Stripe and Plasma Develop Multi-Currency Stablecoin Cards
Stripe and Plasma are co-developing multi-currency stablecoin cards, building on infrastructure available in over 30 countries with expansion to 100-plus planned for 2027.
Story of the Day - Page 5
Catch up quickly with the day’s most important and insightful stories. Our Stories of the Day category curates the standout articles across markets, economy, business, personal finance and innovation. Each post brings together multiple key developments, breaking news or deep-dive features chosen for their impact and relevance. It’s a fast, reliable way to understand what really matters today without scrolling through dozens of feeds. Whether you want a quick overview or a richer perspective, this section delivers the essential stories with context and clarity.
Latest Story of the Day News
KFC Drops Pepsi for Coca-Cola Across Its U.S. Restaurants
KFC will switch its U.S. restaurants to Coca-Cola drinks beginning in January 2027, ending a decades-long Pepsi relationship as it expands its beverage business.
Cboe Plans Extended Options Hours for 24 Companies and Five ETFs
Cboe plans to open options trading at 7:30 a.m. ET on October 19 for 24 companies and five ETFs, including Apple, Nvidia, SpaceX and SPY.
US Producer Inflation Surges to 6.3% as Energy Costs Jump
US producer prices rose 1.3% in September, the largest monthly gain since March 2022, as annual inflation hit 6.3% and initial jobless claims reached 199,000.
AI Stock Rout Erases $1 Trillion as Funding Fears Spread
Nvidia, AMD and Micron fall before the U.S. open as steep Asian chip losses and European selling deepen a global AI stock rout driven by funding...
Nvidia’s Jensen Huang Urges China AI Safety Cooperation
Jensen Huang calls for closer AI safety dialogue with Chinese researchers as Nvidia faces export restrictions and growing competition in China.
Anthropic IPO in Focus as Revenue Jumps 45% to $16.8 Billion
Anthropic told investors Q3 revenue reached $16.8 billion, with adjusted profit and positive cash flow, as it prepares for a potential November IPO.
KOSPI Plunges 7.6% as Chip Selloff Triggers Trading Halt
South Korea’s KOSPI closed at a six-month low after a 20-minute trading halt, with Samsung down 9.5% and SK hynix losing 11.1% amid AI and rate...
US Stocks Post Worst Day Since July as Inflation Hits AI Trade
The Nasdaq fell 1.9% and the S&P 500 lost 1.1% as September inflation reached 3.7%, while CoreWeave and Oracle led a sharp AI-stock selloff.
Larry Fink Warns Data Center Freeze Could Push US Into Recession
BlackRock’s Larry Fink warns a U.S. data center moratorium could trigger recession, as AI spending fuels growth and opposition to new projects rises.
CoreWeave Stock Falls 16% as Bond Yields Near 15%
CoreWeave shares tumble as bond yields approach 15%, putting CRWV’s interest costs, debt repayments and AI infrastructure spending under scrutiny.
S&P 500 Falls 1% as Hot CPI and AI Debt Fears Hit Stocks
U.S. stocks slide as hotter September inflation and AI borrowing concerns hit CoreWeave and Oracle, while rising oil prices lift energy producers.