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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Spanish and Portuguese mobile and internet users turned to Elon Musk’s Starlink in record numbers on Monday, as a widespread electricity blackout on the Iberian peninsula exposed vulnerabilities in telecoms networks. Usage of the Starlink … Read more
A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange, March 1, 2018. Eduardo Munoz Alvarez / Getty Images The Magnificent Seven stocks collectively lost more than $1 trillion in Thursday trading, a stunning milestone that underscores how President Donald Trump’s tariff rollout crippled financial markets. … Read more
The current crypto bloodbath is pushing investors to seek protection by buying options. According to Bybit X Block Scholes crypto derivatives analytics report, the current crypto market downturn has pushed investors to buy options as a way of hedging against further losses. When Trump announced the U.S. would create a crypto strategic reserve, which would … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A record number of senior lawyers have moved jobs in London so far this year as deep-pocketed US law firms continue to disrupt the market, in a sign that partner hires could hit new heights … Read more
A Michigan man has been arrested after police said he drove over 700 miles to set fire to the Pennsylvania home of a man who had communicated with his ex-girlfriend online. The Bensalem Police Department said 21-year-old Harrison Jones, of Rockford, Mich., was arrested for setting fire to a home with six people inside. The … Read more
Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119 million. Seagate said on Thursday that it’ll pay $4 per share in a tender offer for Intevac, which is publicly traded. Seagate will initially purchase a minimum of “at least one share … Read more
Sui has seen a market cap rebound of over 10% in the past 24 hours as a result of its growing presence in DeFi and gaming sectors. According to on-chain analytics platform Santiment, Sui’s market cap growth is supported by new partnerships, staking rewards, and an increasingly bullish social media sentiment, which is at its … Read more
Keppel’s connectivity segment, which handles its data-center business, was the only division that reported growth in profits last year. Read More
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum and Dogecoin show bullish signs, while Elluminex gains traction with its TON blockchain use cases. While the crypto market is generally struggling with a notable downtrend, price charts of some popular altcoins are … Read more
Apple CEO Tim Cook said DeepSeek’s AI models represent “innovation that drives efficiency” during an earnings call Thursday while fielding questions from analysts about the iPhone maker’s AI ambitions. “In general, I think innovation that drives efficiency is a good thing. And, you know, that’s what you see in that model,” said Cook, responding to … Read more
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