HOOD​​​​​​​ transformed from an upstart stock-trading app that became famous in the early months of Covid into an S&P 500 giant and a direct competitor to Fidelity and other online brokerages. 

This analysis compares China’s official GDP against alternative activity indicators, highlighting a growing divergence. While official figures remain steady, satellite data and trade proxies suggest a more significant economic cooling.

Strategy (previously known as Microstrategy) reported a net loss of $12.4 billion for the fourth quarter of 2025 after Bitcoin fell from about $120,000 to roughly $89,000 over the period, according to CoinDesk.