Bitcoin
BlackRock clients sell $60M of IBIT, buy over $20M of ETHA in notable rotation
BlackRock's institutional clients sold $60 million of the iShares Bitcoin Trust ETF (IBIT) this week while simultaneously buying over $20 million of the iShares...
Bitcoin
Strategy posts $8.2 billion loss as bitcoin holdings increase 11% during Q2
Strategy posted an $8.2 billion loss during the second quarter, despite an 11% increase in its bitcoin holdings. The price of bitcoin was more...
Markets
Millennium Management backs Farzad Kassam to launch $1B-plus hedge fund in Dubai
Farzad Kassam, senior macro portfolio manager at Millennium Management, is preparing to launch his own investment firm in Dubai in 2027, backed by the...
Regulation
OpenAI’s Sam Altman meets with Trump officials on AI safety after rogue agent incident
OpenAI CEO Sam Altman met with Trump administration officials on July 29 and 30 to discuss voluntary safety tests and cybersecurity protocols for AI...
Markets
Apple growth slows as AI strains tech supply chains: FT
Apple has projected slower growth due to the impact of artificial intelligence development on technology supply chains. The increasing constraints in the semiconductor and...
Markets
Coinbase Q2 Earnings Miss Drags COIN Lower as Losses Hit 3rd Quarter
Coinbase posted a net loss of $359.5 million in the second quarter, with revenue of $1.22 billion, missing Wall Street's consensus estimate of $1.29...
Stablecoins
Coinbase Misses on Q2 Earnings as Crypto Trading Activity Slows
Coinbase reported $1.22 billion in second-quarter revenue, down 14% from the previous quarter, and a net loss of $359 million, missing Wall Street estimates...
Stocks
Stocks making the biggest moves after hours: Apple, Amazon, Rivian, Reddit & more
Amazon surged more than 9% after hours following better-than-expected revenue and cloud growth for the second quarter, with its cloud segment expanding 37% year...