Business News
- Maine set to become first state with data center ban
More than a dozen other states are considering similar bans as fears around centers and high energy prices grow.
- Costco shares rise on impressive monthly sales. We still have one big question
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
- Oil rally loses steam after Israel agrees to negotiate with Lebanon
Oil prices were volatile Thursday as the U.S.-Iran ceasefire agreement remained fragile.
- DOJ launches probe into NFL over media rights packages and antitrust concerns
The Department of Justice is raising concerns about the NFL's offerings across various platforms and affordability of consumers.
- Automatic U.S. military draft registration planned by December, filing shows
The proposed timetable for automatic military draft registration came weeks after the U.S. and Israel launched a war against Iran.
- London mayor takes aim at social media companies over disinformation
Research published by City Hall found accounts aligned with extreme right are among those smearing capital online
- London mayor takes aim at social media companies over disinformation
Research published by City Hall found accounts aligned with extreme right are among those smearing capital online
- Disney plans layoffs of as many as 1,000 employees
Disney is planning a new phase of cost cutting, including as many as 1,000 layoffs, under new CEO Josh D'Amaro, according to a person familiar with the matter.
- Meta commits to spending additional $21 billion with CoreWeave as AI costs keep rising
Meta's additional spending commitments with CoreWeave will be deployed from 2027 to 2032.
- The Strait of Hormuz is not open as Iran controls access after ceasefire, UAE oil CEO says
Sultan Ahmed Al Jaber demanded a full reopening of the strait, warning that the oil supply disruption will increase if Iran maintains control of the passage.
Crypto News
- Bitcoin price surfs US PCE inflation as trader keeps $80K BTC price target
Bitcoin avoids major volatility after the first of the week's two key US inflation reports, while a trader sees a "new upwards leg" coming for BTC price action.
- Trader loses $3M as leveraged Fartcoin position unwinds on Hyperliquid
Hyperliquid data showed a 145 million Fartcoin position unwound across wallets, with the platform redistributing about $849,000 in gains to opposing traders.
- Bitcoin Depot discloses $3.7M BTC theft in cybersecurity breach
Bitcoin Depot said a hacker stole 50.9 BTC, worth about $3.7 million, after gaining access to internal systems linked to corporate wallets.
- Gold, silver and oil drive 65,000% jump in commodity perpetuals
BitMEX said commodity perpetual swaps volume jumped from $38.1 million to $25 billion in Q1 as traders flocked to 24/7 gold, silver and oil exposure.
- Bitcoin analysts say this must happen for BTC price to ‘continue rising’
Bitcoin needs to regain momentum with higher trading volumes for BTC to reclaim $80,000 as support and sustain the recovery.
- Bhutan moves a further $23M in Bitcoin as holdings drop by 70%
Bhutan has moved another 319 BTC, taking the total to over 9,000 BTC since late 2024, and trimming its sovereign stash by around 70%.
- Morgan Stanley Bitcoin ETF trails BlackRock with $30M in first-day inflows
Morgan Stanley’s Bitcoin ETF drew $30.6 million in first-day inflows, ranking second behind BlackRock’s IBIT as US spot Bitcoin ETFs clocked net outflows on Wednesday.
- Bithumb launches legal action to recover 7 Bitcoin from payout error
South Korean crypto exchange Bithumb files for a court-approved asset freeze to reclaim 7 BTC remaining from a February payout error.
- Bitcoin tops $72K as $280M in shorts liquidated: Will ‘fragile truce’ hold?
Bitcoin and global markets rallied after the US and Iran announced a ceasefire, but data shows BTC bears have not closed most of their positions yet.
- Bitcoin has 3–5 years to prepare for quantum risk, says Bernstein
Bitcoin faces a future quantum threat, but Bernstein analysts say risks are concentrated in older wallets and exposed keys, and unlikely to cause existential disruption.
General News
- US Democrats warn Trump that Iran ceasefire must apply to Lebanon
Democratic lawmakers tell White House that allowing Israel to continue to bomb Lebanon could reignite the regional war.
- Sidon residents recall horror of Israeli strikes after Iran ceasefire
Residents in Sidon are surveying the destruction after Israeli strikes flattened a religious complex.
- Does a US-Iran ceasefire mean the end of the war?
After a US-Iran ceasefire deal, strikes slow but tensions remain. Will this hold or collapse?
- LA28 Olympics opens ticket sales globally after record local demand
LA28 sold more tickets to the domestic audience than any previous Olympic Games as sales open to rest of the world.
- IMF warns of looming inflation crisis on back of US-Israel war on Iran
The conflict has driven up prices of oil, natural gas, damaged refineries and other energy infrastructure.
- Israel’s Netanyahu ready for talks with Lebanon ‘as soon as possible’
Israeli PM says his gov't ready to enter negotiations on 'disarming Hezbollah' and 'establishing peaceful relations'.
- Humanitarian situation in Sudan at ‘catastrophic levels’, says NGO
Humanity & Inclusion says people with disabilities face extreme challenges amid war and humanitarian crisis.
- What Happens Inside Israel’s Detention System
Human rights groups, UN investigators and Israeli legal organisations say torture of Palestinians is part of a wider sy
- India’s Assam and Kerala states hold legislative assembly elections
Voting also held in the federal territory of Puducherry, while West Bengal and Tamil Nadu will vote later this month.
- Israel bombed Gaza on 36 of the past 40 days while the war raged in Iran
Israel killed 107 people, permitted only 8 percent of medical evacuations, and admitted just 20 percent of trucks.











