Jeremy Grantham, a British billionaire and co-founder of GMO, criticized Bitcoin as a useless speculative asset with no real utility. Speaking on CNBC, he predicted Bitcoin will not crash suddenly but will gradually lose value over decades, eventually becoming irrelevant. Grantham highlighted Bitcoin's failure as a stable store of value and its inability to function as a practical currency. He also condemned its energy-intensive proof-of-work system and said the cryptocurrency ecosystem is based purely on speculation without tangible financial fundamentals.
The 2026 CapitalCIO ORBIE Awards honored leading chief information officers from major organizations like Marriott International and NASA for their outstanding leadership and impact in technology. The event highlighted CIOs driving business transform...
The Fédération Internationale de l'Automobile (FIA) reported its best financial performance in 10 years for fiscal 2025, achieving an operating profit of €6.7 million, a 43% increase from the previous year, and reversing a €24 million loss in 2021. R...
Kyivstar, part of VEON Group, signed a Memorandum of Understanding with Ukraine's Ministry of Economy to develop a sovereign AI-ready data center. This initiative aims to enhance Ukraine's digital infrastructure, secure sensitive data within the coun...
Precision Drilling earns a Strong Buy rating due to its stable EBITDA near C$500 million and a market cap of C$1.01 billion. The company's vertically integrated model and focus on upgrading high-spec rigs help reduce operating costs and support susta...
Precigen has earned a STRONG BUY rating due to the commercial success of its drug PAPZIMEOS, now approved as a first-line therapy for recurrent respiratory papillomatosis (RRP) and covered by major US insurers. The company's AdenoVerse platform suppo...
