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Nvidia’s CEO acknowledged that “the economics are poor today” but should “improve over time.”

Qantas is overhauling its frequent flyer program to entice members to climb its vaunted membership tiers, in changes designed to prevent customers from switching to rival schemes.The reforms, described by the airline as the “biggest changes to status in program history”, have been unveiled during a hugely profitable period for Qantas, with revenue rising across its domestic, international and loyalty scheme businesses.On Thursday, Qantas announced planned changes to the loyalty scheme to allow members to roll over some of their status credits – the currency used to determine membership tiers – helping people reach or maintain high levels such as…

Summary The Office of the Comptroller of the Currency (OCC) is issuing a notice of proposed rulemaking to implement the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act regarding the issuance of payment stablecoins and certain related activities by entities subject to the OCC’s jurisdiction. Note for Community Banks The proposed rule would apply to national banks and their subsidiaries, Federal savings associations and their subsidiaries, Federal branches and their subsidiaries, foreign payment stablecoin issuers, nonbank entities that seek to be or are approved as Federal qualified payment stablecoin issuers, and State qualified payment stablecoin issuers for whom…

A major mining manufacturer just made a decisive move in Texas.Canaan Inc. spent $39.75M in stock to acquire Cipher Mining’s 49% stake in three operational Texas projects, instantly adding 4.4 EH/s to its mining fleet and securing 120 MW of power capacity.For a company long known as a hardware seller, this marks a clear pivot toward direct Bitcoin production. pic.twitter.com/DryJUo8ywz— Cipher Digital (@CipherInc) February 24, 2026 This is vertical integration in action. Canaan is no longer just selling ASICs. It is operating them. The deal also brings thousands of its own Avalon rigs back under its control, tightening its grip…

Along with gold, silver prices have skyrocketed to new all-time highs, with these two historic safe-haven metals having one of the strongest long-term relationships in global markets.Ultimately, when gold prices rise, silver tends to follow. This time around, the unprecedented rise in gold prices has pulled up various commodities.However, what makes the rally in silver hold more merit as opposed to other commodities that are following the ascent in gold prices is that, outside of also being a monetary metal like gold, silver is being used in a variety of industrial applications.Serving as a further investor-driven catalyst, silver has become…

Shares in Qantas Airways Ltd. dropped the most in almost a year after earnings from its international unit unexpectedly fell and the company flagged rising costs from wages and aircraft maintenance.

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A steak sandwich and French onion soup from Panera Bread Co. arranged in the Queens borough of New York, US, on Tuesday, Dec. 12, 2023. Bing Guan | Bloomberg | Getty ImagesPanera Bread is entering the so-called value wars with its new “Mix & Match” deals in a bid to win back price-conscious diners.The chain, known for its soups, salads and sandwiches, is in the early stages of a turnaround, with a focus on reinvesting in its business and reversing years of traffic declines. Once the top fast-casual brand in the U.S., Panera has fallen to No. 3, ceding the top…

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today issued a proposed rulemaking to implement the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The notice of proposed rulemaking generally sets forth, and seeks comment on, the regulations that would apply to permitted payment stablecoin issuers and foreign payment stablecoin issuers under the OCC’s jurisdiction as well as certain custody activities conducted by OCC-supervised entities. “The OCC has given thoughtful consideration to a proposed regulatory framework in which the stablecoin industry can flourish in a safe and sound manner,” said Comptroller of the Currency Jonathan V. Gould.…

The US Strategic Bitcoin Reserve could lose nearly 30% of its holdings in a single legal move, even if the government does not sell a single coin.Last year, President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve. The order directed the Treasury Department to consolidate government-held BTC into a reserve account and promised that the United States would not sell those coins.Yet, the headline number for the reserve may be overstating how much BTC the government can actually treat as a permanent strategic asset.Data from Bitcoin Treasuries estimates that the US government controls about 328,372 BTC. This…