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Daily Headlines

Coinbase sued, AI job cuts, EV regulations

Investors sue Coinbase, alleging the unregistered sale of securities. Almost 65,000 job cuts were announced in April, and AI was blamed for the most losses ever, and the U.S. loosened some EV battery rules, potentially making more EVs eligible for tax credits. Monica Malpass has the latest from Nasdaq.

Coinbase earnings, Trump ESG, Block bitcoin

Coinbase reports first-quarter revenue beat after bitcoin rally leads to surge profit. A Trump SEC would aim to reverse climate disclosure rules, up ESG fights, sources say, and Block will take 10% of Bitcoin profits and invest into crypto. Jane King has the latest from Nasdaq.

Google job cuts, Bitcoin ETF, Microsoft renewables

Google lays off hundreds of 'core' employees and moves some positions to India and Mexico. BlackRock Bitcoin ETF sees its first outflow day as BTC prices fall, and Microsoft signs a deal to invest more than $10 billion in renewable energy capacity to power data centers. Jane King has the latest from Nasdaq.

Amazon profits, Binance’s CZ sentenced, ESG disclosures

Amazon profit more than triples, topping Wall Street expectations. Binance Co-founder Changpeng Zhao sentenced to four months in prison, and most companies say they will voluntarily disclose climate data. Jane King has the latest from Nasdaq.

Hong Kong, Bloomberg ESG, Tether Brain Investment

Hong Kong's spot bitcoin, ether ETFs see over $6.3 million in half-day volume upon debut. Bloomberg offers screening tool for ESG investments and Stablecoin issuer Tether invests $200 million in Brain-Computer company. Jane King has the latest from the Nasdaq.

Australia BTC ETF, Bank Closure, Norway ESG

Bitcoin ETFs are headed to Australia. FDIC closes Republic First Bank, first U.S. failure of 2024 and Norway large sovereign wealth fund will continue to invest in ESG. Jane King has the latest from the Nasdaq.

ESG outflows, FBI warning, Pantera raise, “Buy Bitcoin” sign

U.S. fund managers see worst ever ESG outflows. FBI warns Americans against using unregistered crypto money transmitting services. Pantera Capital looks to raise $1 billion for a new crypto fund and the 'Buy Bitcoin' sign behind then-Federal Reserve Chair Yellen sold for $1 million. Jane King with the latest from the Nasdaq.

Samourai wallet, Europe ESG, Walmart FinTech

Founders of Samourai wallet charged with conspiracy to commit money laundering. Money flows to European ESG funds cut in half and Walmart's FinTech has begun offering buy now & pay later loans. Jane King with the latest from the Nasdaq.

Block BTC Mining, Tesla Announcement, Louis Vuitton NFT

Block is building its own bitcoin mining system. Tesla promises 'more affordable' cars, moving further into AI and Louis Vuitton NFTs are back with a 7,900 Euro phigital varsity jacket. Jane King has the latest from the Nasdaq.

Bitcoin prediction, protecting Fink, CRISPR-AI

Bitcoin still headed to $150,000 by year-end despite the recent pullback, says Standard Chartered. BlackRock triples spending on security for CEO Larry Fink due to ESG backlash, and Generative A.I. arrives in gene editing technology CRISPR. Jane King has the latest from Nasdaq.

Energy transition, Bitcoin halving, Stablecoin bill

Green energy transition will cost $4 billion a year by next decade, says BlackRock. Bitcoin halving takes effect, bringing a new era for crypto, and the New Stablecoin Bill faces criticism for stifling innovation and breaching the first amendment. Jane King has the latest from Nasdaq.

Bitcoin halving, Cryptocurrency conviction, Unilever ESG

Bitcoin's big moment happening this weekend. Puerto Rican man convicted in crypto market manipulation and Unilever to scale down ESG plans. Jane King with the latest from the Nasdaq