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Browsing: Business
Bitcoin slid to a 2024 range after its $126,000 peak in Oct. 2025, while Coinbase and other crypto stocks dropped more than 15% in a week, as volatility jumped.
Oracle plans to raise $45B-$50B in 2026 to expand AI cloud capacity, using equity and bonds. An analyst report cited 20,000-30,000 job cuts in Austin, Texas.
Statistics Canada says November exports fell while imports were steady, widening Canada’s trade deficit after gold shipments to Britain cooled and autos slid too.
Gold and silver plunged after CME margin hikes and stronger dollars, triggering forced liquidations and wiping trillions in notional value across metals markets.
Google’s Project Genie AI prototype jolted video game stocks, sending Unity down 21%, Roblox over 12% and Take-Two about 10% in US trading.
Silver’s sharp fall and gold’s steep drop followed a shift in rate pricing after Donald Trump tapped Kevin Warsh for Fed chair, sending the dollar higher and ETFs lower.
Copper hit a record above $14,000 a ton on the LME after an 11% jump, then slid back as the dollar firmed and metals eased in late Jan.
Trump says U.S. will decertify Canada-made Bombardier jets and may slap 50% tariffs on Canadian aircraft, citing stalled Gulfstream approvals in U.S. market now.
Alphabet expands AI Overviews and AI Mode in Google Search as investors track advertising revenue, cloud profits and capital spending ahead of Feb. 4 Q4 results.
Apple posts $124.3 billion fiscal Q1 2025 revenue, EPS $2.40, as services hit a record $26.3 billion and Mac and iPad sales rise year on year for Dec. quarter.
