Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
The price of bitcoin plunged around 12 percent early Thursday morning to about $50,900 after Tesla CEO Elon Musk announced that his company was abandoning plans to accept the cryptocurrency as payment for electric vehicles.
Musk cited bitcoin's high environmental impact with its rapidly increasing use of fossil fuels especially coal for mining and transactions as a reason for the move.
Musk emphasized that coal has the worst emissions of any fuel.
Tesla and Musk were fairly bullish on bitcoin for a few months, investing $1.5 billion in it and floating the idea of accepting payments with the cryptocurrency for its cars.
In late March, Musk tweeted that people "can now buy a Tesla with Bitcoin."
On Wednesday, Musk said Tesla still plans to use bitcoin after the currency finds cleaner energy sources.
Bitcoin isn't the only cryptocurrency Musk has touted in recent weeks. He has also repeatedly hyped the canine-themed dogecoin, tweeting about it to his 54 million followers.
