Bitcoin ETFs Lose $1.6B in January as Institutional Exit Precedes $75K Crash
NEW YORK — Bitcoin spot exchange-traded funds recorded cumulative outflows exceeding $1.6 billion throughout January 2026, data examined by this newsroom shows, with institutional withdrawals accelerating in the final...
Nvidia Buys $2B CoreWeave Stake Amid Circular Financing Concerns
NEW YORK — Nvidia purchased $2 billion in CoreWeave shares at $87.20 each on...
China Launches World’s Largest 600 MW Compressed-Air Energy Storage Plant
HUAI'AN, China — China activated the world's largest compressed-air energy storage facility on January...
Bessent Rules Out Dollar-Yen Intervention as Currency Drops 1.6%
WASHINGTON — U.S. Treasury Secretary Scott Bessent stated Wednesday the United States is "absolutely not" intervening in...
SpaceX Plans Mid-June IPO Timed to Planetary Alignment and Musk’s Birthday
SAN FRANCISCO — Elon Musk's SpaceX is weighing a mid-June initial public offering timed to coincide...
Bitcoin ETFs Lose $1.6B in January as Institutional Exit Precedes $75K Crash
NEW YORK — Bitcoin spot exchange-traded funds recorded cumulative outflows exceeding $1.6 billion throughout January 2026, data examined by this newsroom shows, with institutional...
Nvidia Buys $2B CoreWeave Stake Amid Circular Financing Concerns
NEW YORK — Nvidia purchased $2 billion in CoreWeave shares at $87.20 each on January 23, disclosed Monday, acquiring approximately 10% ownership in the...
China Launches World’s Largest 600 MW Compressed-Air Energy Storage Plant
HUAI'AN, China — China activated the world's largest compressed-air energy storage facility on January 26, 2026, in Jiangsu province, with capacity to supply electricity...
Bessent Rules Out Dollar-Yen Intervention as Currency Drops 1.6%
WASHINGTON — U.S. Treasury Secretary Scott Bessent stated Wednesday the United States is "absolutely not" intervening in currency markets to strengthen the Japanese yen, sending the currency tumbling...
SpaceX Plans Mid-June IPO Timed to Planetary Alignment and Musk’s Birthday
SAN FRANCISCO — Elon Musk's SpaceX is weighing a mid-June initial public offering timed to coincide with a rare planetary alignment and the billionaire's 55th birthday,...
India Govt Plans to Broaden Startup Definition to Deep Tech and Cooperatives
NEW DELHI — India's government is considering expanding the official startup definition to include deep-tech ventures and cooperatives, a move announced Wednesday that could widen...
Indonesia Stock Exchange CEO Steps Down After Historic $84 Billion Market Crash
JAKARTA — Iman Rachman, chief executive officer of the Indonesia Stock Exchange (IDX), resigned Friday following a two-day market collapse that erased $84 billion in value, according to statements...
Microsoft Loses $357 Billion in Market Value as AI Spending Spooks Investors
REDMOND, WASHINGTON — Microsoft Corporation lost $357 billion in market capitalization on Thursday, January 29, 2026, marking the second-largest single-day value destruction in U.S. stock market...