Centralized exchange Gemini recently announced that it parted ways with three senior executives. The leadership changes come amid broader operational cutbacks and workforce reductions. Following the announcement, the company’s shares declined further, extending a downward trend that has persisted since Gemini went public last September. The latest developments have prompted renewed scrutiny over the exchange’s long-term outlook. Executive Shakeup Follows Deep Cuts In a recent blog post, Tyler and Cameron ...

According to Lever Style’s chairman, Stanley Szeto, “Reciprocal tariffs made 2025 the most challenging year for the industry since Covid.” But following a difficult year, the original design manufacturer (ODM) sees its activewear acquisition, asset-light operating model and digitalization efforts powering a return to growth this year. Lever Style—which produces apparel for brands like AllSaints and Skims—reported revenues of $200.2 million in 2025, 10.2 percent lower than the previous year. 2025 also end ...

The semiconductor industry is the beating heart of the artificial intelligence (AI) revolution. Without advanced chips, developers wouldn't be able to constantly improve their models, nor would they be able to serve AI software applications to their customers. Broadcom (NASDAQ: AVGO) has become a top supplier of data center chips and networking equipment for AI workloads, and demand is through the roof. That's why Broadcom stock delivered an eye-popping 49% return last year, outperforming its main rival, N ...

A wave of larger tax refunds is starting to land in U.S. bank accounts. Some strategists believe that cash could find its way into risk assets at a fragile moment for markets. Treasury Secretary Scott Bessent said on Feb. 13, “The average tax refund is 22% higher so far this season.” The larger refunds follow President Donald Trump signing the “One Big Beautiful Bill” into law in July 2025. The legislation extended and expanded several tax cuts, with the White House promoting the 2026 filing season as ...

Billionaire tech investor Peter Thiel exited his 7.5% stake in Ethereum treasury firm ETHZilla during Q4 2025, according to new filings with the SEC.  Thiel's exit comes amid plunging prices for shares of ETHZ, now down about 98% since last year’s peak, per data from Yahoo Finance that factors in a 1-for-10 stock split executed in October. ETHZilla shares peaked at an effective price of $174.60 last August following news that Thiel had created a position in ETHZilla across his various Founders Fund entitie ...

US stocks edged higher on Wednesday as AI fears waned and investors digested the release of the Federal Reserve minutes. The S&P 500 (^GSPC) added 0.6%, while the tech-heavy Nasdaq Composite (^IXIC) picked up 0.8%. The Dow Jones Industrial Average (^DJI), which is less exposed to tech, moved up 0.3% after the major US gauges closed Tuesday with modest gains. Technology stocks were recovering composure after a turbulent stretch that saw software names in particular take a bruising. But while the pressure ...

Mortgage rates fell again this week, with the 30-year fixed rate averaging 6.09%, down from 6.16% last week, according to Bankrate’s latest lender survey. Current mortgage rates Loan type Current 4 weeks ago One year ago 52-week average 52-week low 30-year 6.09% 6.25% 7.00% 6.55% 6.09% 15-year 5.47% 5.53% 6.24% 5.77% 5.47% 30-year jumbo 6.27% 6.41% 7.04% 6.62% 6.27% The 30-year fixed mortgages in this week’s survey had an average total of 0.36 discount and ...

Fiserv (NASDAQ: FISV) is one of the world's leading players in payments technology, but its stock has been absolutely crushed recently after the company missed some important goalposts. The stock is trading down 74% over the past year, but there are signs it might be moving back up from rock bottom. Let's see what's happening, why the market is down on Fiserv stock, and what I'll be looking for to see if it can bounce back and beat the market. Where to invest $1,000 right now? Our analyst team just reveal ...

On February 17, 2026, Cantor Fitzgerald, L. P. disclosed in an SEC filing a buy of IREN (NASDAQ:IREN). What happened According to a filing with the U.S. Securities and Exchange Commission dated February 17, 2026, Cantor Fitzgerald, L. P. acquired 3,333,423 additional shares of IREN. The estimated transaction value is $171.96 million, calculated using the average closing price for the quarter. The quarter-end value of the IREN position increased by $124.65 million, reflecting both new purchases and price ...

What happened According to its SEC filing dated February 17, 2026, a16z Capital Management, L.L.C. established a new position in Navan (NASDAQ:NAVN) by acquiring roughly 27 million shares during the fourth quarter. The estimated transaction value is $464.50 million, calculated using the average share price over the quarter. The quarter-end value of the stake also stood at $464.50 million, reflecting the addition of the new position. What else to know This is a new position for the fund, representing 29. ...