Business

Business
Business

Looking ahead to 2026: why hyperscalers can’t slow spending without losing the AI war 

The artificial intelligence revolution has forced a brutal choice upon the world’s biggest cloud providers. Amazon, Microsoft, Google, and Meta have committed an unprecedented $400-plus billion annually to AI infrastructure, a spending surge that has reshaped markets, accelerated semiconductor shortages, and created entirely new vendor dynamics. Yet as 2026 approaches, executives and investors face an

Read More
Business

Trust Wallet just got hacked on Christmas, $7M drained

Trust Wallet has confirmed a hack that led to millions of dollars in user funds being drained. What initially appeared as scattered wallet losses quickly hardened into something far more serious: a confirmed supply-chain compromise of Trust Wallet’s official Chrome browser extension. The Christmas Trust Wallet hack The incident traces back to December 24, 2025,

Read More
Business

Liquidity drain causes Solana-based USX stablecoin to depeg to $0.1

The Solana ecosystem is facing fresh turbulence after USX stablecoin, a synthetic stablecoin issued by Solstice, suffered a sharp but temporary depeg on secondary markets. The incident has reignited concerns around liquidity management, even as the issuer and independent analysts stress that USX’s collateral backing remained intact. Sudden sell pressure rattles secondary markets USX began

Read More
Business

Uniswap community passes UNIfication proposal, 100M UNI set to be burnt

The majority of the Uniswap community has backed a major fee switch proposal, a part of which would see millions of UNI tokens taken out of circulation. According to Uniswap Founder Hayden Adams, the proposal, dubbed “UNIfication,” jointly introduced by Uniswap Labs and the Uniswap Foundation back in November, has officially passed with 99.9% support.

Read More
Business

Can Saudi Arabia really undercut the world on AI with low-cost electricity?

Saudi Arabia’s ambitions in AI have come as a shock to the West. In less than a year, the kingdom has moved from broad statements about diversification to signing multibillion-dollar data centre deals, securing access to advanced chips and outlining a plan to sell AI services cheaper than almost anywhere else on earth. Saudi Arabia

Read More
Business

Best copper stocks to buy as prices continue the bull run

Copper price continued its strong bull run on Friday, reaching its highest point on record in Shanghai and New York. It crossed the important resistance at $14,000 a ton in China, while futures contracts jumped to $5.7 at the Comex. This article explores some of the reasons why copper prices are in a strong bull

Read More
Business

QuantumScape stock price forecast for 2026: Will QS rise or fall?

The QuantumScape stock price has suffered a harsh reversal in the past few days as it plunged by ~40% from its highest point this year. It was trading at $11.20, down from the year-to-date high of $19.  Still, the QS stock is up by 115% this year, bringing its market capitalization to over $6.7 billion.

Read More
Business

Why 2025 was crypto’s year of wins, yet its least satisfying victory

By most conventional measures, 2025 should have been remembered as crypto’s breakthrough year. Regulation finally arrived in force. Institutional capital flowed through regulated channels. Bitcoin printed a new high. Stablecoins crossed multi-trillion-dollar volumes. On-chain markets expanded beyond native tokens into equities and commodities. And yet, as the year closes, the dominant mood is not triumph

Read More
Business

Wall Street close: S&P 500 ends at record high, Dow gains 289 points

Wall Street closed higher for a fifth consecutive session on Wednesday, with the Dow Jones Industrial Average gaining approximately 300 points to reach a fresh record high as investors welcomed weaker-than-expected inflation signals. The S&P 500 also hit an intraday record of 6,937 despite mixed breadth, though technology stocks like Nvidia pulled back sharply as

Read More
Business

Evening digest: Bitcoin drifts as S&P 500 hits record high, Japan seals $3B PE exit

Markets tiptoed into Christmas with records on thin ice. US equities notched fresh highs in a shortened session, Japan saw a landmark private-equity exit under activist pressure, oil rebounded on growth optimism shadowed by geopolitics, and crypto remained stuck in holiday limbo. Precious metals quietly stole the spotlight as uncertainty lingered. Here’s what moved, and

Read More