Even President Donald Trump’s media company couldn’t escape the Bitcoin bear market. In the second quarter of 2026, Trump Media & Technology Group, the company behind businesses such as Truth Social and prediction market platform Truth Predict, reported a $238 million quarterly loss, according to its most recent quarterly report. More than $190 million came
This as-told-to essay is based on a conversation with David Hatcher, the managing partner of Baringa. It’s been edited for length and clarity. I’ve been a consultant since the late ’90s. I spent most of my career focused on the energy sector, but these days, AI has become a big topic of conversation. I joined
Returns on AI capex have been a looming question for Wall Street investors, but JPMorgan says that elusive AI monetization is a big reason it’s boosting its S&P 500 price target for the year. The bank’s strategists hiked their target for the benchmark index on Monday, as they eye an “increasingly visible” payoff from the
Citrini Research, the market research firm that went viral for its futuristic AI doomsday scenario earlier this year, sees the rise of agentic threats boosting demand for cybersecurity. In a note published on Friday, Citrini shared its bullish thesis on the sector, noting that the rapid rise of AI capabilities means companies have a greater
When Robinhood agreed to buy WonderFi, the company I founded, some of Canada’s loudest voices argued that federal regulators should block the deal. WonderFi, they said, had become a strategic national asset, the crypto equivalent of one of Canada’s Big Five banks, and that it could not be allowed to fall into American hands. I
Overall, the German firm plans to invest approximately €17bn (£14.5bn; $19.6bn) in the US over the next six years “to grow its generation capacity”. Interior Secretary Doug Burgum said in a statement posted on X that Americans deserve an energy system built on common sense and not one dependent on “costly subsidies”. “We welcome RWE’s