BitGo Holdings, Inc., a California-based cryptocurrency custody firm, has announced its plans to raise $201 million as it lists in the United States via an initial public offering (IPO). According to details, BitGo targets a valuation of up to $1.96 billion for its US IPO, with the company looking to capitalize on growing institutional interest
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OpenAI and SoftBank announced a joint $1 billion investment in SB Energy on Friday to build and operate a 1.2-gigawatt data centre in Milam County, Texas. On the surface, it reads like yet another megadeal in the booming AI infrastructure arms race. But it signals something more urgent: electricity has become AI’s single largest production
Datadog stock price has suffered a big reversal in the past few months, moving from the key level at $200 in November to the current $130. It has dropped to the lowest level since September. So, what’s next for the DDOG stock after this crash? Wall Street analysts are bullish on the Datadog stock Datadog
The US Senate is set to take up broad digital asset market structure legislation next week, with a vote expected on Thursday, according to Senator Tim Scott. The House bill, known as the Digital Asset Market Clarity Act, has received a Senate counterpart, which they call the Responsible Financial Innovation Act, to create a single
Private sector job creation turned positive in December, though hiring came in slightly below expectations, according to data released Wednesday by payrolls processor ADP. Companies added 41,000 jobs during the month, reversing a revised loss of 29,000 in November and offering a modest boost to confidence in a labour market that softened toward the end
Nvidia CEO Jensen Huang dropped a bombshell at CES 2026: the company’s next-generation Vera Rubin AI platform is already in full production. During his Monday keynote, Huang announced that Rubin, a six-chip, extreme-codesigned system built to slash the costs of training and running AI models, is ready for partners this year. The move signals that
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are currently in the green, having recorded excellent gains over the weekend. The leading cryptocurrencies could rally higher in the near term as the bulls take full control of the market. Financial markets react to the US operations in Venezuela The cryptocurrency market has started the new year
Bitcoin miner Bitfarms is preparing to leave Latin America after agreeing to sell its remaining site in Paraguay, marking a decisive shift in its geographic and operational priorities. The move reflects a broader reassessment of where mining companies deploy capital as they balance volatile crypto prices with rising energy and infrastructure demands. By monetising assets
Luxury goods companies are facing renewed pressure on profitability after a sharp rise in discounting during 2025, as consumers increasingly question the value of high-end products following years of aggressive price increases. Industry data shows that as much as 40% of luxury goods were sold at discounted prices last year, undermining margins across the sector,