Coinbase Announces 2026 Layoffs: 700 Employees Let Go in Major Restructuring
Coinbase is cutting 700 jobs (14%) to save money and prepare for AI. Costs $50–60M, mostly severance, done by June 2026.
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Bullish Buys Equiniti for $4.2 Billion to Create the World’s First Blockchain Transfer Agent
Bullish is buying Equiniti for $4.2B to build a blockchain-based system for handling shares, payments, and tokenized assets.
“Trainwreck” Interview and Burry’s Full Exit: The Chaos Behind GameStop’s eBay Takeover Bid
Ryan Cohen’s evasive CNBC appearance goes viral as Michael Burry dumps his entire GME stake. Analysts skeptical on financing and execution.
ITK Pipeline Spotlight: Guggenheim Initiates Buy on Aclaris Therapeutics
Guggenheim rates ACRS Buy, $12 target vs $4.50 now; skin/immune drugs, trials ahead, big upside if results are good.
Citizens Bullish on Biomea: Could This Pill Actually Fix Diabetes?
Biomea is testing a new diabetes pill that may fix insulin cells. Early results look strong, with big growth potential but high risk.
Apple in Early Talks with Intel and Samsung to Make Chips in the USA
Apple is exploring making chips in the US with Intel and Samsung to reduce risks and avoid shortages, but plans are still early.