On June 9, 2025, in pre-market trading, Robinhood Markets (HOOD) experienced a notable drop of approximately 5–5.7% (to around $70.6–$71.2) after S&P Dow Jones Indices announced that no changes would be made to the S&P 500 components during its quarterly rebalance. 🔍 What Triggered the Decline? 📉 Market Impact Beyond Robinhood 💡 Why No Additions This…
June 9, 2025 – A fresh wave of bullish momentum is rippling through the Bitcoin options market in advance of the latest U.S. CPI release. According to CoinDesk’s morning briefing, traders have been stacking calls, signaling growing optimism for near‑term upside. Over the weekend, Bitcoin briefly reclaimed levels above $107,600 before settling near $106,600—a ~1.2% gain in…
Metaplanet, a once-traditional hotel operator in Japan, saw its stock surge ~15% today after unveiling plans to raise approximately $5.4 billion to boost its Bitcoin holdings to 210,000 BTC by 2027. If achieved, this hoard would represent about 1% of total Bitcoin supply—valued at nearly $22 billion at current prices. The pivot, which began in 2024, also…
🗣️ Jensen Huang (Nvidia CEO) opened London Tech Week alongside UK PM Sir Keir Starmer, declaring the UK has a “Goldilocks” AI ecosystem—rich in talent and private investment, yet severely lacking computer infrastructure: “This is the largest AI ecosystem in the world without its own infrastructure” 💷 Starmer’s announcement: 📊 The challenge ahead: 👁️ The…
June 9, 2025 – Turnkey, a crypto wallet infrastructure startup co-founded by former Coinbase engineers Bryce Ferguson and Jack Kearney, has secured $30 million in Series B funding. Led by Bain Capital Crypto, the round also saw participation from Lightspeed Faction and Galaxy Ventures, marking a strong vote of confidence in the company’s API-driven wallet…
Warner Bros Discovery (WBD) announced today it will separate into two publicly traded companies by mid‑2026: The move aims to sharpen strategic focus, increase flexibility, and maximize shareholder value—mirroring similar industry trends by Comcast and others. The split requires board approval and comes after WBD’s cable revenue declined and debt concerns grew—though shares jumped ~9–10% in…
Less than a year after coming out of retirement, Kelly Ortberg stepped in as CEO of Boeing in August 2024 amid turmoil—deep financial losses, reputational damage, and a fractured corporate culture. Ten months into his mandate, he’s steering the company through a critical transformation: 🔧 Stabilizing finances & boosting production 🤝 Rebuilding trust with regulators,…
Former Australian Prime Minister Kevin Rudd has cautioned that President Donald Trump’s signature dealmaking approach may not effectively influence Chinese President Xi Jinping. Rudd, drawing from his extensive diplomatic experience, emphasized that Trump’s preference for high-stakes, off-the-cuff negotiations could clash with Xi’s methodical and consensus-driven style. He noted that Chinese leaders prioritize stability and face-saving…
In a significant development for the tech industry, Meta Platforms Inc. (NASDAQ: META) shareholders have decisively voted against a proposal urging the company to allocate a portion of its $72 billion cash reserves into Bitcoin. The proposal, introduced by Ethan Peck—a shareholder and employee of the National Center for Public Policy Research—was aimed at exploring…
In the neon-lit heart of Las Vegas, the 2025 Bitcoin Conference unfolded as more than just a gathering of cryptocurrency enthusiasts. It was a spectacle where the worlds of digital finance, political power, and celebrity influence collided. Attendees were treated to a high-octane blend of blockchain innovation and MAGA fervor, featuring industry titans, political figures,…
