As Block’s stock plummets more than 30% this year, the company’s pursuit of larger lending operations may seem desperate. The approval from the Federal Deposit Insurance Corporation (FDIC) to enable loans through Square Financial Services is positioned as a savvy move, but I argue that it reveals a troubling trend. With revenue growth decelerating and
Enterprise
In an age where financial transparency and ethical governance should be non-negotiable, David Sacks, the so-called crypto czar under the Trump administration, has found himself at the center of controversy. Recently revealed documents disclose that Sacks sold over a staggering $200 million in digital asset investments just before taking on his governmental role. While Sacks
In an impressive uptick of over 14%, DocuSign’s stock has rekindled interest from investors after a robust earnings report that surpassed expectations. CEO Allan Thygesen’s assertion that the company has “stabilized” and is turning a corner is compelling but merits scrutiny. While a single strong quarter can elevate stock prices, it is imperative to delve
In a tech landscape that often resorts to cryptic alphanumeric codes for product names, Nvidia stands out by honoring human genius through its naming conventions. Each architecture has been named after notable female scientists, and the latest is Vera Rubin, an illustrious American astronomer whose pioneering work on dark matter has reshaped our understanding of
In a landscape where the digital currency arena continues its relentless evolution, MoonPay’s advancements are nothing short of audacious. The company’s recent acquisition of Iron—a forward-thinking startup specializing in API-first stablecoin infrastructure—is a clear indicator of MoonPay’s intent to seize control of the enterprise transaction market. Unlike other cryptocurrency platforms that merely dabble in user-friendly
Tesla’s stock has had an unpredictable journey lately, experiencing a staggering 15.4% drop—its worst decline since September 2020—earlier this week. Following a brief recovery, the stock saw a modest increase, rising by 8% in early trading. Yet these fluctuations raise doubts about the strength of Tesla’s market position. A company that once soared under the
In a mere two months, Nvidia has become a paradigm of volatility in the tech market, witnessing nearly a third of its value vanish after reaching record-breaking highs. The company’s share price, which soared to an astonishing $153.13 in early January, has recently plummeted, reflecting a sector-wide malaise that could have long-term repercussions. It’s alarming
The recent plunge in tech stocks, particularly in the fintech sector, has been nothing short of alarming. As the Nasdaq faced its most significant drop since 2022, the pain was most acutely felt by companies straddling the line between Wall Street and Silicon Valley. Robinhood’s staggering 20% fall, along with Strategy’s 17% dip and Coinbase’s
As we wade deeper into the generative AI revolution, Wall Street’s herculean expectations for chipmakers are nothing short of alarming. The recent tumult surrounding Marvell Technology—whose shares nosedived 20%—serves as a striking cautionary tale. Investors had eagerly pushed shares up 83% in 2024 alone, but when Marvell’s earnings report didn’t meet their sky-high forecasts, the
The recent executive order signed by former President Donald Trump, creating a Strategic Bitcoin Reserve, represents a bold and audacious deviation from traditional monetary policy. This move doesn’t merely add a digital asset to the U.S. financial repertoire; it redefines the entire approach to national assets in the digital age. With around 200,000 bitcoins under