Financial News

See details of GVSU’s $166M project to build Blue Dot technology hub

See details of two $166 million project plans to build a new Blue Dot technology hub in downtown Grand Rapids.

China successfully launches reusable experimental spacecraft

Choose your crisis, Congress: Six paths to fiscal disaster

As the national debt is a few months from reaching $39 trillion, and perhaps $40 trillion by the end of this year, it is puzzling how unperturbed the political class is. Or perhaps not. Writer and political agitator Upton Sinclair...

Anatomy of Delhi death trap: Open killer pit where biker died, big enough to swallow car; multiple safety lapses

A man's fatal plunge into a hazardous pit on Delhi's Joginder Singh Marg casts a glaring light on the deficiencies in safety measures enforced by the Delhi Jal Board. As sewer renovations proceed, the absence of proper barriers, poor illumination, and slick ground conditions have created an unsafe environment.

Bithumb Accidentally Sends 2,000 BTC-Users Instantly Dump the Market

Bithumb mistakenly credited 2,000 BTC to users instead of a small reward, triggering rapid sell-offs and a sharp price drop on the exchange. A reported internal error at South Korea-based crypto exchange Bithumb led to an unexpected market disruption after users received Bitcoin by mistake. Instead of a small rewards payout, the exchange reportedly distributed [...]

Boards of PFC, REC give nod to merger

The boards of Power Finance Corporation (PFC) and REC have given in-principle approval for their merger, aiming to strengthen the public sector NBFC structure. This move follows Finance Minister Nirmala Sitharaman's Budget announcement to restructure these entities for improved efficiency and scale. The combined entity will retain its status as a government company.

Bitcoin Mining Costs Hit Alarming $67.7K in Q3 2025, Creating Critical Sell-Off Risk

BitcoinWorldBitcoin Mining Costs Hit Alarming $67.7K in Q3 2025, Creating Critical Sell-Off RiskNew data reveals a critical juncture for Bitcoin’s infrastructure. According to Marathon Digital Holdings’ Q3 2025 report, the average cost to mine a single Bitcoin reached approximately $67,704. This development creates substantial pressure on network security and market stability. Consequently, industry analysts now warn of potential sell-off risks that could impact the broader cryptocurrency ecosystem. [...]This post Bitcoin Mining Costs Hit Alarming $67.7K in Q3 2025, Creating Critical Sell-Off Risk first appeared on BitcoinWorld.

India and US Forge Path with New Interim Trade Agreement

India and the United States announced a significant breakthrough in trade relations forming a framework for an interim trade agreement that safeguards sensitive agricultural and dairy products in India while reducing US tariffs on Indian goods from 50 to 18

Donald Trump Reacts to Dow Topping 50,000 for First Time Ever

President Donald Trump spoke out after the U.S. stock market roared back on Friday, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now.The S&P 500 rising 2% for its biggest gain since May. The Dow Jones Industrial Average...

Tata Steel profits up 9x on improved sales

Tata Steel's Q3FY26 profit soared multifold to Rs 2,730 crore, driven by a 14% surge in domestic delivery volumes, marking a first with over six million tonnes. Despite weak steel prices, increased capacity utilization boosted revenue by 6% to Rs 57,002 crore. Recent import tariffs are expected to further support domestic producers.

Applied Industrial Technologies (NYSE:AIT) VP Warren Hoffner III Sells 4,000 Shares

Applied Industrial Technologies, Inc. (NYSE:AIT – Get Free Report) VP Warren Hoffner III sold 4,000 shares of the stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $288.62, for a total transaction of $1,154,480.00. Following the completion of the sale, the vice president owned 52,751 shares in [...]

The Crypto.com guy bought AI.com (and a Super Bowl ad)

Kris Marszalek, CEO and co-founder of crypto and stock trading platform Crypto.com, has bought an expensive website. In this case it's AI.com, valued at one point at $100 million, which will serve as the online home for his new company of the same name. The website launch is being paired with a Super Bowl ad that will air this Sunday.AI.com's main offering is an AI agent that "operates on the user’s behalf — organizing work, sending messages, executing actions across apps, building projects, and more." It's a similar concept to what companies like OpenAI, Anthropic and Google are promising with their own agents and agentic features, and notably lacking in hard details. Users can make multiple agents with AI.com and have them do a variety of tasks — the company's press release mentions trading stocks and updating a dating profile, for example — while remaining permission-based and private. It's not clear if AI.com is offering its own AI models or licensing those offered by other companies, but clearly whatever it offers, both for free and via a planned paid subscription, will be flexible.Like Crypto.com's big push into the mainstream during late 2021 and early 2022, AI.com is arriving at a particularly hype-filled time in the AI industry. Anthropic's Claude Code and Claude Cowork tools have been taken up as evidence that AI might actually make people more productive, so AI.com's decision to push an agent of its own is timely. Of course, after Crypto.com's big Matt Damon ad in 2021, and Super Bowl ad in 2022, Bitcoin prices hit an all-time low in June 2022. Ironically, Marszalek's AI.com is also launching during a particularly nasty "crypto winter" which has lowered the price of Bitcoin to under $66,000, a steep drop from the $127,000 it cost in October 2025. That's not to suggest the AI.com CEO is a groundhog for deflating hype balloons. More likely, it's a sign that the future of AI could be as unpredictable and volatile as cryptocurrency. This article originally appeared on Engadget at https://www.engadget.com/ai/the-cryptocom-guy-bought-aicom-and-a-super-bowl-ad-234325394.html?src=rss