Business

Volkswagen is permanently slashing its global production capacity and killing off 10 vehicle models, including the 40-year-old Jetta and Porsche Taycan variants, as executives target an 8 percent return margin.

The Shiller P/E ratio hit 40 for the first time since the dot-com bubble just as June CPI data and Q2 bank earnings collide this week.

Volkswagen CEO Oliver Blume admits the company's real problem isn't demand, it's profitability, outlining a plan to slash up to 50% of core models.

Bitmine has quietly amassed 5.74 million ETH—4.8% of the total supply—as Chairman Tom Lee predicts an imminent ETH/BTC ratio breakout ahead of the "Lean Ethereum" upgrade.

TSMC reported a 67.9% year-over-year revenue jump for June 2026, driven by a fully booked AI chip manufacturing pipeline stretching into 2027.

Under the FASB ASU 2023-08 update, US companies can now apply fair-value accounting to digital assets, making corporate crypto adoption financially viable.