CNBC host Jim Cramer has warned that retail trading behemoth Robinhood is still plagued by its reputation as a haven for dopamine-fueled speculation. The critical commentary arrives on the heels of the company’s stock tumbling by roughly 8% following the company’s disappointing Q1 report, which showed a rather dramatic plunge in revenue. “Gunslingers all over
Amazon, Alphabet, Microsoft, and Meta all report Q1 2026 AI earnings after the close on April 29, with crypto traders tracking whether their combined $600 billion in planned 2026 AI capital expenditure is translating into commensurate revenue and cloud growth. AI earnings season reaches its most concentrated single session on April 29 when Amazon, Alphabet,
The shares of Twenty One Capital (XXI), the bitcoin-focused firm, are up over 8% in after-hours trading on Wednesday, after majority shareholder Tether Investments proposed a merger with Strike and Elektron Energy. Tether Investment, the independent investment arm of the stablecoin issuer, said it intends to vote its shares in favor of combining XXI with
SoFi Technologies reported strong first-quarter results, with profit and revenue surpassing expectations, but its shares fell sharply after the company issued a slightly weaker-than-expected outlook for the current quarter. The financial services firm said it expects adjusted revenue growth of around 30% in the second quarter, just below analyst estimates of 31%. The cautious guidance
Blockchain gaming network Ronin ($RON) will migrate to an Ethereum Layer 2 solution on May 12. The project announced this transition on its official X account. It launched in 2021 as an independent sidechain. This move aimed to meet the high-speed demands of Axie Infinity (AXS). The decision now comes from the maturation of the
EMURGO, one of the founding organizations behind the Cardano blockchain, announced today, April 29, 2026, on social media platform X (formerly known as Twitter) that it has officially taken over Ctrl Wallet, a well-known multichain crypto wallet. This move indicates that the current focus of founding organizations is towards making crypto easier and more connected
Italy’s tax authority has updated its public calls section, and the move highlights how blockchain is entering routine government workflows. What the update means The Italian Revenue Agency confirmed yesterday that it will use the technology to protect the security and immutability of data in public selection processes. However, the step is also part of
Through Proposed Mergers to Drive Long-term Value 29 April 2026 – Tether Investments, S.A. de C.V. (“Tether Investments”), today announced its proposals for the next phase of Twenty-One Capital’s (XXI) journey through a series of proposed transactions aimed at strengthening XXI’s structure, capital allocation, and long-term trajectory. As part of this initiative, Tether Investments intends
Four of the Magnificent Seven (Mag 7) tech giants are still on track to meet their massive artificial intelligence (AI) spending targets this year, according to their earnings report. The companies that have reported quarterly earnings post-market on Wednesday are Microsoft (MSFT), Alphabet (GOOG), Meta (META) and Amazon (AMZ), with a combined market cap of
A new report from the global consulting firm Bain & Company, one-third of the big three consulting firms with McKinsey & Company and Boston Consulting Group (BCG), has named stablecoins as central to the future of wholesale banking. Bain & Company published the report on April 29, arguing that stablecoins and tokenized deposits are no