Microsoft (MSFT) on Wednesday offered commentary on its earnings call that is a positive read-through to bitcoin miners, Cantor Fitzgerald
On May 22, 2010, a man in Florida spent 10,000 Bitcoin — the current-day equivalent of $1 billion — on pizza. The event, which marked the first digital currency transaction ever made for a physical item,
The U.S. has not formally announced a bitcoin reserve yet. But other countries are addressing their national crypto strategies. Aleš Michl, governor of the Czech National Bank, told the Financial Times he wants to spend billions of the country's euro reserves on bitcoin.
FinTech Magazine rounds up this week's top stories, from Bitcoin's endorsement at Davos to Visa's African fintech partnership with Moniepoint
The Oakville, Ont.-based firm has been under pressure from Starboard Value, its biggest shareholder, and other activist firms to reduce debt and boost earnings, urging it to shed its renewable assets.
The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq Composite ( ^IXIC) was up nearly 0.3%.
Wall Street shrugged off the chaos. Traders who had been panicking just days ago—thanks to the tech meltdown triggered by DeepSeek’s overhyped claims—woke up on Friday with some relief.
The week's investing action plan includes a strong dose of pharma and biotech earnings, January econ reports, plus Amazon and Alphabet.
Toronto-based bitcoin miner Bitfarms has enlisted two consultants to explore how it can transform some of its facilities to meet the growing demand for artificial intelligence data centers, it said on Friday.
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In the 1860s, economist William Stanley Jevons said more efficient coal furnaces simply meant more coal was burned.
Either MicroStrategy’s Michael Saylor is a visionary, or he’s a delusional egomaniac,” Forbes observed in 1998, during the company’s first incarnation as a Wall Street highflyer.