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Investing

PepsiCo beats revenue estimates but warns North America demand remains under pressure

PepsiCo beat Wall Street expectations for second-quarter revenue and profit on Thursday, but investors focused on the company’s warning that inflationary pressures continue

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Business

BlackRock Says 75% of IBIT Investors Were New to ETFs

Why Is IBIT Becoming More Than A Bitcoin Product? BlackRock’s spot bitcoin exchange-traded fund is acting as an entry point for new investors

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Investing

Micron to invest up to $3B in US chip supply chain, stock jumps on AI optimism

Micron Technology shares surged 6% in premarket trading on Thursday after the memory-chip maker announced plans to invest up to $3 billion to

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Business

WhiteBIT Wins Austria MiCA License Ahead of EU Deadline

Why Does WhiteBIT’s MiCA Approval Matter? Crypto exchange WhiteBIT has obtained authorization under the European Union’s Markets in Crypto-Assets Regulation from Austria’s Financial

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Business

DOJ Set to Drop Case Against BitClub’s $722M Crypto…

Why Is the DOJ Moving to Drop the BitClub Case? The U.S. Department of Justice is planning to drop charges against Matthew Goettsche,

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Investing

Dow Jones slips even as chip stocks offset renewed US-Iran tensions

US stocks opened higher on Thursday as gains in semiconductor shares helped offset renewed geopolitical concerns after fresh exchanges of attacks between the

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Investing

Broadcom stock is in a local bear market: will it retest its record high?

Broadcom stock price rose by 5% on Wednesday after extending its relationship with Apple. AVGO rose to $395, a 10% increase from its

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Business

Range Raises $8.3 Million in Oversubscribed Series A Round

Why Did Range Raise New Funding? Stablecoin infrastructure startup Range has raised $8.3 million in an oversubscribed Series A round, bringing the Zug-based

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Business

Kraken Launches Onchain DEX Trading Through Main Mobile App

Why Is Kraken Adding DEX Trading To Its Main App? Kraken is launching onchain decentralized exchange trading through its main mobile app, giving

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Investing

Salesforce stock falls after KeyBanc downgrade on AI growth concerns

Salesforce Inc. (CRM) shares fell 2.5% on Thursday after KeyBanc downgraded the software company, citing concerns that its Agentforce artificial intelligence platform may

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