The four Mag 7 giants reported quarterly results on Wednesday, showing that they are still on track to spend multi-billion on AI. …
Report
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Finance
Discovery Bank Report Reveals 7.8M South Africans Now Invest in Crypto
by shayaanby shayaanA new report by Discovery Bank and Visa highlights a major shift in South Africa’s financial landscape, as cryptocurrency matures from a …
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Smart Contracts
OpenAI Fell Short of Its Own Targets as Compute Costs Piled Up: Report
by shayaanby shayaanIn short OpenAI missed internal targets for both weekly active users and annual revenue for ChatGPT, the Wall Street Journal reported Monday. …
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Scams
OpenAI Is Building Its Own Smartphone Chip With Qualcomm and MediaTek: Report
by shayaanby shayaanIn brief Analyst Ming-Chi Kuo reports OpenAI is co-developing a smartphone chip with Qualcomm and MediaTek, with Luxshare as exclusive manufacturing partner …
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The Fellowship political action committee (PAC), which launched claiming to have more than $100 million from crypto-aligned backers, has reportedly backed out …
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Regulation
US senator urges delay of CLARITY Act Senate markup until May: Report
by shayaanby shayaanA US senator has reportedly urged Senate Banking Chair Tim Scott to delay the markup for the crypto market structure bill until …
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Finance
IMF trims 2026 growth forecast to 3.1% amid Middle East conflict: Report
by shayaanby shayaanThe International Monetary Fund cut its global growth forecast for 2026 to 3.1% in its April update. The new figure is 0.2 …
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Analysis
JPMorgan Chase Abruptly Hikes S&P 500 Target for 2026, Says One Investment Theme Driving Bullish Momentum: Report
by shayaanby shayaanBanking behemoth JPMorgan Chase is raising its year-end forecast for the S&P 500 for two main reasons. The bank’s team of strategists …
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Finance
Critical Report for Bitcoin (BTC) and Altcoins! The Table is Good for Bitcoin and Ethereum (ETH), Bad for XRP and This Altcoin!
by shayaanby shayaanBitcoin ($BTC), which surged on Friday following Iran’s reopening of the Strait of Hormuz, climbed above $78,000. However, this rise was short-lived. …
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In brief Polymarket is reportedly seeking to raise $400 million at a $15 billion valuation in a new funding round. The round …