MicroStrategy, now called Strategy, has temporarily halted its Bitcoin purchases just before its Q1 2026 earnings report on May 5. This pause follows a volatile quarter where Bitcoin's price dropped over 20%, despite the company buying about 89,600 BTC worth $5.5 billion in Q1. Strategy currently holds 818,334 BTC valued at around $64.44 billion but faces a modest unrealized gain due to the price drop. Investors await the earnings report, expecting revenue of $120 million but a GAAP loss driven by Bitcoin's market value decline, while the company shifts funding from common stock to preferred shares offering an 11.5% dividend.
Perplexity AI CEO Aravind Srinivas shared lessons from Nvidia's Jensen Huang and Tesla's Elon Musk, highlighting Huang's mindset of running Nvidia as if it could fail within 30 days despite its $5 trillion valuation and advanced technology. Srinivas ...
Meta Platforms introduced an AI-powered feature called "AI Mode" within Facebook Search, which uses Meta's AI model Muse Spark to provide answers from public content rather than traditional search results. This innovation could generate over $10 bill...
Cuprina Holdings shares surged 111.84% intraday following FDA 510(k) clearance for its MEDIFLY Maggots wound care product, the first maggot debridement therapy using Lucilia cuprina species approved in the U.S. The product treats non-healing necrotic...
Cortea secured €12 million in funding led by Dawn Capital to develop AI-powered Audit Quality Agents that review audit reports and financial statements, identifying errors and inconsistencies before sign-off. These tools help audit firms improve qual...
Cortea secured €12 million in seed funding led by Dawn Capital to develop AI tools that enhance audit quality without compromising accuracy. Their Audit Quality Agents review audit reports and financial statements to detect inconsistencies and errors...
