Here’s why the Airbnb stock price has crashed and what to expect
Airbnb stock price crashed by over 7% on Wednesday as travel companies plunged after a major policy change by the Donald Trump administration. ABNB plunged to a low of $130,…
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China-linked hackers used Venezuela crisis as lure in US-focused phishing
According to cybersecurity researchers, a Chinese-linked cyberespionage outfit sent Venezuela-themed phishing emails to US government and policy officials in the days following a US operation to depose Venezuelan President Nicolas…
Coca-Cola drops Costa Coffee sale after private equity bids fall short: report
Coca-Cola has abandoned plans to sell its Costa Coffee chain after offers from private equity firms failed to meet expectations, the Financial Times has reported.The US beverage group ended talks…
China’s Zhipu trains AI image model on Huawei Ascend chips amid sanctions
Knowledge Atlas Technology JSC Ltd., better known as Zhipu, announced on Wednesday that its open-source image generation model, GLM-Image, completed training using Huawei Technologies Co.’s Ascend chips. The company described…
Germany’s second-largest bank, DZ Bank, approves Bitcoin and crypto trading
Germany’s second-largest bank, DZ Bank, has taken a decisive step into the digital asset market by approving Bitcoin and cryptocurrency trading.The approval comes after DZ Bank received authorisation under the…
Saudi PIF shifts $12B gaming stakes to Savvy as portfolio gets consolidated
Saudi Arabia’s Public Investment Fund (PIF) is shifting roughly $12 billion worth of listed gaming shares to its subsidiary, Savvy Games Group. The move covers stakes in major companies, including…
Lloyds share price rally accelerates — will this momentum last?
Lloyds share price continued its strong bull run this year, and is now hovering at its highest level since September 2008. It has jumped in the last 12 consecutive months,…
Bitcoin ETFs see over $750M in inflows as BTC breaches $95K
US spot Bitcoin exchange-traded funds recorded their largest daily net inflows in more than three months on Tuesday, signalling a renewed wave of institutional demand as investors move past year-end…
Inside Saks Global’s bankruptcy: luxury slowdown and a debt-heavy acquisition
Saks Global, the parent organisation of the storied American luxury department store chain Saks Fifth Avenue, filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the Southern…
Salesforce stock has imploded: Is it a bargain or a value trap?
Salesforce stock price is stuck in a technical bear market, moving by ~34% from its highest point in 2025. It has continued to underperform the broader market as the S&P…