Bitcoin's recent pullback below $74,000 has exposed underlying market fragility. A significant surge in BTC transfers to major exchanges from whales, mid-term holders, and miners points to increased selling pressure, while on-chain and derivatives data suggest demand remains insufficient to absorb the liquidity.
Choice Hotels International reinforces its commitment to the lucrative extended-stay segment with the launch of three new Everhome Suites properties, citing resilient demand driven by data center growth and blended travel trends.
Amidst declining consumer confidence, extended warranties are aggressively marketed as financial safety nets. Yet, data and experts like Clark Howard reveal them as statistically poor bets for shoppers, advocating for self-insurance through savings instead.
Amazon is removing its biometric palm payment scanners from all Whole Foods stores by early June, citing limited customer use. The company will delete all stored customer data associated with the service.
Convenience store chain Spinx is deploying Tote AI's integrated platform across all locations, aiming to unify operations, enhance foodservice tech, and modernize point-of-sale systems for deeper data insights and future agility.
Despite raising its full-year guidance and posting strong earnings, sports data giant Sportradar saw a significant institutional investor completely divest its position in Q4, highlighting a divergence between operational performance and market sentiment.
Bloom Energy's stock surged nearly 75% in January, propelled by a landmark agreement with American Electric Power and soaring demand from the data center sector.
Siemens Energy is injecting $64 million into its Painted Post, N.Y., compressor factory, a key piece of a broader $1 billion U.S. investment aimed at meeting soaring electricity demand driven by data centers and AI.
Pfizer reported a Q4 loss driven by steep declines in its COVID-19 vaccine and antiviral sales, while highlighting promising early data for a newly acquired GLP-1 weight-loss therapy as it seeks to diversify its revenue stream.
As Elon Musk's xAI prepares to merge with SpaceX, the hiring of a cryptocurrency quantitative expert points to ambitions beyond Earth-bound AI, aiming to integrate blockchain data and decentralized finance protocols into a future space-based data network.
The number of British homes valued at over £1 million has fallen by nearly 10% since 2022, new data reveals, though select commuter towns are seeing a surge in high-value sales as the return-to-office shift reshapes housing priorities.
European software, data analytics, and advertising shares tumbled on Tuesday as the rapid evolution of AI models, including new legal-focused tools, sparked investor fears over the durability of established business models. The sell-off highlights a dramatic shift in sentiment toward sectors once considered prime AI beneficiaries.
Amazon Web Services warns that multi-year delays in securing power grid connections are jeopardizing its data center investments across Europe, highlighting a critical infrastructure bottleneck for the continent's digital and industrial ambitions.
CNBC's Jim Cramer has placed Palantir Technologies on his radar ahead of its quarterly report, expressing confidence in the data analytics firm's performance and highlighting the combative leadership style of CEO Alex Karp.
Western Digital (NASDAQ:WDC) has drawn significant attention from CNBC's Jim Cramer following strong quarterly results. The data storage giant is set to hold a key analyst meeting this week, with investors watching for updates on its strategic direction in a rapidly evolving memory market.
Palantir Technologies Inc. surged after posting a stronger-than-expected fourth quarter, with CEO Alex Karp framing the results as vindication for the company's controversial path. The performance comes amid a sector-wide selloff and persistent debates over the data analytics firm's valuation and government ties.
Spain's government has unveiled a sweeping plan to prohibit minors under 16 from accessing social media platforms, requiring robust age-verification systems. Prime Minister Pedro Sanchez framed the move as a critical step to shield youth from online harms, aligning with a broader European regulatory push.
Elon Musk consolidates his AI and aerospace ambitions, merging xAI with SpaceX to create a new entity valued at $1.25 trillion. The move signals a massive gamble on the future of orbital data centers and the viability of space-based computing for AI development.
Building on initial success in essential tremor trials, the expanded partnership leverages real-world data to streamline epilepsy studies, aiming to cut development timelines for central nervous system disorders.
The German industrial giant plans to expand manufacturing across five states and open a new Mississippi facility, targeting gas turbine and grid tech production while creating 1,500 jobs, as electricity demand from data centers reshapes the American energy landscape.
