News 26 July 2025

Kimball Electronics Trades Calm as Holiday Lulls Market Action
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Kimball Electronics Trades Calm as Holiday Lulls Market Action

U.S. stock markets are closed Monday for Memorial Day, with trading set to resume Tuesday. Kimball Electronics shares ended Friday at $24.60, up 1.6% for the day but just 0.3% higher for the week, still 9.5% below their May 5 close. Fiscal Q3 revenue rose to $352.9 million from the prior quarter but fell short of last year’s $374.6 million. Cash on hand stood at $82.5 million as of March 31.
May 25, 2026
Bitcoin Whales Bet Big, Ethereum ETFs Shatter Records – Crypto News Roundup July 25–26, 2025
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Bitcoin Whales Bet Big, Ethereum ETFs Shatter Records – Crypto News Roundup July 25–26, 2025

Sam Bankman-Fried received a 25-year prison sentence in New York for the FTX collapse. An anonymous trader placed a $23.7 million bull call spread on Bitcoin, betting on a year-end price up to $200,000. Bitcoin reached a record $123,000 on July 14 before consolidating near $118,000. BlackRock’s iShares Ethereum Trust surpassed $10 billion in assets.
July 26, 2025
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Stock Market Today

  • Zuckerberg Admits Using Meta Staff to Train AI Amid 8,000 Layoffs
    May 25, 2026, 12:15 PM EDT. Meta CEO Mark Zuckerberg reportedly admitted in an internal meeting that the company's AI models are trained by observing its own employees, even as nearly 8,000 staff face layoffs. The April 23 announcement revealed a 10% workforce cut, with a month-long waiting period before affected employees were notified, described by staff as "28 days of hell." The layoffs also include the closure of 6,000 open positions. Zuckerberg defended using Meta's higher-skilled employees over contractors to accelerate AI development, highlighting the company's costly shift toward artificial intelligence. This revelation emerged from leaked audio during a tense period for the company, raising ethical concerns around employee treatment amid the AI push.