Energy
Perplexity partners with PayPal for in-chat shopping as AI race heats up
Perplexity is extending its bet on chat-powered shopping, aiming to stand out in the crowded generative artificial intelligence market against OpenAI, Anthropic, and Google. The company said on Wednesday that it’s partnering with PayPal to let users make purchases directly in chat. U.S. customers will soon be able to book travel, buy products, and secure […]
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Eric Trump’s American Bitcoin going public in latest crypto move by president’s family
The bitcoin mining company backed by President Donald Trump’s sons, Eric Trump and Donald Trump Jr., is set to go public on the Nasdaq through an all-stock merger with Gryphon Digital Mining. Shares of Gryphon were up more than 300% Monday. The combined company, American Bitcoin, will trade under the ticker symbol “ABTC,” with the […]
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KindlyMD shares skyrocket 600% after merger with Trump crypto advisor David Bailey’s bitcoin investment company
People walk past an advertisement feature Donald Trump with Bitcoin in Hong Kong. May James | Lightrocket | Getty Images Shares of KindlyMD skyrocketed 600% Monday after the healthcare company announced a merger with Nakamoto Holdings, a bitcoin investment company founded by David Bailey, a key cryptocurrency advisor to President Donald Trump. The newly formed […]
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Spain’s unprecedented power outage sparks a blackout blame game over green energy
Employees stand inside a supermarket without lights in Burgos on April 28, 2025, during a massive power cut affecting the entire Iberian peninsula and the south of France. Cesar Manso | Afp | Getty Images A catastrophic power outage affecting much of Spain, Portugal and the south of France has thrust the role of renewables […]
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Saudi oil giant Aramco posts 5% dip in first-quarter profit on weaker crude prices
Members of media chat before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. Hamad I Mohammed | Reuters Saudi Aramco’s first-quarter net profit fell 5% year-on-year amid lower oil prices and production. Net income for the three months to March 31 came in […]
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Trump’s crypto agenda is being threatened by his pursuit of personal profits
U.S. President Donald Trump looks on as he gives remarks outside the West Wing at the White House in Washington, D.C., U.S., May 8, 2025. Kent Nishimura | Reuters President Donald Trump is standing in his own way when it comes to passing crypto legislation. Lawmakers this week rejected the GENIUS Act — a bill […]
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Affirm shares drop 13% on weak forecast, concerns over CEO’s bet on 0% loans
Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Drew Angerer | Getty Images Affirm shares plunged on Friday after the fintech company issued a weak forecast, and investors questioned CEO […]
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The aluminum sector isn’t moving to the U.S. despite tariffs — due to one key reason
HAWESVILLE, KY – May 10 Plant workers drive along an aluminum potline at Century Aluminum Company’s Hawesville plant in Hawesville, Ky. on Wednesday, May 10, 2017. (Photo by Luke Sharrett /For The Washington Post via Getty Images) Aluminum The Washington Post | The Washington Post | Getty Images Sweeping tariffs imposed by U.S. President Donald […]
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Celsius CEO Alex Mashinsky sentenced to 12 years in multi-billion-dollar crypto fraud case
Alex Mashinsky, former chief executive officer of Celsius Network Ltd., arrives at court in New York, US, on Thursday, May 8, 2025. Yuki Iwamura | Bloomberg | Getty Images Alexander Mashinsky, the former CEO of Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of fraud, a […]
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Affirm drops 10% on weaker-than-expected guidance for current quarter
PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada. Vaughn Ridley | Sportsfile | Getty Images Affirm, the provider of buy now, pay later loans, gave a revenue forecast for the current quarter that trailed analysts’ estimates even as profit for […]
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