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SEC’s ‘Crypto Mom’ to join law school, signaling end of time at regulator
Hester Peirce will become an associate professor at a Virginia law school some 18 months after her term at the SEC expired, leaving another empty seat in the agency’s leadership.
Elon Musk’s SpaceX held 18,712 bitcoin at fair value of $1.29 billion at end of Q1, IPO filing shows
The rocket and satellite company is looking to go public at a valuation of more than $1.5 trillion.
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US Treasuries Rebound on Optimism for US-Iran Deal Progress
Treasuries surged on investor optimism that the US and Iran were working toward a deal that could ease a rise in global energy prices that has fanned fears around inflation.
Bound for Mars, Elon Musk’s SpaceX unveils filing for blockbuster IPO
SpaceX has filed for its initial public offering. The company aims for a trillion-dollar market debut. This listing could set a precedent for future IPOs from major tech firms. SpaceX’s valuation could reach $1.75 trillion.
Nvidia posts record $81.6 billion quarterly revenue on AI spending boom
Chip giant Nvidia on Wednesday posted record quarterly revenue of $81.6 billion, blowing past Wall Street forecasts as insatiable demand for its artificial intelligence hardware powered another blockbuster quarter. The results for the first quarter of fiscal 2027, ending April 26, marked an 85 percent jump from the same period a year ago and a 20 percent rise from the prior quarter, underscoring Nvidia’s status as the primary beneficiary of a global AI infrastructure buildout. arp/sms
Nvidia posts record $81.6 billion quarterly revenue on AI spending boom
Chip giant Nvidia on Wednesday posted record quarterly revenue of $81.6 billion, blowing past Wall Street forecasts as insatiable demand for its artificial intelligence hardware powered another blockbuster quarter.
US stocks today: Dow soars 600 pts, Nasdaq 1.5% as chip stocks rally eyeing Nvidia results, Iran peace deal hopes
Wall Street indexes jumped over 1% led by tech and semiconductor rally ahead of Nvidia earnings. Target fell on weak outlook. Airlines gained as oil dropped. Fed minutes signaled possible rate hike debate. Nasdaq S&P Dow Jones rose strongly as AI optimism offset inflation and geopolitical concerns sentiment rises
TCS CEO Krithivasan earns over ₹28 crore in FY26, still behind top IT CEOs: Here’s what his peers got
TCS CEO K Krithivasan earned over ₹28 crore in FY26, up 6.3%, driven mainly by performance-linked pay. His compensation is about 333 times the median employee salary. Compared to peers, he ranks mid-tier among IT CEOs, with industry-wide executive pay and inequality continuing to rise.
Crypto Market News
Price predictions 5/20: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, ZEC, BCH
Bitcoin looks on track for a rally toward $80,000 while HYPE, ZEC and a handful of altcoins are pushing toward their range highs.
Fairshake PAC’s $20M backing pays off in three US state primaries
Five Republicans and one Democrat won or went to runoffs following primaries in Georgia, Alabama and Kentucky after a crypto-backed PAC and its affiliates spent a combined $20 million on media and ads.
Tether buys SoftBank’s stake in Bitcoin company Twenty One Capital
The stablecoin issuer bought SoftBank’s 26% stake, expanding its control over the public Bitcoin holder as it moves into lending, mining and capital markets.