Bitcoin has dropped over 16% in the past month while the S&P 500 rose 5%, driven by investors favoring AI stocks, commodities, and upcoming IPOs. Charles Schwab's Jim Ferraioli explains Bitcoin's struggle is due to a loss of momentum and competition from other speculative opportunities, not crypto-specific issues. Despite positive developments like ETF approvals and institutional interest, Bitcoin hasn't sparked the same speculative surge as before. Seasonal trading slowdowns and ongoing capital shifts suggest Bitcoin may face continued pressure unless it regains investor interest.
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
China's $1.39 trillion program to clean up hidden local government debt is succeeding in reducing off-book borrowing but is causing austerity-like effects. Local governments, key drivers of infrastructure spending and economic growth, are cutting bac...
In Q2 2026, top contributors to growth included Taiwan Semiconductor Manufacturing, Alphabet, United Rentals, Apple, and Visa. Alphabet’s Google Search and Cloud segments showed robust revenue growth of 19% and 63%, respectively, boosting operating i...
ARCpoint Inc. announced it will likely miss the July 29, 2026 deadline to file its annual financial statements and related reports due to a lack of funds to pay auditors. The company has applied for a Management Cease Trade Order (MCTO) and awaits ap...
BlackRock reported strong Q2 results with net inflows of $192 billion, pushing assets under management (AUM) to a record $15.3 trillion. The firm's ETF business showed strong momentum, supported by new product launches and inclusion in Trump accounts...
