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Meta reported Q3 revenue of $51.24 billion, up 26% year-over-year
According to Meta’s third-quarter earnings released Wednesday after the Closing Bell, the company generated $51.24 billion in revenue for the 3rd quarter, seeing a 26% surge from last year’s $40.59 billion. Operating income rose to $20.53 billion, up 18% from $17.35 billion in the same period a year ago. But despite the revenue surge, the […]Cryptopolitan
วันพุธที่ 29 ต.ค.
Credit traders have been pricing in the possibility of Oracle defaulting on its debt
Credit traders have been ramping up purchases of credit default swaps (CDS) on Oracle ($ORCL) as a hedge against potential default risks. The hedgers have been encouraged by JPMorgan analysts and the company’s aggressive borrowing to fund its AI infrastructure expansion, especially now that it has been revealed that the cost of insuring Oracle’s debt […]Cryptopolitan
วันพุธที่ 29 ต.ค.
Best Crypto to Buy as XRP Hits $26.9B in CME Futures Trading Amid Soaring Institutional Demand
Ripple (XRP) institutional demand is ablaze, with $26.9 billion in CME futures trading being a massive leap of faith in one of the sector’s brightest stars. As investors look for the best crypto to buy with this capital infusion, new and potential projects with such growth prospects are also brought into focus. One such project […]Cryptopolitan
วันพุธที่ 29 ต.ค.
Thai police have arrested the individual behind the September 14 Yala exploit in Bangkok
Thai police have arrested the perpetrator of the September 14 Yala hack, which resulted in the unauthorized withdrawal of funds from user accounts. Victims of the Yala hack have reportedly received justice on both fronts, with Thai police apprehending the suspect and also recovering the stolen funds. Suspect arrested in Bangkok after September cyberattack Thai […]Cryptopolitan
วันพุธที่ 29 ต.ค.
Cameo has sued OpenAI for trademark infringement over using "cameo" as a feature name in the Sora video app
The celebrity video service Cameo has filed a lawsuit against OpenAI, claiming the artificial intelligence company stole its name for a new feature in the Sora video app. Cameo brought the trademark lawsuit to a California federal court on Tuesday. The company says OpenAI’s decision to call its feature “cameo” will hurt Cameo’s reputation by […]Cryptopolitan
วันพุธที่ 29 ต.ค.
Ex-FTX exec moves to launch crypto-style perpetual futures for traditional assets
Former FTX US president Brett Harrison is making a comeback, and this time around, he is planning on introducing perpetual futures contracts, also known as “perps,” one of crypto’s most volatile trading instruments, into the world of traditional finance. He’s doing this through his software startup, Architect Financial Technologies. Architect’s new exchange, known as AX, […]Cryptopolitan
วันพุธที่ 29 ต.ค.
Mutuum Finance (MUTM) Named Best Crypto to Invest in, Presale Stage 6 Approaches Completion With $18M Raised
While the crypto market is on fire, Mutuum Finance (MUTM) is becoming one of the most popular cryptos to invest in 2025. Mutuum Finance’s own Phase 6 presale already managed to bring in $18.15 million, more than 80% of tokens in this round sold and a window of opportunity quickly running out for buyers to […]Cryptopolitan
วันพุธที่ 29 ต.ค.
Germany’s AfD party urges government to recognize Bitcoin as a strategic asset
The Alternative for Germany (AfD) party, a prominent opposition group in the Bundestag, recently submitted a parliamentary motion, urging the government to recognize Bitcoin as a “strategic asset” and not include it in the EU’s Markets in Crypto-Assets (MiCA) regulation. The motion bases its argument on Bitcoin’s merits, which they say fundamentally distinguish it from […]Cryptopolitan
วันพุธที่ 29 ต.ค.
Foxconn to deploy humanoid robots at Houston plant making Nvidia AI servers
Foxconn, the biggest electronics manufacturer in the world, announced Tuesday it plans to bring human-like robots into its Houston facility that makes AI servers for Nvidia. The move marks a major step in bringing advanced automation to American manufacturing floors. The Taiwan-based company said the Texas plant will be one of the first to use […]Cryptopolitan
วันพุธที่ 29 ต.ค.
UniSuper CIO warns China could surpass U.S. tech giants in AI
John Pearce, the Chief Investment Officer at UniSuper, has warned that China could overtake U.S. tech giants in the AI industry. The warning comes as China attempts to wean itself off U.S. technology despite challenges from the complicated relationship between U.S. tech and Chinese industries. The production of cheaper and increasingly capable artificial intelligence (AI) […]Cryptopolitan
วันพุธที่ 29 ต.ค.
Buying This Crypto Today Is Like Being a Shiba Inu (SHIB) Investor in 2021
Remember 2021, when early investors in Shiba Inu (SHIB) turned a couple of dollars into life-changing gains? That very feeling of possibility is now happening with Mutuum Finance (MUTM), a rapidly growing DeFi crypto available for just $0.035 in its Phase 6 presale. With more than 80% of the phase sold and having collectively raised […]Cryptopolitan
วันพุธที่ 29 ต.ค.
General Motors lays off more than 1,700 workers amid EV slowdown
General Motors (GM) confirmed on Wednesday that more than 1,700 workers are being laid off across its manufacturing operations in Michigan and Ohio, according to The Detroit News. The company said the decision was tied to a slowdown in demand for electric vehicles and a change in the policy environment that previously supported those sales. […]Cryptopolitan
วันพุธที่ 29 ต.ค.
Bank of America raises Apple price target to $320 ahead of earnings
Bank of America raised its price target on Apple to $320 ahead of the company’s Thursday earnings release, according to a note from the bank. Analyst Wamsi Mohan reaffirmed his buy rating while moving the previous $270 target to the higher level, which reflects a 19% upside from where the stock is trading right now. […]Cryptopolitan
วันพุธที่ 29 ต.ค.
Sam Altman is preparing to take OpenAI public as early as 2027
Sammy Altman is preparing to take OpenAI public by 2027, following a tense back-and-forth with California officials that nearly ended in a lawsuit. The agreement that clears the way for the IPO was finalized Monday evening, according to The Wall Street Journal, and locks in a new corporate structure for OpenAI, keeps the company in […]Cryptopolitan
วันพุธที่ 29 ต.ค.
