Whirlpool (WHR) sends economic shockwaves with huge warning Shares of Whirlpool Corporation (WHR) collapsed 20% in early trading on Thursday, May 7, 2026, after the appliance maker reported earnings and revenue that missed analyst...
Investors react negatively as Citigroup’s latest return goals underperform analyst expectations for 2024. Citigroup shares fell after the bank’s updated return targets fell short of market expectations. The revised projections disappointed investors who had anticipated str
Spot Bitcoin ETFs hit $108.76 billion in net assets as five weeks of inflows and fading put skew signal institutional demand is back.
The deal marks Kraken’s expansion into stablecoin and payments infrastructure in Asia amid growing crypto adoption. Crypto exchange Kraken will acquire Hong Kong-based Reap Technologies in a $600 million deal to strengthen its stablecoin and payments business in Asia. The
The crypto exchange expands its payments infrastructure with the purchase of Reap, a firm specializing in stablecoin transactions. Cryptocurrency exchange Kraken has agreed to acquire Reap, a stablecoin-focused payments company, in a $600 million deal. The move aims to bol
VanEck’s Matthew Sigel says Bitcoin may reach $1 million in five years, comparing adoption trends to the video game industry’s shift to mainstream use.
SoFi reported $121.6 million in crypto-related revenue for Q1, driven by its stablecoin and Mastercard partnership. SoFi generated $121.6 million in revenue from its crypto relaunch during the first quarter. The majority of the revenue was offset by associated costs, accor
SoFi Technologies reported $121.6 million in crypto-related revenue for Q1, with expenses consuming most of the proceeds. SoFi Technologies generated $121.6 million in revenue from its relaunched cryptocurrency services during the first quarter. The figure reflects renewed
A large transfer of 200 million TRX tokens, valued at 69.4 million USD, raises questions about HTX's wallet activity. HTX transferred 200 million TRX tokens, equivalent to 69.4 million USD, to an unidentified wallet. The transaction marks a significant movement of assets f
Brent crude holds near $100 as ongoing disruption removes 9–10 million barrels per day from global supply. A prolonged disruption in the Strait of Hormuz has removed 9–10 million barrels per day from global oil supply, sustaining upward pressure on prices. Brent cru
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