Japanese investment firm Metaplanet has launched a new venture initiative aimed at supporting the development of Bitcoin infrastructure and startups in Japan, as the country moves toward recognizing Bitcoin as a regulated financial asset in the coming years. The company announced that it has established Metaplanet Ventures K.K., a new venture arm that will fund, […]
Artificial intelligence startup Anthropic is in discussions with private equity firms including Blackstone and Hellman & Friedman about forming a joint venture aimed at expanding the commercial adoption of its technology, according to a report by The Information. The proposed partnership would focus on deploying Anthropic’s AI tools across companies owned or backed by the […]
Global markets opened Thursday under pressure as rising geopolitical tensions in the Middle East sent oil prices surging above $100 a barrel and triggered a sell-off across Asian equities. The spike in energy costs has revived fears of inflation and tighter monetary policy, while fresh trade developments and movements in digital assets added further uncertainty […]
The Nikkei 225 Index slipped by over 2.2% on Thursday morning as the crisis in energy accelerated. The index, which tracks the top companies in Japan, dropped to ¥53,855, down by 10% from the all-time high. Japan stocks crash as crude oil prices surge The Nikkei 225 Index remained on edge as energy prices continued […]
With the US oil prices printing a new high of nearly $120 before retreating this week, Wall Street is on high alert. The escalating US-Iran war has sparked fears that a spike in energy prices will trigger a significant stock market correction or even a full-blown bear market. As investors weigh the risk of a […]
DORAL, Fla. — House Republicans arrived at their yearly policy retreat aiming to craft a 2026 agenda that will help them keep their majority in the upcoming midterms. But they left with few specifics on what more they can do before the election to quell voter angst about higher prices. Speaker Mike Johnson told GOP […]
US stocks closed mixed on Wednesday as investors navigated rising geopolitical tensions and higher Treasury yields. The Dow Jones Industrial Average fell 289 points to 47,417.21, while the S&P 500 slipped 0.08% to 6,775.75. The Nasdaq Composite bucked the broader weakness, edging up 0.08% to 22,716.14, supported by resilience in technology shares. Oil climbs despite […]
Micron stock (NASDAQ: MU) surged nearly 5% on Wednesday as investors digested a fresh round of analyst upgrades. The fresh rally came in the backdrop of the artificial intelligence sector pulling demand in one direction, and the evidence shows that it is not slowing down. Micron’s rally on Wednesday was driven by multiple catalysts, including […]
Sen. Thom Tillis (R-N.C.) on Wednesday suggested that the Justice Department should admit it made a mistake by launching an investigation related to Federal Reserve Chair Jerome Powell. Asked by reporters about a potential off-ramp to his objections to moving any Fed nominees — including President Donald Trump’s pick for chair, Kevin Warsh — until […]
GOP Rep. Kevin Hern announced his campaign Wednesday for an open Senate seat in Oklahoma to replace Sen. Markwayne Mullin, who President Donald Trump tapped to lead the Department of Homeland Security. Hern, who chairs the Republican Policy Committee, is the first high-profile GOP candidate to officially enter the race for Mullin’s seat, which was […]