Author: i2wtc

People wait in line for T-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an initial public offering earlier in the day on July 29, 2021 in New York City.Spencer Platt | Getty ImagesIt was a bad day for tech stocks, and a brutal one for fintech.As the Nasdaq suffered its steepest decline since 2022, some of the biggest losers were companies that sit at the intersection of Wall Street and Silicon Valley.Stock trading app Robinhood tumbled 20%, bitcoin holder Strategy fell 17% and crypto exchange Coinbase lost 18%. Much…

Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington.Kent Nishimura | Getty ImagesDelta Air Lines slashed its first-quarter revenue and profit outlooks, citing weaker domestic demand, backing up growing concerns about lackluster sales in some corners of the travel industry.Delta expects revenue in the quarter ending March 31 to rise no more than 5% from last year, down from a forecast in January of 6% to 8% growth. It slashed its adjusted earnings forecast to 30 cents to 50 cents per share from a previous guidance of 70 cents to $1…

Pat Cummins calls out India for selectively choosing where to play, questioning fairness and global cricket integrity. Cricket is a game built on competition, sportsmanship, and the idea that teams should be ready to play anywhere, anytime. But lately, Australian captain Pat Cummins has called out India for what he sees as a troubling trend—choosing when and where they want to play international cricket. His frustration isn’t just about one series or one decision; it’s about the bigger picture of fairness in the sport. India’s Influence on Global Cricket There’s no denying that India is the most powerful cricketing nation…

Visit to Sarajevo comes after Bosnian Serb leaders bar federal judicial authorities and police from Republika Srpska.NATO Secretary-General Mark Rutte has pledged the military alliance’s “unwavering” support for Bosnia and Herzegovina’s federal government after a series of separatist moves from Bosnian Serb leaders. Rutte spoke in Sarajevo on Monday after meeting the three members of Bosnia’s multiethnic presidency shortly after Bosnian Serb lawmakers passed legislation barring federal judicial authorities and police from operating in the autonomous territory of Republika Srpska. The NATO chief said any actions that undermine the Dayton Agreement, which ended the country’s 1992-1995 war, were “unacceptable”. He warned…

White House Senior Advisor Elon Musk walks to the White House after landing in Marine One on the South Lawn with U.S. President Donald Trump (not pictured) on March 9, 2025 in Washington, DC. Samuel Corum | Getty ImagesDOGE chief Elon Musk said Monday that he is running his businesses “with great difficulty,” as shares of his automotive firm Tesla suffered their worst drop in a half-decade, and as his social media company X experienced several outages.Musk also said during an interview on Fox Business that he expected to remain in the Trump administration for another year.Tesla’s stock has fallen every…

Champions Trophy 2025 ends in India’s favor, but the ‘fusion formula’ leaves fans doubting the spirit of the game. India may have lifted the trophy for the second time, but the victory has left a sour taste in the world of cricket, failing to win over fans and leaving a tarnished legacy for the game. Team India played all their five matches in Dubai, though it was agreed by the PCB in the ICC board meetings, but now the independent cricket fraternity has started raising objections to the ‘favored conditions’ Indian Team enjoyed throughout the tournament, while remaining seven competing…

SDF controls much of northeastern Syria, and has held out against control from Damascus for years.Syria says that it has reached an agreement with the Kurdish-led Syrian Democratic Forces to integrate the latter with state institutions. The Syrian presidency made the announcement on Monday and released images of a signing ceremony featuring the Syrian interim President Ahmed al-Sharaa and the head of the SDF, Mazloum Abdi. The agreement emphasised the unity of Syria, and stipulated that “all civil and military institutions in northeastern Syria” be merged “into the administration of the Syrian state, including border crossings, the airport, and oil…

People gather in a protest outside a Tesla dealership in Lisbon against Tesla and SpaceX CEO Elon Musk on March 9, 2025.Patricia De Melo Moreira | Afp | Getty ImagesTesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020.On Friday, Tesla wrapped up a seventh straight week of losses, its longest losing streak since debuting on the Nasdaq in 2010. The stock has fallen every week since CEO Elon Musk went to Washington, D.C., to take on a major role in the second Trump…

United Automobile Workers (UAW) President Shawn Fain speaks on the first day of the Democratic National Convention (DNC) at the United Center in Chicago, Illinois, on August 19, 2024. Mandel Ngan | AFP | Getty ImagesDETROIT — The head of the United Auto Workers has become an unexpected ally for President Donald Trump’s plans for North American tariffs.UAW President Shawn Fain, who was boisterous about his disdain for Trump during the president’s campaign, is openly voicing approval of the tariffs, which include 25% levies on automobiles and supporting parts.”Tariffs are an attempt to stop the bleeding from the hemorrhaging of jobs…

In this photo illustration, a Core Weave logo is displayed on a smartphone with stock market percentages on the background.Omar Marques | SOPA Images | Lightrocket | Getty ImagesCoreWeave, the provider of data center technology and services for artificial intelligence companies, has signed a five-year deal with OpenAI valued at $11.9 billion, according to two people with knowledge of the matter.As part of the deal, OpenAI will receive a stake in CoreWeave worth about $350 million tied to the company’s upcoming IPO, according to the people, who asked not to be named because the information is confidential.Reuters was first to…