Bitcoin rally boosts Tesla’s 2024 Q4 net income by $600 million
Tesla’s Bitcoin investment played a key role in its fourth-quarter performance, accounting for $600 million (or 26%) of its GAAP net income of $2.3 billion.
The gain came as the company adopted new ...
New Data: How Credit Unions Can Own the Back Half of the Decade
Credit unions (CUs) face a critical question: How can they remain top of mind for current members while attracting new ones, especially when younger consumers expect a high level of digital sophistica...
Bitwise Files for Spot Dogecoin ETF as Market Optimism Grows
The contest to secure a position in the Dogecoin Exchange-Traded Fund (ETF) is intensifying, as Bitwise has now come into the fray and filed for regulatory approval.
Clearly, a number of financial ins...
X partners with Visa: Soon you’ll send money like a tweet
The social media platform X, owned by Elon Musk, is set to launch its first digital wallet in partnership with Visa, marking a significant step towards Musk’s ambition to create an “everything app...
Week in AI: DeepSeek’s Rise Shakes Markets & U.S. AI Dominance
The artificial intelligence industry had a rocky week when DeepSeek, an AI model built in China, sent tremors through the sector by equaling OpenAI’s performance—at a fraction of the price.
This o...
