Petros Pharmaceuticals hit an all-time low after a 1-for-25 reverse stock split, drawing bullish retail chatter even as delisting risks and mounting losses weighed on the stock.
El Salvador’s economy minister reiterated the country’s resolve to hoard more Bitcoin (CRYPTO: BTC) Tuesday despite the International Monetary Fund’s requirement to reduce exposure to the leading cryptocurrency.
Mark Zuckerberg predicts that the future of AI will involve multiple specialized tools for different tasks, rather than a "winner takes most" model, as seen in the search engine industry.
President Donald Trump renewed his criticism of the Federal Reserve for holding off on interest rate cuts, though his tone appeared more measured compared to the sharp attacks in recent weeks.
Several analysts have forecast that benchmark crude will remain below $65 per barrel in 2025, a price level at which oil producers are unable to raise production.
White House trade adviser Peter Navarro downplayed the first-quarter GDP contraction, calling it the “best negative print” he’s seen and attributing the dip to a surge in pre-tariff imports rather than underlying economic weakness.
Robinhood Markets Inc. (NASDAQ:HOOD) reported a marked decline in its cryptocurrency revenue in the first quarter as compressed prices hampered trading activity.
President Donald Trump deflects blame for the U.S. economy's 0.3% contraction in the first quarter onto his predecessor, despite clear evidence indicating otherwise.
Meta raised its capex estimate for the year to $64 billion-$72 billion from $60 billion-$65 billion, citing increased data center investments and higher infrastructure hardware costs.
