the company's absolute threshold for reevaluating its debt strategy amid the 2026 Strait of Hormuz crisis.
Business
Ferrari Embraces Luce EV Backlash as Lamborghini Retreats
Ferrari's global marketing director Emanuele Carando says the company is "very pleased" with the intense public outrage over its new $640,000-plus Luce EV, treating the backlash as free advertising.