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Bitcoin fell below $60,000, hitting its lowest price since October 2024 as it enters its eighth month of a bear market. The drop came alongside a broader pullback in tech stocks. The decline underscores the continued weakness across cryptocurrency markets.
Poland's national volleyball team enjoyed loud home support at the arena in Gliwice during their Nations League match against Belgium. Among the fans in the stands was a fellow volleyball player — a teammate of the Polish squad — though the article does not name him in the available excerpt.
The European Space Agency's Euclid space telescope has captured detailed images of the star-filled center of the Milky Way, revealing the dense galactic bulge in remarkable detail. NASA also plans to begin mapping the galactic bulge with its own mission later this summer. The combined efforts aim to deepen understanding of our galaxy's structure and formation history.
JPMorgan Chase announced a $50 billion share buyback program and Goldman Sachs raised its dividend on Wednesday, following the Federal Reserve's annual stress test results. The Fed tested 32 major banks and found all of them capable of weathering a hypothetical severe recession. The clean bill of health allowed the banks to return more capital to shareholders.
England secured their place in the T20 World Cup semi-finals with a match to spare, beating West Indies by 38 runs at Lord's. The comfortable victory gave England's side one of the top spots in their group ahead of the final round of group-stage games. The match was largely one-sided, with England in control throughout.
The estate of the late Leonard Cohen has formally objected to the use of the song "Hallelujah" at Donald Trump's Freedom 250 rally held Wednesday on the National Mall in Washington, D.C. The estate stated it learned of the planned performance and moved to oppose it. Trump has faced repeated objections from musicians and their estates over unauthorized use of their music at political events.
Qualcomm has forecast that its data center chips will generate "billions" of dollars in revenue by 2027, highlighting the company's growing AI ambitions beyond smartphones. Bloomberg analyst Mandeep Singh drew a parallel between chipmakers' hold on AI memory and oil companies' control over energy prices, suggesting both limit supply to protect profits. The forecast came as AI-driven demand continues to accelerate across the semiconductor industry.
The Los Angeles Unified School District, one of the largest school districts in the United States, has banned screen use for children before second grade amid growing concerns about technology's impact on young children's development. The policy reflects a broader national movement to curb screen time in schools. Officials cited the prevalent use of technology among young children as a key driver of the decision.
Poland's incoming National e-Invoice System (KSeF) represents the biggest shift in Polish tax law since the introduction of JPK digital reporting files. The change goes beyond document format — it fundamentally reshapes business processes and daily routines for accountants and independent entrepreneurs alike. Experts advise choosing accounting software that actively automates the new obligations rather than merely complying with the regulations passively.
Shares of semiconductor companies surged in extended trading on Wednesday after Micron Technology reported strong financial results that highlighted artificial intelligence as a major growth driver. Both Micron and Qualcomm are signalling continued rapid expansion fueled by demand for AI infrastructure. The results reinforce the view that AI investment is powering the next major growth cycle for the chip industry.
AI company Anthropic has accused Chinese tech giant Alibaba of carrying out "the largest known distillation attack on Anthropic to date," according to a letter obtained by CNBC. The company alleges Alibaba "brazenly" and "illicitly" extracted capabilities from its AI models, likely to train competing systems. The accusation marks a serious escalation in tensions between American AI firms and Chinese technology companies.
Bosnia and Herzegovina defeated Qatar 3-1 in their final Group B match at the 2026 FIFA World Cup. The win gives Bosnia a strong chance of advancing to the round of 32 as one of the best third-placed teams. Qatar is officially eliminated from the tournament.
Washington Capitals have acquired veteran forward Alex Tuch from the Buffalo Sabres in a trade and immediately signed him to an eight-year contract extension. The deal averages $10.5 million per year, according to sources who spoke to ESPN. Tuch is a proven NHL forward who now joins Washington's roster on a long-term commitment.
A critique published Wednesday in Nature challenges the core technology behind Microsoft's Majorana 1 quantum computing chip, unveiled in February 2025. Microsoft claimed the chip featured topological qubits, which the company said would form the foundation of a future quantum computer. The paper argues Microsoft exaggerated its breakthrough claims made a year ago.
Switzerland defeated Canada 2-1 in the third round of Group B at the 2026 FIFA World Cup in Vancouver. The Swiss advance to the knockout stage as group winners. Canada, co-hosts of the tournament, finish second in the group.
The Czechia vs. Mexico match at the 2026 FIFA World Cup kicks off at 9 p.m. ET. Viewers in the US can stream it for free using a DirecTV trial. Longer-term discounted options are also available through Fox One.
Daryl Fairweather, Chief Economist at Redfin, discussed the bipartisan Road to Housing Act, which President Trump has opposed despite it passing with a veto-proof majority. The bill ties federal funding to local governments' commitments to increase housing supply and streamline zoning and permitting. Fairweather views it as a significant federal response to the national housing shortage.
Victims of identity theft in the United States currently face wait times of almost two years to have their cases resolved by the IRS, according to the National Taxpayer Advocate. The advocate described the delays as "unconscionable." The report highlights systemic failures in how the IRS handles affected taxpayers.
Germany is considering gradually raising its retirement age to 70 by the year 2092. Analysts note that a similar move in the United States would address only part of the Social Security funding shortfall. The debate raises questions about whether the US should pursue comparable pension reform.
Retail investors have ranked technology as the most overvalued sector among the 11 segments of the stock market. Despite this assessment, they continue to buy tech stocks in significant volumes. Analysts point to psychological and structural reasons behind this seemingly contradictory investment behavior.
Polish basketball player Jakub Szumert, 20, will compete in the NCAA in the United States in the 2025/2026 season. He shone in the Orlen Basket Liga this past season with Orlen Zastal Zielona Góra, winning the Polish league silver medal. He joins a college team known as the Mustangs.
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