Coupang (CPNG) shows user and spending recovery in March data, but stock faces pressure from legal battles and regulatory scrutiny post-data breach.
Author: Oli Dale
Oli Dale
Founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More.
South Korea’s FSC requires crypto exchanges to verify balances every five minutes, implement auto-halts, and conduct monthly audits after Bithumb’s error.
Alibaba stock dips as it deploys a massive 10,000-chip AI cluster in Guangdong, advancing China’s domestic AI capabilities and chip self-sufficiency goals.
Morgan Stanley stock rises as the financial giant prepares to launch a spot Bitcoin ETF with ultra-low fees, expanding its crypto market presence.
Nvidia stock rises after SchedMD acquisition announcement. The deal boosts AI infrastructure ambitions but raises open-source neutrality concerns.
Intel stock gains as chip giant joins Elon Musk’s Terafab AI initiative with Tesla, SpaceX, and xAI, boosting foundry turnaround prospects.
Uber stock edges down as AWS partnership expands with Trainium3 chip testing, signaling future AI efficiency gains amid multi-cloud strategy.
The SEC admits past crypto enforcement cases brought no direct investor benefit, shifting focus from volume to fraud prevention and investor harm protection.
Adobe stock experiences modest decline as company launches free AI-powered Student Spaces tools in Acrobat, raising questions about monetization strategy.
Coinbase stock rises after obtaining Australian financial license, enabling expansion into equity trading, derivatives, and payments across the region.