Microsoft’s gaming revenue is down $1.12 billion through the past nine months.
Category: Business
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TON springs on news Telegram will act as a “driving force” for the network
Telegram CEO Pavel Durov said Telegram will become the largest validator for The Open Network and replace the TON Foundation.
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FactSet and S&P Global fall after Anthropic releases financial services agents
This isn’t the first time Anthropic has threatened this industry.
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Big publishers sue Meta over AI training
Publishers including Elsevier, Cengage, Hachette, Macmillan, and McGraw Hill sued Meta in a Manhattan federal court on Tuesday.
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Hertz climbs on announcement it’s expanding its car sales to eBay
Hertz shares were up more than 4% on Tuesday morning.
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Sterling Infrastructure spikes as management hikes profit guidance by 42% on data center building boom
The CEO is looking at “multi-thousand acre” data center projects going forward.
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Bitcoin passes $81,000 as optimism builds
One expert said “these levels could represent the critical ‘demarcation line’ between bull and bear market.”
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Bullish soars on $4.2 billion deal to acquire transfer agent Equiniti
The agreement to acquire one of the largest transfer agents reflects Bullish’s latest effort to develop its tokenized securities infrastructure.
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PayPal tumbles as management warns of weak 2026 trends, says turnaround plan will take “a few months” to define
The numbers were fine; the comments weren’t.
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Coinbase CEO: Company cutting 14% of employees
Armstrong said he is “rebuilding Coinbase as an intelligence, with humans around the edge aligning it.”
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Cummins jumps after power systems division delivers record results, management boosts full-year outlook
The engine company is carving out a role in the AI boom as data centers devour power.
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Frontier sinks as high fuel costs dampen record Q1 revenue, weigh on Q2 earnings guidance
Frontier reported its first-quarter earnings before markets opened Tuesday, just days after rival Spirit shut down.