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Netflix's ad-supported tier now has 250M monthly viewers, rivaling the population of Brazil.
Netflix's ad-supported subscription tier has grown to over 250 million monthly active viewers worldwide, a massive increase from 70 million in 2024. This audience size rivals the population of Brazil, making advertising a major revenue driver for the...
Ripple's bank deals grow but XRP price falls as institutions prefer stablecoin RLUSD over XRP.
Ripple has secured ten major bank partnerships in 2026, including Deutsche Bank and JPMorgan, but XRP's price has dropped 41% since January. The reason is that most deals use Ripple's stablecoin RLUSD for settlements, which doesn't require XRP, limit...
Cerebras Systems overcomes near-failure to IPO at $60B, revolutionizing AI chip design with a giant wafer chip.
Cerebras Systems, now a $60 billion public company, nearly failed in 2019 after burning $200 million trying to solve a unique technical challenge: creating a single giant AI chip from an entire silicon wafer. The company’s founders believed this appr...
Macy's shares rise 5% as Berkshire Hathaway buys 1% stake and earnings outlook improves
Macy's stock jumped 5% after Berkshire Hathaway acquired a new 1% stake in the company, signaling confidence in the retailer. Macy's reported solid Q4 results, with comparable store sales up 1.8% and strong performance at Bloomingdale's despite a sli...
Healthcare sector undervalued, with iShares U.S. Pharmaceuticals ETF leading gains but risks from concentration exist.
The healthcare sector, particularly healthcare equipment, is currently undervalued compared to historical averages. The iShares U.S. Pharmaceuticals ETF (IHE) has notably outperformed the broader healthcare ETF XLV by 27% over the past year, driven l...
Phunware CEO unveils AI-driven Hospitality Tech 2.0 to enhance guest experience and boost resort revenue
Phunware Inc's new CEO, Dimitry Kroshka, introduced the company's strategic vision called Hospitality Tech 2.0, which expands its AI-driven platform for luxury resorts. The platform uses spatial technology to guide guests through complex resort prope...
Rising energy prices and geopolitical tensions push US 10-year Treasury yields near 4.6%, risking economic pain.
Concerns over high energy prices and ongoing geopolitical conflicts, especially involving Iran, have led to a sell-off in long-term government bonds, pushing the US 10-year Treasury yield close to 4.6%. This rise increases borrowing costs for consume...
Amazon ends support for older Kindles, prompting many users to jailbreak their devices.
Amazon will stop technical support for several older Kindle models on May 20, limiting their use to only reading already downloaded content. In response, many users are jailbreaking their devices to bypass Amazon's software restrictions and add new f...
Market shifts to no more Fed rate cuts as bond yields rise and equity valuations become stretched.
The market has shifted its view, now expecting no further Federal Reserve rate cuts this year. Bond traders are pricing in a more pessimistic outlook than rate traders, with the 20-year Treasury yield rising to 5.14%. Meanwhile, equity valuations are...
Fidelity's multifactor ETF offers steadier emerging market gains by avoiding index concentration risks.
Fidelity Emerging Markets Multifactor ETF (FDEM) uses value, quality, momentum, and low volatility factors to diversify emerging market investments and reduce correlation with U.S. stocks. While it trails plain index funds like iShares MSCI Emerging ...