Meta, CoreWeave Shares Rise After Expanding $21 Billion AI Cloud Deal
In recent developments, both Meta and CoreWeave logged stock gains Thursday after expanding their existing AI deal, now valued at $21 billion. The development has drawn attention from traders and…
Economists Said AI Wouldn’t Take Jobs—Some Now Admit They Got It Wrong
In recent developments, a new multi-university study surveyed 69 economists, 52 AI experts, and 38 superforecasters. All three groups agree: faster AI means fewer jobs. Looking closer, market participants highlight…
Paying Iran in crypto could put shippers at sanctions risk: Chainalysis
In recent developments, crypto’s transparent ledger makes sanctions evasion easier to trace, allowing authorities to track and potentially freeze illicit flows. Looking closer, market participants highlight key drivers such as…
OpenAI Says Enterprise AI Is Already 40% of Its Revenue Amid ‘Agentic Workf…
In recent developments, openAI CRO Denise Dresser says enterprise now makes up more than 40% of the company’s revenue as companies turn to teams of agents. Looking closer, market participants…
YouTube Now Lets You Create Your Own AI Deepfakes
In recent developments, the new YouTube Shorts feature lets creators generate short videos using a realistic digital recreation of their own face and voice. Looking closer, market participants highlight key…
Bitcoin and Ethereum Open Interest Rises, Signaling Renewed Risk Appetite: Cr…
In recent developments, bitcoin and Ethereum are trading higher as open interest rises, providing some optimism about investors’ risk-on appetite. Looking closer, market participants highlight key drivers such as liquidity…
Trump-linked WLFI hits new low as token-backed loan triggers concern
In recent developments, wLFI fell to a record low after it was revealed that the project used billions of its own tokens as collateral to borrow $75 million in stablecoins.…
OpenAI Plans Advanced Cybersecurity Product—With ‘Trusted Access’ Only
In recent developments, both OpenAI and Anthropic are restricting access to their most powerful cybersecurity capabilities, releasing them only to vetted organizations. Looking closer, market participants highlight key drivers such…
Pepe May Follow Dogecoin to Wall Street—But ETF Investors Aren’t Buying Mem…
In recent developments, there’s now an application for a Pepe ETF, but Dogecoin funds have generated tepid inflows, according to CoinShares’ James Butterfill Looking closer, market participants highlight key drivers…
Federal court blocks Arizona crackdown on Kalshi’s event contracts
In recent developments, a federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with the CFTC. Looking closer, market participants highlight key drivers…
JPMorgan Eyes Ethereum Again With Second Tokenized Treasury Fund
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