Zenith Bank PBT edges up as impairments collapse
Zenith Bank posted a 1.9 percent rise in pre-tax profit to N637.6 billion for the first half of 2026, a headline that barely moves until you notice th
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Palantir's rally forces Wall Street into awkward chase
Shares of Palantir Technologies have climbed roughly 60 percent since August, leaving the stock within striking distance of its 52-week high and the a…
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Securitize lists twelve mega-cap stocks on Solana with NYSE venue planned
Securitize has placed tokenized versions of Apple, Nvidia, Tesla and nine other U.S. mega-caps onto the Solana blockchain, marking the largest single
White House unveils $6 billion quantum and AI science push
The Trump administration laid out more than $6 billion in federal science spending on Thursday, headlined by a $215 million Energy Department competit
Treasury auctions clear at highest yields since early 2000s
The US Treasury sold $728 billion of securities across eight auctions this week, with the three coupon sales, three-year notes, 10-year notes and 30-y
SpaceX spectrum deal pressures telecom shares
SpaceX agreed Thursday to buy a nationwide spectrum portfolio from Grain Management, a move that sent shares of AT&T, Verizon and T-Mobile lower in af
Asian Refiners Abandon US Crude as Tanker Rates Hit $82 Million
Asian refiners have stopped buying US Gulf Coast crude because the cost of shipping it has surged to levels that erase the arbitrage, cutting off a su
Buffett's Apple Sale Leaves $112 Billion on the Table
Warren Buffett's decision to shed three-quarters of Berkshire Hathaway's Apple stake in his final nine quarters as chief executive has left the conglo
Dimon flags cyber risk surge, SentinelOne AI revenue triples
Jamie Dimon told Bloomberg last Tuesday that cyber risk at JPMorgan Chase has increased tenfold since his April shareholder letter, citing the release
TSMC September Revenue Jumps 54.6% on AI Chips
Taiwan Semiconductor Manufacturing Co reported September revenue of NT$511.86 billion, or $16.03 billion, up 54.6% from a year earlier but down 0.6% f
HUD Probes Wells Fargo Mortgage Lending Over Race-Based Commitments
The Department of Housing and Urban Development has opened a Fair Housing Act investigation into Wells Fargo, targeting the bank's decade-long pledges
SpaceX Spectrum Deal Sinks Wireless Stocks
AT&T, T-Mobile and Verizon each lost 11 percent in Friday’s session after SpaceX disclosed it had acquired low-band spectrum from Grain Management, a
Meanwhile raises $37.5 million as Bitcoin life insurance finds wealthy buyers abroad
A Bermuda-licensed life insurer that runs its entire balance sheet in Bitcoin has closed a $37.5 million follow-on round from existing backers, led by
OpenAI Projects $70 Billion Annualized Revenue by Year End
OpenAI told investors it expects annualized revenue to hit at least $70 billion by December, a $20 billion jump from the $50 billion pace recorded at
NEAR cracks top 20 on ETP launch and Intents volume
NEAR Protocol’s token muscled into the top 20 by market capitalization Thursday after a 138% run over 30 days, lifted by a new US spot exchange-traded
US Bitcoin ETFs post largest outflow since June
US spot Bitcoin ETFs bled $484.9 million on Wednesday, the biggest single-day withdrawal since late June and enough to erase the month's early gains.
Alphabet unveils Gemini agent as enterprise AI battle intensifies
Alphabet shares edged higher Thursday after the company introduced its most ambitious artificial intelligence product yet, a universal agent designed
GlobalFoundries to supply TSMC interposers in $2bn deal
GlobalFoundries and TSMC have signed a five-year, $2 billion agreement under which GlobalFoundries will manufacture silicon interposers for TSMC's CoW
TSMC September Revenue Jumps 54.6% on AI Chips
Taiwan Semiconductor Manufacturing Co posted September revenue of NT$511.86 billion ($16.03 billion), up 54.6% from a year earlier but down 0.6% from
SpaceX insider unlock adds $51 billion of potential supply
SpaceX's staggered lockup schedule reached its latest milestone on October 9, releasing roughly 319 million early-release-eligible insider shares with
Bitcoin slides to $80,400 as liquidations hit $1.19 billion
Bitcoin dropped to $80,400 on Thursday, its lowest level since September 21, before clawing back above $81,000, while nearly $1.19 billion in leverage
OCC fines Amex $350 million for compliance failures
Federal regulators penalized American Express $350 million on Tuesday for systemic anti-money laundering breakdowns, one of the largest enforcement ac
Canada launches $2 billion heat pump rebate program
The federal government unveiled a $2 billion, eight-year rebate scheme on Thursday that aims to put electric cold-climate air-source heat pumps in up
Goldman Sachs chiefs set for $500m bonus pool
Goldman Sachs is preparing to hand its top 20 executives a bonus pool worth as much as $500 million, one of the largest collective payouts in the firm
Saudi FDI drops as war strains Vision 2030 financing
Foreign direct investment into Saudi Arabia fell sharply in the second quarter, underscoring how the U.S.-Iran conflict is undermining the capital flo
Marvell Lifts 2028 Revenue Target on AI Demand
Marvell Technology raised its 2028 revenue forecast, citing strong AI data center demand, and the market responded by pushing shares up nearly 9 perce
G7 Accelerates Oil Stock Release as Markets Shrug
The Group of Seven nations agreed Friday to speed up the release of 100 million barrels from emergency petroleum reserves, a move orchestrated after U
OpenAI revenue revised down twenty billion
OpenAI has told investors its annualized revenue is approaching $50 billion, roughly $20 billion less than the figure circulating a week earlier that
PepsiCo shares rise on deep-value thesis
PepsiCo shares rose 2.95% to $127.38 Tuesday as investors weighed a deep-value case built on a 4.65% dividend yield and a 40% discount to historical v
Trade deficit hits post-Liberation Day high
The U.S. trade deficit widened 13.7 percent to $105.6 billion in August, the largest monthly gap since March 2025 and a direct contradiction of the ta
Anduril Navy deal reaches $6.6 billion for submarine shipyard
Anduril is committing $3.7 billion of its own capital to build a Baltimore County shipyard for Virginia-class submarine components, and the Navy is at