Author: GT

Tesla reports first-quarter financial results after the bell Tuesday with the electric vehicle maker coping with sluggish sales and fallout from its CEO’s prominent role in the Trump administration.Wall Street expects Tesla to report a profit of 41 cents per share, down slightly from the year-ago quarter. Sales are estimated at $21.3 billion, on par with last year’s quarter.Tesla is fighting an enormous public backlash due to Elon Musk’s leadership of a federal government cost-cutting group that has divided the country and sparked angry protests at Tesla dealerships nationwide. Some analysts have called for Musk to abandon his role in…

AI labs are increasingly relying on crowdsourced benchmarking platforms such as Chatbot Arena to probe the strengths and weaknesses of their latest models. But some experts say that there are serious problems with this approach from an ethical and academic perspective. Over the past few years, labs including OpenAI, Google, and Meta have turned to platforms that recruit users to help evaluate upcoming models’ capabilities. When a model scores favorably, the lab behind it will often tout that score as evidence of a meaningful improvement. It’s a flawed approach, however, according to Emily Bender, a University of Washington linguistics professor…

In a surprising development, options linked to bitcoin (BTC) and the euro-dollar (EUR/USD) exchange rate are indicating strength against the U.S. dollar despite a downturn in the U.S. stock market. This trend suggests the “sell America” trade is gathering pace. Currently, bitcoin’s short- and near-dated risk reversals – which measure the demand for call options relative to put options – were slightly positive, indicating a bullish bias. The data, drawn from sources like Deribit and Amberdata, signals a recovery from the previous trend where there was a consistent preference for puts in near-dated options. In parallel, the one-month EUR/USD risk…

Gold prices rebounded on Tuesday from a near four-week low reached in the previous session, as heightened concerns over the global trade war between the United States and its key trading partners lifted investor appetite for safe-haven assets.Chris Ratcliffe | Bloomberg | Getty ImagesGold prices rallied on Tuesday, hitting a record as President Donald Trump’s repeated threats against the Federal Reserve’s independence have shaken investors and undermined confidence in the U.S.Gold futures hit a session high of $3,509.90 per ounce Tuesday, after closing at a record $3,425.30 on Monday. The precious metal was last up 1.1% at $3,463.20. Gold has…

A startup called Superpower is publicly launching what it calls the world’s first super-app that is designed to help people better understand and take care of their health. For $499, the startup offers biannual lab testing that analyzes over 100 blood biomarkers across 21 categories, giving people a more comprehensive look at their health than a standard physical does. Members conduct these tests twice a year, either at home or one of Superpower’s 2,000 partner labs nationwide.  Superpower’s web app considers the results of these tests with past medical records, fitness trackers, and genetics and uses AI to create a…

Bitcoin (BTC) held steady above $88,000 early Tuesday as the Japanese yen crossed the psychological level of 140 against the U.S. dollar, as tariff concerns and risks of a Federal Reserve chairman shuffle in the states broadened the appeal of safe-haven assets. Yen rose nearly 1% to 139.93 against the dollar, its strongest level since September. Gold surged to fresh highs at $3,494 per ounce in Asian morning hours. Per reports, Trump is blaming the Fed for the economic fallout from the trade war if the central bank doesn’t cut rates soon — and firing the chief usurps the appearance…

Bitcoin’s (BTC) commanding position in the crypto ecosystem continues to strengthen. When combined with the top two stablecoins by market capitalization — Tether (USDT) and Circle’s (USDC) — these three assets now represent approximately 72% of the total cryptocurrency market. This dominance underscores a broader consolidation at the top of the digital asset market, as capital gravitates toward perceived safety and strength. BTC alone has surged to a 64.60% share of crypto market capitalization, briefly touching levels not seen since January 2021. This rise in dominance reflects growing investor preference for bitcoin amid ongoing macroeconomic and market uncertainty. While bitcoin…

Andreessen Horowitz’s hiring spree continues. On Monday, Erik Torenberg announced that the giant VC firm had acquired his Turpentine podcast, with him joining as a general partner. Torenberg’s podcast focuses mostly on interviewing VCs at a variety of firms about their approach to investing. Recent guests include Accel’s Andrew Braccia, Seven Seven Six’s Alexis Ohanian, and Benchmark’s Sarah Tavel and Eric Vishria. Torenberg said he plans to continue with his podcast, but we’ll see if it changes direction. A16z creates a lot of corporate content, including its own podcasts. But the focus tends to be on founders rather than other…

It’s easy to be down on Bitcoin (CRYPTO: BTC) these days. After all, it has fallen more than 20% from an all-time high of $109,000 back in January. And due to ongoing tariff uncertainty, it’s failed to live up to the spectacular hype that surrounded it earlier in the year. Yet this might turn out to be the last chance you’ll ever get to buy Bitcoin for less than $100,000. There are two fundamental changes taking place right now in the global financial markets, and Bitcoin is core to both of them. Where to invest $1,000 right now? Our analyst team…

Coal-fired power plants have done their fair share of damage over the past century. From climate change to acid rain, black lung to heart disease, they’ve generally been on the debit side of the ledger.  But lurking in the literal ashes is something of a minor climate savior. “Ash can be used to replace up to 30% of cement,” Krish Mehta, co-founder and CEO of PHNX Materials, told TechCrunch. By displacing cement in concrete, fly ash from coal plants can eliminate a significant chunk of the material’s carbon footprint. PHNX Materials has devised a way to strip fly ash of…