Bitcoin's value plummeted on Thursday, dropping below $65,000, marking its lowest point since the 2024 Presidential election, according to CNBC. The cryptocurrency experienced a more than 10% decrease in a single day, as reported by The Verge.
The decline follows a period of significant growth, with Bitcoin surpassing $100,000 in November 2024 and peaking at over $122,000 in October 2025, according to The Verge. However, the cryptocurrency has been in a steady decline for the past several weeks.
In other tech news, Amazon Web Services (AWS) reported a strong fourth quarter in 2025, with revenue reaching $35.6 billion, a 24% year-over-year increase, according to TechCrunch. This represents AWS's highest growth rate in over three years. The surge was attributed to new deals and strong enterprise adoption, boosting AWS's annual revenue run rate to $142 billion and operating income to $12.5 billion, solidifying its market leadership, according to TechCrunch.
Meanwhile, the tech industry is facing a public relations challenge regarding artificial intelligence. Fortune reported that tech giants are spending up to $400,000 to hire AI evangelists to combat growing American skepticism towards the technology. Pew research indicates that 50% of Americans are more concerned than excited about AI, a significant increase from 37% in 2021, according to Fortune. Only 10% reported being more excited than wary. Companies are now leveraging storytelling to improve public opinion, with Anthropic tripling the size of its communications team in recent years, according to Fortune.
In financial analysis, Tom Lee, a top Wall Street strategist and cofounder of Fundstrat, discussed a potential "black swan" scenario involving Elon Musk at a live recording of SoFi's "The Important Part" podcast at WNYC, according to Fortune. Lee suggested that Musk could potentially disrupt the global financial system.
Beyond the tech and finance sectors, the Super Bowl continues to be a major economic event. Time reported that the Super Bowl is America's most-watched sporting event, drawing in over 100 million viewers in recent years. The event generates enormous revenue for its host city and the country through ticket sales, concessions, hotel bookings, and job creation, contributing significantly to state tax coffers, according to Time.
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