Billion Dollar Club Archives - Page 17 of 50

TuesdayAug 05, 2025 9:00 am

How Electric Vehicles are Triggering Garage and Gas Station Closures

For more than a century, owning a gasoline-powered car meant easy access to everything you needed. Gas stations were on every corner, oil changes were quick and cheap, and repairs were simple to find. But that reality is changing fast. As more people switch to electric vehicles (EVs), life for owners of traditional cars is becoming less convenient and much more expensive. This shift isn’t random; it follows a pattern seen in many past technologies. When smartphones, streaming services, and digital cameras became mainstream, older industries like DVDs and film photography collapsed almost overnight. Electric vehicles are now reaching that…

FridayAug 01, 2025 9:00 am

EV Prospects in the US Remain Positive Despite Trump’s Policies

The electric vehicle (EV) industry in the United States is facing a period of uncertainty, but experts believe the long-term outlook remains strong. President Trump’s recent policies have pulled back federal support for EVs, raising concerns about adoption rates and infrastructure growth. Still, industry investments and global demand are expected to keep the momentum going. One of the biggest shifts came with Trump’s “One Big Beautiful Bill,” which ended the $7,500 tax credit for new EVs and the $4,000 credit for used models on September 30, seven years earlier than planned. EV battery production tax credits will also be cut…

ThursdayJul 31, 2025 9:00 am

Stablecoin Linked to Ruble Handles Transfers Exceeding $40 Billion

A new ruble-backed cryptocurrency called A7A5 has been making headlines after it processed more than $40 billion in transfers, according to blockchain research firm Elliptic. The sudden jump in transactions, especially in July, has drawn global attention because the coin is being linked to Russia’s efforts to sidestep Western sanctions and keep cross-border trade moving despite strict financial barriers. Since the start of the conflict in Ukraine in February 2022, Russia has faced heavy restrictions from Western countries. One of the toughest measures was cutting Russian banks off from SWIFT, the global financial messaging network that most international payments rely…

TuesdayJul 29, 2025 9:00 am

Tariff Turmoil Triggers Budget Shifts in Global Ecommerce UA Trends

Tariff changes and economic uncertainty are shaking up the way ecommerce apps spend their marketing money across the world. A new report from AppsFlyer, the 2025 State of eCommerce App Marketing, shows that global spending on user acquisition (UA) has climbed to an impressive $4.6 billion. But it’s not just the amount of money being spent that is interesting, it’s where that money is going. Chinese ecommerce apps, which have long poured large budgets into the United States, are now turning their attention to Europe. Concerns about tariffs and shifting regulations are pushing companies to rethink their strategies and move…

FridayJul 25, 2025 9:00 am

Ireland Starts Implementing Age Verification for Video-Sharing Platforms

From Tuesday, video-sharing platforms based in Ireland are now required to carry out strong age verification checks. This new rule is meant to protect children from harmful online content, including violent videos, pornography, and materials that promote self-harm or eating disorders. The law is part of the Online Safety Code introduced by Ireland’s media regulator, Coimisiún na Meán. It targets popular platforms like YouTube, TikTok, Facebook, and Instagram, which all have their European headquarters in Ireland. These platforms must now make sure that children are not exposed to dangerous or inappropriate content. If the companies fail to follow these new…

ThursdayJul 24, 2025 9:00 am

In-Person Dating is Back, But Gen Z Isn’t Coping Well

In today’s fast-changing world, how people date and build romantic connections is also changing. For years, dating apps like Tinder and Bumble were the go-to options for meeting new people. But now, many users are getting tired of swiping, rising costs, and meaningless conversations. This has led to a decline in app popularity, with some companies even laying off workers due to fewer users. As a result, in-person dating is making a big comeback. People are going back to more traditional ways of meeting, such as speed dating, running clubs, and social events like daytime parties. For older generations like…

TuesdayJul 22, 2025 9:00 am

US House Advances Crypto Bills After Initial Stalemate Threatens Progress

After a long and tense day on Capitol Hill, the U.S. House of Representatives finally moved forward with three major cryptocurrency bills. This came after a historic nine-hour delay that nearly stalled all progress. The delay, which became the longest recorded vote in recent House history, showed just how divided lawmakers were on the issue. The breakthrough happened late Wednesday night when Republican leaders made a deal with party members who had refused to vote earlier. The key to ending the stalemate was a promise to attach a bill that would stop the Federal Reserve from creating a central bank…

FridayJul 18, 2025 10:30 am

D-Wave Quantum Inc. (NYSE: QBTS) Secures $400 Million in Equity Offering, Eyes Acquisitions and Expansion

The $400M at-the-market equity offering was completed in just over two weeks. The average sale price in the offering was at a 149% premium compared to the company’s previous ATM raise in January 2025. The company holds a cash balance of approximately $815 million as of July 1. Proceeds will support strategic acquisitions, capital expenditures, and working capital needs. The ATM program comes as D-Wave’s Q1 2025 revenue surged 509% year-over-year, boosted by a major system sale to Germany’s Julich Supercomputing Center. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has completed sales of…

FridayJul 18, 2025 9:00 am

US, China Have Highest Bitcoin Holdings Among All Governments

As Bitcoin cements its place in the global financial system, governments around the world are beginning to treat it as more than just a speculative asset. Leading the pack are the United States and China, which now hold the highest amount of Bitcoin among all governments globally. Their involvement marks a significant shift in how nations approach cryptocurrency in a time of economic uncertainty and digital transformation. According to recent data from Bitbo.io and Cointelegraph, the U.S. government currently holds around 207,000 BTC, valued at roughly $24 billion. These digital assets were not bought on the open market, but instead…

ThursdayJul 17, 2025 9:00 am

US Banks to Report Higher Profits as Investment Banking Rebounds

Major U.S. banks are expected to report higher profits this quarter, and the main reason is a surprising comeback in investment banking. After months of slow deal activity due to global tensions and uncertainty, big banks like JPMorgan Chase, Bank of America, and Citigroup are now seeing signs of recovery. Trading departments are also performing well. With economic and political situations still unpredictable, more clients are turning to banks for help managing risk. This has helped boost trading revenues, which are expected to continue growing in the near future. Another area that’s doing well is net interest income; this is…

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Category: Billion Dollar Club