Technology

Kyle Reidhead Says AI Is Rewiring Cloud Demand and Setting Up a New Tech Race

Kyle Reidhead said AI is reshaping internet infrastructure, lifting cloud demand at Alphabet, Microsoft and Amazon while opening room for startups to deploy AI agents quickly. He also pointed to data center energy use and autonomous tech competition involving Tesla and Uber as the next phase of the market story.

Business

Global Economy

Chicago Fed’s Goolsbee Warns Against Cutting Rates on Faster Productivity Gains Alone

Chicago Fed President Austan Goolsbee cautioned against lowering interest rates too quickly in response to stronger productivity growth. He said faster productivity can sometimes add to inflation, underscoring the Fed’s cautious, data-driven approach.

Crypto

Crypto Trend-Following Trade Finds Relief After Volatile 2025 Sell-Off

NEW YORK, February 28 — The crypto trend-following trade is showing signs of relief after being severely tested during a sharp sell-off last year, according to market participants and recent…

Binance Expands European Strategy, Names Greece as Regulatory Hub

ATHENS, February 26 — Binance expands EU operations by strengthening its regulatory footprint in Greece as the world’s largest cryptocurrency exchange positions itself for broader compliance across the European Union.…

US Economy

Chicago Fed’s Goolsbee Warns Against Cutting Rates on Faster Productivity Gains Alone

Chicago Fed President Austan Goolsbee cautioned against lowering interest rates too quickly in response to stronger productivity growth. He said faster productivity can sometimes add to inflation, underscoring the Fed’s cautious, data-driven approach.