Schwab Crypto ETF Adds AI Label, Trump Media Climbs to No. 2

Schwab renamed its crypto stock ETF on July 28. The new name points to the software that picks the holdings. That software’s second-largest pick was Trump Media & Technology Group. The ticker stayed STCE, while the fee stayed at 0.30%, but the fund’s new legal filing added something the old one lacked. People now double-check […]

Core Scientific lost 56% on Bitcoin mining but $80M in profit from its pivot to AI hosting

Core Scientific, a longtime Bitcoin miner now converting sites for AI computing, reported a negative 56% self-mining gross margin in the second quarter as its colocation business generated sharply higher profit. The company’s Q2 results show self-mining generated $21.5 million of revenue against $33.7 million of cost of revenue. That left a $12.2 million segment […]

$40 Trillion Debt Warning: Doug Casey Sees Greater Depression Risk for US Economy

Doug Casey warned that rising debt costs, prolonged geopolitical conflict and sweeping technological disruption are pushing the global financial system toward an increasingly unstable period. Doug Casey, the best-selling author of “Crisis Investing,” spoke with host David Lin on The David Lin Report, or TDLR, about U.S. debt, commodity prices, military technology, artificial intelligence (AI), […]

Governments Can’t Stop Bitcoin, Says Michael Saylor

In a recent tweet, Michael Saylor highlighted the influence that governments have over Bitcoin adoption. He stated that while governments can accelerate or delay Bitcoin’s growth, they cannot stop it altogether. This perspective underscores the ongoing debate about regulatory impacts on cryptocurrency and suggests that Bitcoin’s resilience will continue to grow regardless of governmental actions. […]