Bitcoin has dropped more than 16% in the past month, while the S&P 500 gained about 5%. This decline is driven by crypto investors chasing momentum, which has shifted towards AI stocks and upcoming IPOs like those from OpenAI, Anthropic, and SpaceX. A large $1.26 billion sale of BlackRock's bitcoin ETF indicates some investors are exiting near breakeven. Seasonal weakness in summer and strong competition from IPOs add further pressure, with no immediate catalyst to reverse the trend.
CXApp Inc shares surged 72.74% in after-hours trading following its acquisition of EngineRoom, an AI-powered growth intelligence platform. This deal is expected to increase CXApp's annual revenue run rate from $4 million to over $12 million and add a...
The global data center colocation market, valued at $84.5 billion in 2025, is projected to reach $327.3 billion by 2035, expanding at a 14.5% CAGR. Growth is fueled by rising digitalization, demand for edge computing, low latency applications, and go...
Burckhardt Compression reported strong 2025 results with sales around CHF 1.06 billion and an EBIT margin of 13.3%, despite a 31.9% drop in order intake due to global disruptions and a stronger Swiss Franc. The company achieved record operating incom...
Three ultra-luxury real estate projects in Hong Kong and Shanghai achieved record sales despite a challenging market in 2025. A HK$2.2 billion sale for two houses in Deep Water Bay, Hong Kong, set a high price per square foot, driven by architecture ...
Bitcoin dropped below $63,000, marking its weakest level since February, as a deep selloff erased about 16% of its value in a week. Over $1.6 billion in leveraged crypto positions were liquidated, intensifying market pressure amid renewed geopolitica...
