September, 2024

Nike Faces Headwinds: Leadership Change and Revenue Declines Loom Ahead of Earnings Report
As Nike prepares to report earnings for the first quarter of fiscal 2025 Tuesday (Oct. 1), the company faces significant hurdles marked by a leadership transition and shifting market dynamics. Elliott...

CVS Cuts 2900 Jobs Amid Hedge Fund Pressure
CVS Health is reportedly meeting with a top investor on ways to enhance its business. The pharmacy/healthcare chain was set to meet Monday (Sept. 30) with hedge fund Glenview Capital Management, the W...

Meta Says It’s Solving AR Experiences — Who Will Solve AR Payments?
Will consumers one day wear commerce on their faces? Meta, which last week debuted its highly anticipated Orion augmented reality (AR) glasses, appears to think so. Due to advances in technology and...

OpenAI Reportedly Slated for $500 Million SoftBank Investment
Japan’s SoftBank is reportedly planning to invest in OpenAI’s multi-billion dollar funding round. The $500 million investment would come from the bank’s Vision Fund, The Information reported M...

Microsoft’s Omnipresence Catches Eye of German Antitrust Watchdog
Microsoft’s size and scope has gotten the attention of Germany’s antitrust regulator. The Federal Cartel Office announced Monday (Sept. 30) that it was placing the tech giant under closer scrutiny...

ETH Holder Confidence Intact Despite $10 Million Ethereum Foundation Sell-Off
Even though Ethereum’s (ETH) price has not produced the gains that holders would hope for, recent data shows that investors holding the altcoin have remained resilient and optimistic. This could be ...

This Is Why Bitcoin (BTC) May Reach $73,000 In October
Bitcoin (BTC) is showing signs of a potential parabolic rally in October. A combined reading of some on-chain metrics signals that the king coin is poised to move toward the $73,000 price mark. T...

Market Euphoria Could Prompt 15% Downturn in Dogwifhat (WIF) Price
Dogwifhat (WIF), the Solana meme coin, has seen a notable resurgence within the last two weeks. Following the gains, the cryptocurrency experienced an incredible rise in speculative activity. Thi...

Japan’s FSA Reviews Crypto Laws, Eyes Tax Cuts Before Election
The Financial Services Agency (FSA) will conduct a comprehensive review of Japan’s crypto laws, seeking to possibly loosen regulations and even lower capital gains taxes. However, unexpected electio...

Binance to List EigenLayer (EIGEN) Amid Liquid Restaking Boom
Binance, the largest crypto exchange by trading volume, announced plans to list EIGEN, opening trading for a select list of spot trading pairs. EIGEN is the native token for the EigenLayer ecosyste...

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September, 2024

October