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Tag: cuts

Jane Street Cuts Bitcoin Exposure by 71% as Ether Position Rises to M in Q1
Bitcoin

Jane Street Cuts Bitcoin Exposure by 71% as Ether Position Rises to $82M in Q1

Key Takeaways: Jane Street cut Blackrock bitcoin ETF holdings by 71% as BTC fell below $80K in Q1. Jane Street…

nileshsha@hotmail.comMay 15, 2026
Dune Analytics cuts 25% of staff for AI
Bitcoin

Dune Analytics cuts 25% of staff for AI

Dune Analytics has laid off 25% of its staff, with CEO Fredrik Haga citing AI tools as the primary driver.…

nileshsha@hotmail.comMay 15, 2026
Dune Cuts 25% of Staff and Bets on AI to Power Crypto Data’s Next Chapter – Bitcoin News
Bitcoin

Dune Cuts 25% of Staff and Bets on AI to Power Crypto Data’s Next Chapter – Bitcoin News

Key Takeaways Dune CEO Fredrik Haga cut 25% of staff this week, citing a strategic refocus on AI and institutional…

nileshsha@hotmail.comMay 14, 2026
Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’
Entrepreneurship & Startups

Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’

Technology giant Cisco is cutting fewer than 4,000 jobs, or around 5% of its workforce, despite reporting better-than-expected profit and…

nileshsha@hotmail.comMay 14, 2026
Oil struggles for direction as IEA flags volatility, OPEC cuts demand forecast
Stock Market

Oil struggles for direction as IEA flags volatility, OPEC cuts demand forecast

The Ateela 2 Oil Tanker boat navigates the sea on April 28, 2026 on Qeshm Island, Iran in the Strait…

nileshsha@hotmail.comMay 14, 2026
The stock market doesn’t need Fed cuts, says Morgan Stanley as it rachets S&P 500 view higher
Stock Market

The stock market doesn’t need Fed cuts, says Morgan Stanley as it rachets S&P 500 view higher

It’s the season for new stock-market price targets, and Morgan Stanley joined the upper echelon of Wall Street targets for…

nileshsha@hotmail.comMay 13, 2026
Tens of thousands protest in Argentina over Milei university cuts | Protests News
World News

Tens of thousands protest in Argentina over Milei university cuts | Protests News

Published On 13 May 202613 May 2026 Tens of thousands of Argentines have taken to the streets in cities across…

nileshsha@hotmail.comMay 13, 2026
SEC-CFTC Alignment Cuts Risk of Overlapping Enforcement Actions
Bitcoin

SEC-CFTC Alignment Cuts Risk of Overlapping Enforcement Actions

Key Takeaways CFTC and SEC efforts aim to bring more consistency to overlapping financial market oversight. Growing market overlap has…

nileshsha@hotmail.comMay 13, 2026
BofA drops blunt warning about Fed rate cuts
Stock Market

BofA drops blunt warning about Fed rate cuts

BofA Global Research is the latest brokerage to revise its ​Federal Reserve rate-cut forecast to much later dates, citing elevated…

nileshsha@hotmail.comMay 13, 2026
Marathon Posts .3B Loss as Bitcoin’s 18% Slide Cuts Q1 Revenue by M
Bitcoin

Marathon Posts $1.3B Loss as Bitcoin’s 18% Slide Cuts Q1 Revenue by $35M

Key Takeaways Marathon Holdings posted a $1.3 billion net loss in Q1 2026 due to an 18% drop in average…

nileshsha@hotmail.comMay 13, 2026

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