Bitcoin Suisse announced plans to reduce up to 60 of its 120 positions in Switzerland and close its Copenhagen IT development site as part of a shift toward an international financial services model. The company will consolidate software development and back-office functions in hubs outside Switzerland, including Bratislava and a new hub in Vietnam, while keeping wealth management centered in Zug. A staff consultation will run until September 20 to finalize cuts. This move aims to access more talent and focus investment on future products amid growing competition in regulated crypto services.
Several U.S.-listed stocks saw significant drops on Friday, led by the Daily Target 2X Long OKLO ETF (OKLL), which fell 18.38% due to amplified losses in Oklo Inc. shares. CPI Card Group (PMTS) declined 16.48% following a discounted secondary share o...
MKDWELL surged nearly 52% after disclosing its acquisition of Landvision Inc., an AI smart-home company, despite shareholder dilution. ACV Auctions rose over 44% following its $1.9 billion acquisition agreement by Copart, Inc. Frequency Electronics j...
Expedia Group and Booking Holdings, leaders in the global online travel market, reported strong Q2 results with improved efficiency and raised guidance. Expedia offers a more attractive valuation with an 11.8% free cash flow yield and a forward P/E u...
Ethereum has risen from 100th to 61st place among the world's top assets by market capitalization in 2026, reflecting a strong recovery. Its market cap surpassed $300 billion in mid-September, driven by shifts in U.S. inflation data and broader marke...
Cybersecurity stocks have surged over the past six months, with CrowdStrike leading the charge by posting an all-time high net new Annual Recurring Revenue (ARR) of $333 million. The company's AI Detection and Response (AIDR) ARR tripled in just one ...
