News

GameStop shares are rising in after-hours trading following CEO Ryan Cohen's purchase of 500,000 shares, increasing his stake in the company to 8.4%. This news comes after GameStop's recent announcement of Bitcoin as a treasury reserve asset and plans to raise $1.3 billion through convertible senior notes.

The report highlights a decline in cryptocurrency markets following a downturn in traditional financial markets, supported by various data points including increased transaction volume, declining daily active addresses, and significant trader liquidations. It also presents mixed forecasts from traders regarding Bitcoin's future price movements and notes ongoing regulatory developments related to crypto ETFs.

Looped, a new patient care app, aims to bridge the gap between patients and their healthcare providers by offering reliable and engaging information in a user-friendly format. The app empowers patients to take an active role in their health through educational videos, in-app rewards, and a social media-like interface.

Major corporations are cutting jobs and reducing production as President Trump's new tariff measures take effect, impacting industries such as automotive and manufacturing. Stellantis, Whirlpool, and Fisher-Price have all announced workforce reductions and operational pauses across multiple production facilities in response to tariffs on imported goods.

South Korea's Constitutional Court unanimously removed President Yoon Suk Yeol from office on Friday, concluding he had "committed a grave betrayal of the trust of the people" by declaring martial law in December. Acting president Han Duck-soo will remain in office until a new leader is elected within 60 days.