Key Takeaways Coinbase stock fell 7% in after-hours trading as Q2 adjusted net income came in at just $33M, down from $524M in Q1. Coinbase bought $222M worth of Bitcoin during the quarter, bringing its crypto investment portfolio to $1.8B. Share this article Coinbase reported weaker-than-expected second-quarter results on Thursday, sending its stock down more than 7% in post-market trading, according to Yahoo Finance data. While the company posted $1.4 billion in net income under GAAP, bolstered by gains on crypto and strategic investments, its adjusted net income fell sharply to $33 million, down from $524 million in Q1.The results…
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Apple on Thursday signaled that it’s getting more serious about its plans to catch up in the AI race. “We see AI as one of the most profound technologies of our lifetime. We are embedding it across our devices and platforms and across the company. We are also significantly growing our investments,” CEO Tim Cook said on the Q3 2025 earnings call with investors. “Apple has always been about taking the most advanced technologies and making them easy to use and accessible for everyone, and that’s at the heart of our AI strategy,” he added. Cook expanded on those comments…
AI research lab Anthropic’s AI models are now the top choice for enterprises, surpassing OpenAI. Anthropic now holds 32% of the enterprise LLM market share by usage, according to a report from Menlo Ventures released on Thursday. OpenAI holds the second-largest market share by usage among enterprises with 25%. The figure marks a strong reversal from even just a couple of years ago. Since 2023, OpenAI has seen its market share among enterprises decline sharply, according to the report, as Anthropic’s has steadily risen over the same timeframe. OpenAI held 50% of the enterprise market share by usage just two…
XRP Price Prediction – Support or Breakdown?The $XRP trades for around $3.09 and hovers at $3.00 just above important psychological and technical support. The chart clearly shows weakness, with XRP unable to regain its 9- or 21-day moving average (currently around $3.11-3.13). The candles these days are small, indecisive, and the momentum appears to be declining.XRP/USD 4 -Hours Chart -TradingViewWhat is even more concerning is the relative strength index (RSI), which is trapped in the low level of the 40s. If your XRP falls below the blue line at $3, your next major support will be $2.80, and if it…
It’s a strange glimpse into the human mind: if you filter search results on Google, Bing, and other search engines to only include URLs from the domain “https://chatgpt.com/share,” you can find strangers’ conversations with ChatGPT. Sometimes, these shared conversation links are pretty dull — people ask for help renovating their bathroom, understanding astrophysics, and finding recipe ideas. In another case, one user asks ChatGPT to rewrite their resume for a particular job application (judging by this person’s LinkedIn, which was easy to find based on the details in the chat log, they did not get the job). Someone else is…
Key Takeaways Tether racked up nearly $6 billion in profit in H1 2025. USDT supply surpassed $157 billion after a $13 billion increase during the quarter. Share this article Tether recorded around $4.9 billion in the second quarter of 2025, according to a new attestation report completed by BDO.The issuer of the largest stablecoin by market cap, USDT, made over $3 billion from its core business and another $2.6 billion from Bitcoin and gold gains, raking in $5.7 billion in the first half of 2025.On stablecoin issuance, USDT circulating supply increased to over $157 billion in Q2, up over $13…
At one point, an app called Twitterrific was one of the most popular iPhone apps for browsing Twitter. These days, the company behind that app, and the many apps that followed, is struggling. And AI may partially be to blame. On Wednesday, the company known as the Iconfactory admitted it was at a crossroads and was putting up several of its apps for sale due to a lack of resources. While the announcement positioned the matter as a situation where the Iconfactory’s app catalog had simply grown to include too many apps to keep up with and not enough time…
Quora’s AI platform Poe announced on Thursday that it’s releasing an API that allows developers to easily access different models or bots for their own applications. The API doesn’t require a separate fee. Instead, usage is tracked via Poe’s existing point-based subscription plans, where each model call costs a set number of points. For instance, low-quality image generation through GPT-4o in a 1:1 aspect ratio and 1024×1024 size would cost 328 points. Today, Poe’s plans include the $4.99 per month plan (10 thousand points per day), the $19.99/mo plan (1 million points per month), the $49.99/mo plan (2.5 million points…
Dogecoin prices are currently down more than 70% The highest ever, about $0.74. However, crypto analysts predict that this top meme coin is very likely to reach a new ATH. Based on repeated historical patterns and powerful technical signals, the analysis suggests that Dogecoin is preparing for an important breakout It can open the door to a powerful gathering. Dogecoin Price records new ATHs immediately According to a fresh analysis by cryptography expert Javon Marks, Dogecoin sets the highest ever high It’s “very expensive” in this cycle. Marks outline A compelling case by comparing Dogecoin’s current market structure with historic…
OpenAI said Thursday that it plans to launch Stargate Norway, its first AI data center in Europe, in partnership with British AI cloud infrastructure provider Nscale and Norwegian energy infrastructure firm Aker. Nscale will design and build the site, and it will be a 50/50 joint venture between the two companies. OpenAI will be an “off-taker” in the project, buying capacity from the data center. The announcement comes as Europe races to achieve AI sovereignty and invest in data centers and compute power. Earlier this week, the bloc unveiled details of its multibillion-dollar investment into AI infrastructure, including €10 billion…