Coinbase Backs QCAD Stablecoin to Power Canadian Crypto Adoption
Coinbase Global (NASDAQ:COIN), one of the world’s largest crypto exchanges, has announced an investment in Stablecorp to bring QCAD — a Canadian dollar-denominated stablecoin — to Canadians. The announcement was…
Crypto Market Recap: Coinbase Hit by US$400 Million Hack, GENIUS Act Under Scrutiny
Here’s a quick recap of the crypto landscape for Friday (May 16) as of 4:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up…
Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team
Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two of the most-valuable teams in women’s sports. The founder of venture…
Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation
Nvidia said it won’t be sending graphics processing unit plans to China following a report that the artificial intelligence chipmaker is working on a research and development center in Shanghai in light of…
Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth
Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as consumers have cut back on dining. The Mediterranean chain said…
The S&P 500 Snapped Back Hard: Now What?
The S&P 500 ($SPX) just staged one of the sharpest rebounds we’ve seen in years. After tumbling into deeply oversold territory earlier this year, the index has completely flipped the…
What Sector Rotation Says About the Market Cycle Right Now
Where are we in the market cycle? In this video, Julius reviews the sector rotation and asset class performance from the past 2-3 weeks to provide an objective take on…
Far-left congresswoman revives ousted ‘Squad’ Dem’s reparations push for Black Americans: ‘We are awake’
A member of the House of Representatives’ progressive ‘Squad’ is reviving legislation aimed at giving reparations payments to Black Americans for slavery. Rep. Summer Lee, D-Pa., reintroduced a resolution Thursday…
State Department confirms ‘constructive’ nuclear talks with Iran; Trump says deal ‘sort of’ agreed to
The State Department said nuclear talks between the U.S. and Iran have been constructive, and President Donald Trump has been clear about wanting to see diplomacy. U.S. State Department deputy…
GOP rebel mutiny threatens to derail Trump’s ‘big, beautiful bill’ before key committee hurdle
President Donald Trump’s ‘big, beautiful bill’ appears to be in peril as of late Thursday afternoon, ahead of a critical meeting by the House Budget Committee to bring the legislation…