Fed’s Kashkari says crypto is ‘utterly useless’

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, offered a blunt take on digital assets, arguing that cryptocurrencies, including bitcoin BTC$67,255.75 and stablecoins, have yet to prove real utility. Speaking at the 2026 Midwest Economic Outlook Summit in Fargo, North Dakota on Thursday, he contrasted the everyday utility of artificial intelligence (AI) tools…

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Back open-source AI to guard digital autonomy: Mistral CEO

Mistral CEO Arthur Mensch New Delhi: Warning about concentration risk from a few companies dominating AI, Arthur Mensch, co-founder and CEO of Mistral, said India should support open-source models and collaborate with global startup labs and researchers to maintain strategic autonomy and ensure the country benefits from AI-driven productivity and economic growth. Speaking at the…

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Stocks making the biggest moves after hours: AKAM, OPEN, LYV

Check out the companies making headlines in after-hours trading. Akamai Technologies — Shares of the cloud computing company dropped almost 8% in the after-hours session after Akamai gave disappointing first-quarter guidance. Akamai said it sees first-quarter adjusted earnings ranging between $1.50 and $1.67 per share, compared to the $1.75 per share consensus estimate from analysts…

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