Gambling Layoffs Increase as Prediction Markets and AI Reshape Sports Betting
Penn Entertainment and Gambling.com Group announced fresh job cuts this week. Gambling.com is eliminating 25% of its workforce while Penn trims more than 75 roles…
Bitcoin Drops Below $78,000 as Iran Makes Latest Threat on Hormuz
Bitcoin (BTC) extended losses into Saturday. Iran’s threat to charge tolls on Strait of Hormuz shipping kept pressure on global risk assets. The two-day selloff…
Bitcoin Pumps Hardest on US Holidays, CoinGecko Finds
Bitcoin (BTC) delivers its strongest single-day returns on US federal holidays, according to a CoinGecko study covering May 2013 to May 2026, with New Year’s…
A $5 Coffee Habit Compounded 40,000% Yet Wall Street Still Cheers the Layoffs
Starbucks (SBUX) has compounded roughly 40,000% since its 1992 IPO, turning a $10,000 ticket into close to $4 million. On Friday, the company that built…