Business

In brief Analysts remain upbeat on Strategy (MSTR) despite it reporting a per-share decline of $16.49 in Q1. Bernstein and Benchmark both set price targets of $600 per share or more. MSTR closed up 3.35% on Friday at $394.37 per share. Equity analysts from investment firms Benchmark and Bernstein reiterated their buy ratings and lofty

Key Takeaways eToro plans to launch its US IPO as soon as next week following easing tariff concerns. The company reported $931 million in commission in 2024 up from $639 million the previous year. Share this article eToro may make its US market debut as early as next week, as easing volatility clears the path

In brief -Riot Platforms’ reported mixed earnings results for the first quarter of 2025.  -The company clocked $161.39 million in the quarter, slightly beating analysts’ expectations.  -Riot’s Bitcoin mining revenue jumped to $142.9 million for the period, up from $71.4 million during the same time last year. Riot Platforms posted mixed earnings results for the

In brief Apple has made changes to iOS app developer guidelines following a court ruling this week. Developers can now freely offer external payments methods, as well as enable purchases of NFTs from secondary marketplaces. Some cryptocurrency-related restrictions still apply to iPhone and iPad apps. Fortnite maker Epic Games’ antitrust case against Apple benefited the

Strategy, formerly known as MicroStrategy, reported a decline of $16.49 per common share in the first quarter of 2025—a result of Bitcoin’s price plunge during the span, the leading Bitcoin treasury firm announced Thursday. The Tysons Corner, Virginia-based company recorded a loss of $5.9 billion on its Bitcoin holdings for the period. Strategy said that

In brief Tether notched a profit in excess of $1 billion in Q1 2025, the company said Thursday. That figure marks a notable year-over-year decline from Tether’s Q1 2024 profits of $4.52 billion. The difference is likely accounted for by Bitcoin’s monster rally in Q1 last year. Tether holds the cryptocurrency in reserve. Stablecoin giant

Key Takeaways Morgan Stanley plans to add crypto trading to its E-Trade platform next year. The firm may partner with established crypto firms to facilitate trading of Bitcoin and Ether on E-Trade. Share this article Morgan Stanley, which oversees $1.7 trillion in client assets, is developing a plan to enable trading of Bitcoin and other

Key Takeaways World is expanding its digital identity platform to the US, planning to deploy 7,500 Orbs by year-end. Partnerships with Razer and Tinder will integrate World ID verification for gaming and dating platforms. Share this article World, formerly known as Worldcoin, the digital identity project co-founded by OpenAI CEO Sam Altman and Worldcoin CEO

Key Takeaways Tesla’s board is searching for Elon Musk’s successor amid declining sales. The search is driven by external consultancy and Musk’s reduced focus on day-to-day operations. Share this article Tesla’s board of directors quietly initiated a search for CEO Elon Musk’s successor amid declining sales and profits, reaching out to several executive search firms