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Business
Amazon trucking push sends freight carrier stocks lower
Amazon has expanded its trucking service to businesses beyond its own logistics network. The move sent shares of several major freight carriers lower on Wednesday. The company will now offer less-than-truckload shipping to businesses across the United States. Amazon opens…
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Brad Garlinghouse endorses claim that Wall Street is copying XRP
Brad Garlinghouse has endorsed claims that Wall Street firms are increasingly pursuing the same institutional finance strategy that XRP was once criticized for supporting...
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Curve changes DeFi lending model with Llamalend v2 upgrade
Curve Finance has launched Llamalend v2 on Optimism with support for isolated lending markets and non-crvUSD borrowing pairs, opening the first phase of a lending system ...
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Stand With Crypto targets UK banks over crypto transfer curbs
Stand With Crypto UK has launched a campaign against bank-imposed crypto transfer restrictions after a report found that 40% of cryptocurrency transactions in the country...
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SpaceX IPO threatens Bitcoin as analysts warn of capital drain
Bitcoin remained under pressure near $61,750 as analysts warned that the upcoming SpaceX IPO could divert capital away from the crypto market at a time when ETF outflows ...
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Oracle stock falls as AI funding plans overshadow earnings beat
Oracle has reported stronger fiscal fourth-quarter earnings and revenue than analysts expected. The company also raised its full-year profit outlook, while keeping its fi...
Business
Cathie Wood doubles down on crypto stocks during market rout
Cathie Wood has maintained sizable positions in crypto-linked stocks through her flagship ARKK fund even as roughly $3 trillion has been wiped from the S&P 500 since ...