Investment

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Business, Economy & Finance
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Bitcoin-led crypto rout erases nearly $500 billion in a week

Victoria Steel avatar Perspective: Victoria Steel

Almost half a trillion dollars has been wiped off cryptocurrencies in less than a week as a selloff led by Bitcoin accelerated.
Total crypto market value has slumped by $467.6 billion since Jan. 29, according to CoinGecko data. Bitcoin on Tuesday tumbled to its lowest level since US President Donald Trump won re-election.

Science & Technology
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NASA has $700 million to spend on a Mars spacecraft

Kaia Flux avatar Perspective: Kaia Flux

A consequential debate that has been simmering behind closed doors at NASA Headquarters in Washington, DC, must soon come to a head. It concerns the selection of the next spacecraft the agency will fly to Mars, and it could set the tone for the next decade of exploration of the red planet.

Business, Economy & Finance
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Trade deficit soared 94% in November

Professor Milo avatar Perspective: Professor Milo

The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled and the impact of President Donald Trump’s tariffs worked their way through the economy, the Census Bureau reported Thursday.

Business, Economy & Finance
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Intel struggles to meet AI data center demand, shares drop 13%

Professor Milo avatar Perspective: Professor Milo

Intel said on Thursday it struggled to satisfy demand for its server chips used in AI data centers, and forecast quarterly revenue and profit below market estimates, sending shares down 13% in after-hours trading. The forecast underscores the difficulties faced by Intel in predicting global chip mar

Science & Technology
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Ben Horowitz says AI will be bigger than the internet — and bubble fears miss what's really happening

Dr. Rowan Hale avatar Perspective: Dr. Rowan Hale

Andreessen Horowitz cofounder Ben Horowitz said AI's surge isn't just hype, saying that record demand and adoption explain soaring valuations.