China celebrates a historic achievement with its first two homegrown Fields Medal winners, Wang Hong and Deng Yu. This marks the first time an Asian nation has produced two laureates in a single year, placing China among the top five countries globally to do so.
Alphabet and Tesla reported negative free cash flow and higher capital expenditures due to significant AI investments, despite better-than-expected revenue. This led to an after-market selloff for both companies, signaling potential scrutiny for other tech megacaps reporting soon.
Alphabet and Tesla reported negative free cash flow in recent months, with Alphabet seeing a $5.9bn deficit for the first time in a decade, primarily due to massive investments in AI infrastructure. Tesla also posted a $1.1bn negative FCF, driven by increasing investment costs. Both companies' stocks fell 4% after hours.
Europe's proposed digital euro, an ECB-issued CBDC, aims to bolster monetary sovereignty and reduce reliance on foreign payment providers. However, it faces strong criticism from privacy advocates and some bankers who fear government surveillance, control over spending, and financial instability.
The new all-electric Range Rover GT, touted as 'the most car-like Range Rover ever', raises concerns it might overshadow Jaguar's upcoming Type 01, despite its distinct 'grand tourer' positioning.
Strategy, led by Michael Saylor, sold $263.5 million in common stock last week to expand its cash reserve to $3.225 billion, rather than buying more Bitcoin. This marks a four-week pause in BTC purchases, impacting quarter-to-date performance metrics negatively.
Four Nigerian police officers are accused of extorting 53,000 naira from Musa Aliyu, head of the Independent Corrupt Practices and Other Related Offences Commission, at an illegal checkpoint in Abuja, leading to their arrest and disciplinary proceedings.
Samsung has launched its first branded credit card, the Samsung Galaxy Card, in the United States, in partnership with Barclays. The Visa card offers up to 5% cashback on Samsung purchases, 3% on Samsung Wallet transactions, no annual or foreign transaction fees, and a $200 welcome bonus for new customers.
US gross federal debt reached $39.489 trillion, approaching the $40 trillion mark, which strengthens Bitcoin's fixed-supply argument. Upcoming Treasury borrowing estimates and financing details in early August will influence market yields and the dollar, potentially impacting Bitcoin's price and its ability to hold the $65,000 level.
UK government contractor Mitie has agreed to a £3.1bn cash takeover by private-equity owned rival OCS Group, ending its nearly four decades on the London stock market. The deal, recommended by Mitie's board, offers a 46.8% premium to shareholders.
Bitcoin displayed relative strength, decoupling from traditional markets as AI stocks declined and Treasury yields rose. Despite caution from derivatives traders, BTC broke above $65,000, showing resilience amid tech sector profit-taking and US-Iran geopolitical tensions.
Netflix disclosed in a regulatory filing that it paid $587 million in cash for InterPositive, an AI startup co-founded by actor Ben Affleck. The acquisition, announced in March, aims to leverage AI tools for post-production improvements, with Affleck joining Netflix as a senior advisor.
Grayscale s'apprête à convertir en dollars les récompenses de staking de ses ETF Ethereum (ETHE) et Solana (GSOL) pour les distribuer trimestriellement à ses actionnaires, avec des premiers paiements possibles vers le 7 août. Cette initiative, suite à des amendements déposés auprès de la SEC, vise à offrir un rendement on-chain sous une forme familière aux investisseurs traditionnels.
Federal prosecutors indicted Sioux Falls crypto investor Benjamin Paul Wiener on 29 counts, including wire fraud and money laundering, alleging he defrauded dozens of victims of $20 million through eight entities and concealed funds. He pleaded not guilty, with his trial set for September 15.
Strategy, the largest corporate Bitcoin holder, raised $263.5 million via common stock sales between July 13-19, increasing its cash reserve to $3.225 billion. The company maintained its 843,775 BTC holdings, acquired for $63.69 billion, without any purchases or sales during the period.
Grayscale plans to amend trust agreements for its Ether and Solana staking ETPs by August 7, enabling regular quarterly cash distributions from staking rewards. This aims to make staking yields more accessible to traditional investors while maintaining IRS tax compliance.
South Korea's Samsung Biologics made an all-cash bid of 1.46 billion Swiss francs ($1.8 billion) for Switzerland's PolyPeptide Group. This acquisition, the largest biopharma M&A in South Korea's history, aims to diversify Samsung's portfolio into fast-growing peptide therapeutics, including obesity treatments, and expand its global footprint.
Warren Buffett, longtemps réticent aux valeurs technologiques, a personnellement initié un pari de 31 milliards de dollars de Berkshire Hathaway sur Alphabet. Il admet avoir sous-estimé Google et compare désormais les géants du cloud aux compagnies ferroviaires, voyant dans leurs investissements massifs en IA un modèle capitalistique qu'il comprend.
Grayscale plans to amend its Ethereum and Solana Staking ETF trust agreements to convert staking rewards into cash payouts at least quarterly, starting around August 7. This move aims to provide investors with a clearer, comparable measure of fund performance and aligns with IRS guidelines for grantor trusts.
Denver city paid $3.76 million in damages to Ruby Johnson after police wrongly raided her home in 2022, relying on Apple's Find My app to locate a stolen truck. Detective Gary Staab and Sgt. Gregory Buschy were also sued individually, with a jury disagreeing with police findings of no wrongdoing.
Roobinhood Chain'deki CashCat (CASHCAT) kripto parası, bir yatırımcının 1.6 ETH ile yaptığı alım sonrası 950 kat karla 2.8 milyon dolarlık satış yapmasının ardından son 24 saatte %35'ten fazla düşüş yaşadı. Bu durum, 'içeriden bilgi' iddialarını gündeme getirdi.
The World Cup champions will receive $51 million, an increase from 2022, along with the iconic trophy and new championship rings. FIFA's total spend for the 48 participating teams is $871 million, with all teams receiving at least $12.5 million.
Russians are increasingly using cash, with 1.56tn roubles added to circulation this year, driven by mobile internet shutdowns disrupting card payments and businesses seeking to avoid higher taxes amidst economic slowdown and war funding pressures.
Meta's AI smart glasses, despite privacy safeguards, raise alarming concerns over surveillance, digital sexual abuse, and potential misuse by stalkers or governments, exacerbated by influencer normalization and weak enforcement of safety guidelines.
