Posted inEconomy
Major air company no longer has active license, all flights off
The air operator's certificate, commonly shortened to AOC, is the single most essential piece of…
Posted inEconomy
China opens formal probe into Palo Alto just as stock hits highs
In March 2023, China opened its first-ever cybersecurity review into a foreign company’s products. The…
Posted inTrading
Bitcoin miner sells 1,619 Bitcoin at a $47 million loss before its AI data center paid rent
Bitcoin miner Cipher Digital sold 1,619 Bitcoin for $123.4 million and booked $47.7 million in…
Posted inTrading
Hut 8’s $7 billion cash balance shrinks to $233 million outside its AI projects
Hut 8 reported over $7 billion of cash, restricted cash, and cash equivalents at June…
Posted inTrading
IREN’s $625 million AI bet creates a $476 million stock overhang
Bitcoin miner IREN registered nearly 12 million shares issued in its acquisition of Mirantis for…
Posted inTrading
Bitdeer lands $4.7 billion AI lease tied to Anthropic but must deliver by year end
Bitdeer secured a $4.7 billion AI lease but must complete a $500 million build before…
Posted inEconomy
Delta Air Lines exits entire market
The price of jet fuel has dropped slightly amid breaks in active fighting in the…
Posted inEconomy
Jim Cramer points at the mistake costing investors the most money
There is a version of cautious investing that feels responsible. You watch the headlines get…
Posted inEconomy
Biggest AI risk for investors emerges in cybersecurity
AI has been the biggest investment story of the past two years. Most of that…
Posted inEconomy
Vanguard renames key funds to highlight Morningstar benchmarks
Vanguard's renaming to add “Morningstar” to the fund name is intentional and reflects a change…