ByteDance Plans $23B AI Spending to Match US Rivals
π Key Facts β ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. β The expenditure aims to build AI inf...
π Key Facts β ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. β The expenditure aims to build AI inf...
π Key Facts β ETHZilla, backed by Peter Thiel, sold $74.5 million of ETH. β The sale was to pay off debt obligations. β...
π Key Facts β 2025 advanced DeFi along its maturity curve with discernible credit cycles β Growing institutional inflows strengthened t...
π Key Facts β Ghana legalizes cryptocurrency trading and activities. β Central bank is authorized to regulate the sector. ...
π Key Facts β Apollo is cutting risks to prepare for market turmoil. β The firm is stockpiling cash reserves for liquidity. ...
π Key Facts β Hilbert Group acquires Enigma Nordic for $25 million. β The deal expands Hilbert's systematic trading toolkit. ...
Saks Global, the company behind some of the most iconic luxury department stores, is in trouble. Getty Images; Alyssa Powell/BI Saks Global, the company behind some of America's most iconic department...
π Key Facts β Gold price has climbed to a new record high. β Investors are flocking to precious metals. β Geopo...
π Key Facts β Unpredictable cocoa markets are affecting chocolate sourcing. β Candy makers are rethinking their approaches to procureme...
A $400,000 lobster shipment was stolen en route to Costco stores in Illinois and Minnesota. LAUREN OWENS LAMBERT/REUTERS A $400,000 lobster shipment was stolen en route to Costco stores in Illinois an...
π Key Facts β Caroline Pham served as acting chair of the CFTC. β Monday marked Caroline Pham's last day at the regulator. ...
π Key Facts β Novo Nordisk, a Danish company, has US approval for its weight-loss drug as a daily oral pill. β This is the first oral o...
π Key Facts β ETHZilla liquidated $74.5 million in Ether. β The liquidation was to redeem convertible debt. β T...
π Key Facts β Every weekday, the Investing Club releases the Homestretch. β The Homestretch is an actionable afternoon update. ...
π Key Facts β The Department of Education removed the partial financial hardship requirement for IBR plans on December 22. β Higher-inc...
π Key Facts β The Interior Department ordered the pause of five wind power projects in the Atlantic. β One project provided cheap elect...
π Key Facts β Bitcoin may end 2026 with a negative return, breaking the four-year cycle due to market maturation. β Both U.S. political...
π Key Facts β Uber and Lyft to test Baidu robotaxis in London next year β The initiative joins Waymo's robotaxi efforts ...
π Key Facts β Clare Lane purchased two pairs of leggings online. β She accidentally signed up to a subscription during the purchase. ...
π Key Facts β BitMine holds 4,066,062 ETH in its treasury β The treasury is valued at around $12 billion at current prices ...