Business

Cardano's ADA fell about 60% in 2025 and is trading near $0.35. The network launched the Midnight sidechain and continued other upgrades during the same period.

Joby Aviation shares trade near $13 while the company pursues final FAA certification and plans a commercial air taxi launch in Dubai in 2026. Observers note similarities to early Tesla in vertical integration and clean-transport ambitions, but competition and an unproven service model are also reported.

DigitalBridge Group shares rose nearly 10% after reports that SoftBank Group agreed to acquire the company for about $4 billion, with an offer of $16 per share. The stock still traded below the offer price, indicating some investor caution.

Michael Burry denied that he is shorting Tesla after describing the company’s stock as very overvalued. He made the comment on X and had shared a similar view with subscribers on his paid Substack newsletter.

Stocks slipped in thin year-end trading after 2025 produced record gains, driven by central bank interest-rate cuts and strong tech growth tied to artificial intelligence.

Eurostar and Le Shuttle services resumed through the Channel Tunnel after an overnight repair following a power supply fault and a broken-down train. Most London departures ran on Wednesday, though a small number of services were cancelled and some delays were still reported.

Marc Ciria, a candidate in Barcelona's 2026 presidential election, has proposed bringing Lionel Messi back to the club as part of a plan to boost revenue. Ciria presented Messi as a strategic partner and cited current income figures while outlining his campaign proposal.

David Sacks, a White House advisor, said he might leave California after the state proposed a one-time "Billionaire Tax" he described as a 5% levy on net worth. The proposal has drawn public criticism from some wealthy residents and is still under debate.

Federal prosecutors say a network attempted to send roughly $160 million worth of Nvidia H100 and H200 GPUs to China, and arrests and a guilty plea have been reported. The investigation, called Operation Gatekeeper, involved an undercover operation at a New Jersey warehouse.

The U.S. dollar is on track to fall about 9.3% this year, its weakest annual showing since 2017. Analysts say the currency may face further pressure as U.S. yield advantages narrow with expected Federal Reserve rate cuts.

Golden State visits Charlotte on Wednesday at 1 p.m. ET and is listed as a 6.5-point favorite with an over/under of 233.5. A projection model is calling the game to go over and projects Stephen Curry around 27.1 points.

Liam Lawson raised more than NZ$50,000 at Highlands Motorsport Park by offering supercar hot laps, with proceeds to the Breast Cancer Foundation NZ.