Winson Lau has always had contingency plans. Lau relies on water and electricity to operate his thriving export business in Malaysia’s Johor province. The province is on track to have at least 1.6 gigawatts of data centers at any given moment from nearly nothing in 2019, making it the fastest-growing data center market in Southeast Asia, according to a report published in April.
The factors below are strong indications of Bitcoin eventually reaching the milestone, says Matt Hougan from Bitwise Asset Management.
(Bloomberg) -- South Africa’s rand and stocks slumped after lawmakers delayed the presentation of the annual budget, raising concern about the stability of the coalition government that has governed the country since elections in May last year.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsThe delay was due to a dispute among parties over a proposed increase i
Meta shares shares fell on Tuesday for the first time in more than a month, ending a streak that saw the stock climb 20%. Here are the key chart levels to monitor.
Many top cryptocurrencies are down for the year, and a true standout performer has yet to emerge. For that reason, you'll need to be more selective in picking cryptocurrencies in 2025. Here's why Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) are my top two picks.
As more nimble nonbanks employ a “risk-forward” attitude toward generative AI, the Fed’s outgoing vice chair for supervision called for monitoring how the technology’s introduction alters banking.
OKX wants to operate in the U.S. but chief marketing officer Haider Rafique says the lack of a clear regulatory framework is a major hurdle.
(Bloomberg) -- Investors had pretty much written off Jonathan Ferrari’s fledging meal-delivery company.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisChild Migrant Watchdog Gutted in DOGE CutsPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaHis startup, Goodfood Market Corp., had lost 98% of of its value from a
Renewable energy and infrastructure solutions provider Gibraltar Industries (NASDAQ:ROCK) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 8.1% year on year to $302.1 million. On the other hand, the company’s full-year revenue guidance of $1.43 billion at the midpoint came in 2.2% above analysts’ estimates. Its non-GAAP profit of $1.01 per share was 11.4% above analysts’ consensus estimates.
Online marketplace Etsy (NASDAQ:ETSY) missed Wall Street’s revenue expectations in Q4 CY2024 as sales only rose 1.2% year on year to $852.2 million. Its GAAP profit of $1.03 per share was 9.7% above analysts’ consensus estimates.
