The Legion Go 2’s mouse mode, unique among Windows handhelds. | Photo: Antonio G. Di Benedetto / The Verge Remember when we thought the Legion Go 2 was expensive at $1,099 and up? Those were the days - Best Buy is now listing Lenovo's handheld for $1,499 with a Ryzen Z2 or $1,999 with a Z2 Extreme . The latter originally cost $1,349, so that's a $650 jump in just six months. And yes, that means Le...
The Legion Go 2’s mouse mode, unique among Windows handhelds. | Photo: Antonio G. Di Benedetto / The Verge Remember when we thought the Legion Go 2 was expensive at $1,099 and up? Those were the days - Best Buy is now listing Lenovo's handheld for $1,499 with a Ryzen Z2 or $1,999 with a Z2 Extreme . The latter originally cost $1,349, so that's a $650 jump in just six months. And yes, that means Lenovo's flagship may now cost twice as much as a $999 Microsoft/Asus Xbox Ally X with the same AMD chip, as much as a far more powerful GPD Win 5 with AMD Strix Halo cost last year. But the way things are going, it's probably only a matter of time till Microsoft's handheld Xbox hikes its price too. (For now, Asus rep Anthony Spence tells there's "no price … Read the full story at The Verge.
Robinhood Markets (NASDAQ: HOOD) generates significant revenue from its cryptocurrency trading business. Unfortunately, because the crypto market is highly volatile, the revenue Robinhood generates from this segment can be fairly unpredictable from year to year. So, even though it might be a growth driver today, it could be the opposite later. Case in point, in the fourth quarter, Robinhood's cryp...
Robinhood Markets (NASDAQ: HOOD) generates significant revenue from its cryptocurrency trading business. Unfortunately, because the crypto market is highly volatile, the revenue Robinhood generates from this segment can be fairly unpredictable from year to year. So, even though it might be a growth driver today, it could be the opposite later. Case in point, in the fourth quarter, Robinhood's crypto revenue declined by 38% year over year to $221 million. Thankfully, the fintech specialist has been ramping up another opportunity that could eventually become a bigger, more reliable source of revenue: prediction markets. Image source: Getty Images. Continue reading
JLGutierrez/E+ via Getty Images Stocks staged a nice rebound in the holiday shortened trading week. The S&P 500 ( SP500 ) broke a five-week losing streak, rallying 3.4% on the week. The NASDAQ ( COMP:IND ) rose more than four percent this week, after briefly entering official " correction" territory at the close of the previous week. Atlanta Fed's GDPNow - 04/01/2026 And equities rebounded despite...
JLGutierrez/E+ via Getty Images Stocks staged a nice rebound in the holiday shortened trading week. The S&P 500 ( SP500 ) broke a five-week losing streak, rallying 3.4% on the week. The NASDAQ ( COMP:IND ) rose more than four percent this week, after briefly entering official " correction" territory at the close of the previous week. Atlanta Fed's GDPNow - 04/01/2026 And equities rebounded despite another big move up in oil prices ( CL1:COM ) as the regional war in the Middle East entered its second month with no resolution in sight. Last week's move feels more like a " dead cat bounce" more than anything else. The Atlanta Fed reduced its estimate of first quarter GDP growth from 1.9% to 1.6% late last week. Blue Owl Capital ( OWL ) provided more clarity on some of the massive redemption requests it received in the first quarter for some of its private credit funds on Thursday. If the crisis in private credit market continues to gain steam, Blue Owl looks poised to be the poster child of the problems emerging in private credit. Much like Bear Stearns was for the subprime crisis just over a decade and a half ago. WSJ, Pitchbook In addition, the Wall Street Journal published a survey this week after it dived deeper in some large private credit funds from the likes of Blue Owl and Blackstone ( BX ) among others. It found that one quarter of these funds' loan book on average was to software companies. This was far higher than the 19% average on these funds' filings. And this sector is viewed as quite vulnerable to AI disruption and these asset lite businesses will provide little in the way of recovery if they go into default and liquidation. WTI Oil Price - 5-Day Chart (Market Watch) Interestingly, there was widespread profit taking across the energy sector this week even as WTI and Brent ( CO1:COM ) oil benchmarks moved much higher on the week. There was one piece of positive headline news that posted Friday morning, while the equity markets were closed for the holiday...
OpenAI ’s chief operating officer is shifting into a new role and two other top executives are going on leave due to health reasons, marking a major change to its executive bench ahead of a potential Wall Street debut as soon as this year. Brad Lightcap , OpenAI’s longtime COO, will now lead special projects and report directly to Chief Executive Officer Sam Altman , according to a memo viewed by ...
OpenAI ’s chief operating officer is shifting into a new role and two other top executives are going on leave due to health reasons, marking a major change to its executive bench ahead of a potential Wall Street debut as soon as this year. Brad Lightcap , OpenAI’s longtime COO, will now lead special projects and report directly to Chief Executive Officer Sam Altman , according to a memo viewed by Bloomberg. One of his main efforts will be overseeing OpenAI’s push to sell software to businesses through a joint venture with private equity firms . Denise Dresser, OpenAI’s recently appointed chief revenue officer, will be taking over some of Lightcap’s duties. Meanwhile, Chief Marketing Officer Kate Rouch is stepping down from her position to focus on her recovery from cancer, with plans to return in a more limited purview as her health allows. The company is searching for a new CMO. Fidji Simo , OpenAI’s CEO of AGI development who oversees much of its core business, will also take a medical leave for several weeks to seek new treatment for an ongoing neuroimmune condition and plans to return to her position. The flurry of changes coincide with a pivotal moment for the company. OpenAI is preparing for a possible initial public offering and just raised $122 billion in funding at an $852 billion valuation this week. Meanwhile, it’s pushing to bolster revenue by introducing advertising in ChatGPT , among other efforts. The company also faces heightened competition from Alphabet Inc. ’s Google and Anthropic PBC , the latter of which is expected to go public as soon as this year . “We have a strong leadership team focused on our biggest priorities: advancing frontier research, growing our global user base of nearly 1 billion users, and powering enterprise use cases,” OpenAI said in a statement. “We’re well-positioned to keep executing with continuity and momentum.” The ChatGPT maker is no stranger to executive shakeups. In the months after Altman’s brief ouster from OpenAI i...
(Bloomberg) -- OpenAI’s chief operating officer is shifting into a new role and two other top executives are going on leave due to health reasons, marking a major change to its executive bench ahead of a potential Wall Street debut as soon as this year.Brad Lightcap, OpenAI’s longtime COO, will now lead special projects and report directly to Chief Executive Officer Sam Altman, according to a memo...
(Bloomberg) -- OpenAI’s chief operating officer is shifting into a new role and two other top executives are going on leave due to health reasons, marking a major change to its executive bench ahead of a potential Wall Street debut as soon as this year.Brad Lightcap, OpenAI’s longtime COO, will now lead special projects and report directly to Chief Executive Officer Sam Altman, according to a memo viewed by Bloomberg. One of his main efforts will be overseeing OpenAI’s push to sell software to b