The launch of President Donald Trump’s meme coin and its meteoric rise to tens of billions of dollars in valuation has generated astonishment unlike anything seen before. read more
Microsoft CEO Satya Nadella reaffirmed Microsoft’s $80 billion annual AI investment in response to Elon Musk’s skepticism about Project Stargate’s $100 billion funding potential, emphasizing the venture’s significance for AI development and U.S. technological ambitions. read more
Warner Bros. Discovery’s CNN is preparing to lay off hundreds of employees this week, reflecting the ongoing digital transformation in the news media landscape. read more
LinkedIn faces a class action lawsuit alleging it violated user privacy by sharing Premium users’ data for AI model training without consent, prompting accusations of policy changes to “cover its tracks.” read more
Bullish trade on AXP’s earnings with a long call butterfly spread. Maximum profit of $810 if price spikes past $340. Maximum risk is debit cost. read more
Cathie Wood, the founder of asset management firm Ark Invest, expressed uncertainty about the utility of President Donald Trump’s coin on Wednesday, adding that her company has avoided memecoin investments. read more
Wall Street personalities and market watchers are closely monitoring coal stocks following unexpected industry dynamics, with Jim Cramer hinting at a potential sector resurgence. read more
Samsung and Google are teaming up to develop augmented reality glasses, aiming to compete with Meta and Apple in the growing AR market, with plans to leverage third-party developers for content and a potential launch by 2026. read more
World Network (WLD) was one of the cryptocurrency market’s biggest gainers on Wednesday amid the hype surrounding OpenAI’s ambitious $500 billion Project Stargate. read more