Bitcoin's recent weakness reflects a broader rotation into AI, IPOs and other momentum trades rather than concerns about Michael Saylor's bitcoin sales, according to Charles Schwab's Jim Ferraioli.

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Crypto

Bitcoin isn't crashing because of Saylor, it's losing the momentum trade

CoinDesk2026.06.03

Bitcoin isn't crashing because of Saylor, it's losing the momentum trade

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Tech

Uber slashes people division by nearly a quarter. CEO says 'changes are necessary'

ZivFin Analysis2026.06.03

Uber said the cuts were not driven by AI, which has allowed many tech businesses to cut costs and automate workloads.