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- Bitcoin nearly hit $90,000
Bitcoin nearly hit $90,000
Steve Madden cuts China. Amazon smart glasses. Zoox Robotaxi.
together with Softarex
Today’s topics
MicroStrategy made its biggest Bitcoin buy
Steve Madden cuts China production
Telegram's Pavel Durov funds free IVF
First look at Zoox Robotaxi
and more…
Stocks hit the brakes on Tuesday, stepping back from their postelection rally. The Dow shed 382.15 points (0.86%), settling at 43,910.98, while the S&P 500 dipped 0.29% to close at 5,983.99. The Nasdaq Composite barely budged, slipping 0.09% to 19,281.40. Both the S&P 500 and the tech-heavy Nasdaq ended their five-day winning streaks—proof that even Wall Street needs a breather.
Bitcoin blasts toward $90K. Bitcoin nearly hit $90,000 on Tuesday, driven by hopes that Trump’s incoming administration will ease crypto regulations. Though Bitcoin’s momentum is strong, experts urge caution due to its natural volatility. The path to $100,000 will depend heavily on how government actions and market forces play out.
MicroStrategy’s biggest Bitcoin buy. MicroStrategy just made its biggest Bitcoin purchase since 2020, snapping up 27,200 BTC for $2.03 billion. This massive buy brings the company’s total holdings to 279,420 BTC and pushed its stock to a new high, breaking a record set back in March 2000.
Steve Madden cuts China production to dodge Trump tariffs. Steve Madden is planning to cut back on importing goods from China, aiming to dodge potential Trump tariffs. Instead, the company will shift production to other countries, hoping to avoid passing added costs on to shoppers. Steve Madden shared with analysts that this shift has been in the works for a while, ensuring they’re ready for any tariff changes.
Wall Street’s cash splash: fat bonuses are back. For the first time in three years, Wall Street bonuses are on the upswing! Bankers and traders can expect a serious boost, with bond sales teams set for the biggest jump—up to 35%, says pay consultant Johnson Associates. Those in stock sales could see bonuses rise by 15-25%, and stock traders may get up to 20% more. It’s a good year to be on Wall Street.
Amazon’s Smart Glasses to Speed Up Deliveries
Amazon is reportedly working on a pair of smart glasses called “Amelia” to help delivery drivers make quicker drops. According to sources at Amazon, these upgraded Echo Frames would feature an embedded display, giving drivers turn-by-turn directions—even down to which way to turn after exiting an elevator.
YouTube tests swipe-up for full videos. YouTube is testing a TikTok-style swipe-up gesture for full-length videos, making it easier to jump to the next video with a simple swipe. Spotted by Digital Trends contributor, this new feature gives the standard video player a fresh, scroll-friendly vibe.
AI takes over, but soft skills still rule. AI is reshaping jobs, but LinkedIn’s survey shows 63% of U.S. workers say soft skills—like teamwork and communication—matter more than ever. Those with top-notch people skills are getting promoted faster, even as AI skills rise in demand.
Apple’s new feature helps airlines find your stuff. Apple just launched a super handy iOS feature called "Share Item Location" that lets you share the real-time location of lost items—yes, even with airlines. Now, if your luggage or AirTag-equipped items go missing, you can grant third parties, like airline staff, access to track down exactly where it’s hiding.
First look at Zoox Robotaxi. Amazon’s Zoox robotaxi finally launched in San Francisco and Vegas.
Robots in the Kitchen: Enhancing, Not Replacing Human Labor
“Who wants to have eight hours a day peeling potatoes when actually there is a robot that can do that?" That's drawn the attention of quick-serve restaurants across the country that are struggling amid a labor shortage. As automation advances, a new wave of robot employees could soon be greeting you at your favorite hotels and restaurants. Find out how this could change the service industry forever.
Telegram's Pavel Durov offers free IVF for future heirs. Telegram founder Pavel Durov, with a net worth of $15.5 billion, is offering free IVF for women willing to use his sperm at Moscow’s Altra Vita clinic, the exclusive keeper of his “biomaterial.” Durov, who reportedly already has over 100 children across 12 countries from prior donations, recently shared plans to “open-source” his DNA, aiming to make it easier for his biological kids to connect worldwide. Apparently, sharing files wasn’t enough—now he’s ready to share his genes.
Meet Haggis: Edinburgh Zoo’s new hippo star. Edinburgh Zoo just welcomed an “incredibly rare” pygmy hippo calf named Haggis. Born on October 30, this tiny endangered cutie is already stealing hearts.
First baby ferrets born from a clone. Black-footed ferrets, once thought extinct, are back. A cloned ferret named Antonia just gave birth to two pups, boosting the species' genetic diversity. Thanks to her rare genes from a ferret that passed away in 1988, Antonia’s babies are helping the endangered population bounce back.
TikTok of the day: watch here
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