Finance

DeepSeek said to tell backers of funding pause after viral posts

DeepSeek has told prospective investors in its second fundraising round that it’s suspending the deal for now, people familiar with the matter said,...

Robinhood’s New Blockchain Has Been a Smash Success. Here’s Why That’s Bearish for Ethereum.

On July 1, Robinhood Markets (HOOD -6.57%) launched the Robinhood Chain, an Ethereum (ETH -1.56%) Layer-2 (L2) blockchain built on Arbitrum's (ARB -2.82%)...

Nearly 150,000 California mail ballots rejected in June primary thanks to late-arriving ballots

Nearly 150,000 California voters had their mail-in ballots rejected for the state’s June primary, a spike from recent elections even as the state attempts to...

Grid to Rack: How Eaton and nVent Electric Are Scaling Revenues Amid the AI Data Center Boom

Both Eaton (ETN -1.69%)and nVent Electric (NVT -2.83%) are direct beneficiaries of the artificial intelligence (AI) data center and global electrification boom. Their...

JPMorgan: Ageing population and deficits two drivers of higher interest rates

In 2025, the IMF reported that, across the globe, companies, households, and countries had amassed $251 trillion in debt. Looking toward the end of...

Why Tesla Stock Crashed Today

Shares of Tesla (TSLA -14.38%) plunged on Thursday after the Elon Musk-led tech titan reported earnings that fell short of investors' expectations. Image source:...