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Strategy Swings to $8.2B Loss as Bitcoin Slump Weighs on Holdings

Strategy reported a net loss of US$8.22 billion for the second quarter, against net income of US$10.02 billion a year earlier, in results filed after the US close on Thursday. An unrealised loss of US$8.32 billion on its Bitcoin drove the swing, compared with a US$14.05 billion gain in the same quarter of 2025. Company

Gwalior Telecom Manufacturing Zone to attract ₹12,000 crore investment: Scindia

In this image posted on July 30, 2026, Union Communications Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Mohan Yadav after signing an MoU between the Department of Telecommunications (DoT) and the Madhya Pradesh government for setting up India's first Telecom Manufacturing Zone (TMZ) in Gwalior, in New Delhi. | Photo Credit: Via PTI Photo

Big Tech AI spending spree tops $1tn

For help please visit help.ft.com. We apologise for any inconvenience. The following information can help our support team to resolve this issue. Reason Challenge Request ID a2802d52998b3d21 Status Code 403

Palm Beach County, Florida, approves $1.5B plan for second incinerator

Dive Brief: Members of the solid waste authority board in Palm Beach County, Florida, unanimously approved on Wednesday a $1.5 billion plan to build a new incineration facility by 2034. The county already has an additional mass burn combustion facility that opened in 2015, but officials say they need to replace a neighboring refuse-derived fuel

Essex County won’t provide tax deferrals for tariff-struck businesses

ESSEX. ONT: - MARCH 189, 2025 - A map of the region is shown at the Essex County Civic Centre on Wednesday, March 19, 2025. Photo by Dan Janisse /Windsor Star Article content Essex County won’t be implementing a tax deferral program to help local businesses hit by tariffs levied by the United States.  

Stockport County FC £50m stadium expansion approved

Stockport County Football Club has secured planning permission for a £50m phased redevelopment of its Edgeley Park stadium, allowing the League One side to increase capacity by more than two-thirds over the coming years. Stockport Metropolitan Borough Council approved the hybrid application last week. The scheme combines detailed and outline proposals and paves the way

County manager seeks volunteer for open seat on Arts Commission

Clark County seeks a volunteer to fill an open seat on the Arts Commission, representing the unincorporated county. The post County manager seeks volunteer for open seat on Arts Commission first appeared on ClarkCountyToday.com...

The Big Red Fire Dozers of L.A. County Can Take the Heat (Video)

The fire department's 46-ton Cat D8R dozers, with 16-foot-wide blades, have gone through extensive modifications to battle a blaze...

Montgomery County Black Collective Announces Its Inaugural Media Week, February 24-28, 2025

Gaithersburg, MD, February 17, 2025 --(PR.com)-- In celebration of Black History Month, the Montgomery County Black Collective is pleased to announce its first-ever Media Week, from February 24 to 28, 2025. Media Week will serve as the official registration kickoff for the Black Collective’s highly anticipated 2nd Annual Black Business Expo, scheduled for June 10, 2025

Clark County Today Sports Podcast, Jan 10, 2025: We discuss NIL deals for high school athletes now that Brooklynn Haywood is benefiting from her...

Sports Podcast: Exploring NIL deals for high school athletes, basketball rivalries, and more. The sports enthusiasts also discuss great high school basketball atmospheres, with Union about to face Camas in the 4A GSHL Paul Valencia ClarkCountyToday.com The sports enthusiasts are here for 2025.  In the first Clark County Today Sports podcast of the new year

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Strategy Swings to $8.2B Loss as Bitcoin Slump Weighs on Holdings

Strategy reported a net loss of US$8.22 billion for the second quarter, against net income of US$10.02 billion a year earlier, in results filed after the US close on Thursday. An unrealised loss of US$8.32 billion on its Bitcoin drove the swing, compared with a US$14.05 billion gain in the same quarter of 2025. Company

Gwalior Telecom Manufacturing Zone to attract ₹12,000 crore investment: Scindia

In this image posted on July 30, 2026, Union Communications Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Mohan Yadav after signing an MoU between the Department of Telecommunications (DoT) and the Madhya Pradesh government for setting up India's first Telecom Manufacturing Zone (TMZ) in Gwalior, in New Delhi. | Photo Credit: Via PTI Photo

Big Tech AI spending spree tops $1tn

For help please visit help.ft.com. We apologise for any inconvenience. The following information can help our support team to resolve this issue. Reason Challenge Request ID a2802d52998b3d21 Status Code 403

Situational Awareness fund’s $16B liquidation prompts Wall Street to bet AI trade has bottomed

A 24-year-old former OpenAI researcher just became Wall Street’s most expensive cautionary tale. Leopold Aschenbrenner’s Situational Awareness LP hedge fund sold its entire public equity portfolio, roughly $16 billion worth of AI stocks, to Citadel in a single block trade this month after its leveraged bets cratered. From moonshot to meltdown Situational Awareness launched in

Strategy Posts $8.22B Q2 Loss as Bitcoin Holdings Climb to 843,775 BTC

TLDR: Strategy posted an $8.22 billion net loss in Q2 2026 from bitcoin fair value changes. Bitcoin holdings reached 843,775 BTC as of July 26, up 25% year to date in 2026. Convertible debt fell to $6.71 billion after Strategy repurchased notes at a discount. USD Reserve grew to $3.75 billion...