Technology
Stablecoin issuer Circle applies for a national bank charter
Traders work on the floor at the New York Stock Exchange (NYSE), on the day of Circle Internet Group’s IPO, in New York City, U.S., June 5, 2025. Brendan McDermid | Reuters Stablecoin issuer Circle Internet Group has applied for a national trust bank charter, moving forward on its mission to bring stablecoins into the […]
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Joby Aviation stock pops 14% after delivering first flying taxi to UAE
An electric air taxi by Joby Aviation flies near the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023. Roselle Chen | Reuters Joby Aviation stock soared about 14% as the flying air taxi maker got closer to launching a service in the United Arab Emirates. The electric vertical takeoff and landing, […]
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Robinhood gives out tokens of OpenAI and SpaceX in Europe. Stock hits record
CANNES — Robinhood stock climbed 10% to an all-time high Monday after the company rolled out tokenized shares of OpenAI and SpaceX to users in Europe as part of a larger crypto rollout. It is the company’s first move to make private equity accessible via blockchain. The announcement, which came Monday during the company’s product showcase […]
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Robinhood expands its global push, minutes from crypto chief’s old cramped apartment in Cannes
CANNES — Fifteen years after flipping burgers at a McDonald‘s and teaching himself to code at night in a cramped apartment near the French Riviera, Robinhood crypto chief Johann Kerbrat is back. The last time he lived around Cannes, he was 21 — with no connections, no funding, and no formal business training. But he […]
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Oracle stock jumps after $30 billion annual cloud deal revealed in filing
Oracle CEO Safra Catz speaks at the FII PRIORITY Summit in Miami Beach, Florida, on Feb. 20, 2025. Joe Raedle | Getty Images Oracle shares jumped more than 5% to an all-time high after a recent filing showed a cloud deal that would add more than $30 billion annually. CEO Safra Catz is expected to […]
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Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems
Google on Monday announced a partnership with Commonwealth Fusion Systems, or CFS, a private company spun off from the Massachusetts Institute of Technology, which marks the tech giant‘s first commercial commitment to fusion. The company unveiled plans to buy 200 megawatts of clean fusion power from what CFS describes as the world’s first grid-scale fusion […]
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Wall Street strategist Tom Lee is aiming to create the MicroStrategy of Ethereum
Tom Lee Adam Jeffery | CNBC Fundstrat’s Tom Lee is joining a little known bitcoin miner aiming to become the biggest publicly traded holder of ether. Lee, a high-profile market strategist known for his prescient bitcoin price forecasts and stock predictions, has been appointed chairman of the board of directors of BitMine Immersion Technologies, effective […]
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Trump says he has group of ‘very wealthy people’ ready to buy TikTok
U.S. President Donald Trump announced on April 4 that he would again postpone enforcement of a law banning TikTok unless its Chinese owner ByteDance divests from the platform. Vcg | Visual China Group | Getty Images U.S. President Donald Trump told Fox News in an interview aired on Sunday that he has a group of […]
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Nvidia insiders dump more than $1 billion in stock, according to report
NVIDIA founder and CEO Jensen Huang speaks during the NVIDIA GTC Paris keynote, part of the 9th edition of the VivaTech technology startup and innovation fair, held at the Dôme de Paris in the Porte de Versailles exhibition center in Paris on June 11, 2025. Mustafa Yalcin | Anadolu | Getty Images Insiders at artificial […]
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Tesla’s IPO was 15 years ago. The stock is up almost 300-fold since then
CEO of Tesla Motors Elon Musk waves after ringing the opening bell at the NASDAQ market in celebration of his company’s initial public offering in New York June 29, 2010. Brendan McDermid | Reuters At the time of Tesla’s IPO 15 years ago, the company had generated roughly $150 million in revenue in its lifetime. […]
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