• Edward Zimbardi has been returned to the United States after being deported from Fiji and is facing 25 federal charges over an alleged cryptocurrency-funded Ponzi scheme that collected more than $165 million from thousands of investors, according to the US Attorney’s Office for the Northern......

  • Microsoft (NASDAQ: MSFT) fell about 3% on Monday, August 17, closing near $480 after Morgan Stanley put a credit lens on the AI spending boom and the market sold the most visible name attached to it. The stock steadied in Tuesday’s pre-market, trading around $483,......

  • Klarna (NYSE: KLAR) reported second-quarter results before the open on Tuesday, August 18, and the numbers beat: revenue of $1.042 billion, up 27% year over year and above its own $960 million to $1 billion guide, with a swing to net income of $9 million......

  • IonQ did not lose $1.9 billion last quarter. It earned record revenue, raised guidance, closed a $1.8 billion acquisition — and then booked a $1.6 billion non-cash charge because its own share price went up. That single accounting mechanic is the most misunderstood thing about......