ai-pulse Global Markets See Mixed Signals as Bitcoin Bets Increase and California Budgets Suffer
Despite a downturn in the cryptocurrency market, Abu Dhabi's Mubadala Investment Co. has increased its Bitcoin bets, while Wingstop shares jump on better-than-expected sales and profit. Meanwhile, California school and city budgets are being squeezed by decades-old abuse payouts, and Rio Tinto has raised its stake in a Canadian miner to boost lithium output.