Los Angeles’ Staples Center to rebrand to Crypto.com

Published

4 years ago

November 17, 2021

It’s the end of and era for one of America’s most well known basketball stadiums

The Staples Centre in Los Angeles, home to the Lakers and Clippers basketball teams, will become Crypto.com Arena, according to an announcement from the cryptocurrency company late Tuesday.

It’s another sign that cryptocurrencies like bitcoin and ether have become mainstream, despite being highly volatile assets.

The arena, which is owned by AEG, is also home to the WNBA’s Los Angeles Sparks and the NHL’s Los Angeles Kings. The Grammy Awards have been held at the arena since 2000, too.

Crypto.com paid more than $700 million for the 20-year naming rights, according to the Times.

By comparison, the Clippers recently struck a 23-year deal to name their new Inglewood arena the Intuit Dome

According to CNBC, the deal is worth more than $500 million.

The arena is set to open in 2024.

The naming rights deal for SoFi Stadium — which is home to both the Los Angeles Rams and Chargers — is worth more than $600 million, according to Sports Business Journal.

Staples initially signed a $100 million deal in 1997 for the naming rights to the arena, and then signed another deal in 2009.

AEG bought the rights back in 2019, but delayed renaming the arena due to the COVID-19 pandemic, according to the Times.

Middle East crisis: Global markets, tech, and supply chains under pressure

Published

8 hours ago

March 4, 2026

Harvey Vargas

Navigating global uncertainty as the Middle East crisis reshapes markets, technology, and supply chains

The ongoing Middle East crisis is sending shockwaves through global markets, driving energy prices higher and intensifying volatility. Investors are facing growing uncertainty as inflationary pressures mount and risk sentiment shifts. Supply chains are under stress, with key trade routes disrupted, forcing businesses worldwide to rethink logistics, procurement, and operational strategies.

The technology sector is feeling the ripple effects as semiconductors, critical components, and AI infrastructure come under pressure. Volatility in tech stocks is rising, while defence and cybersecurity firms are navigating both new risks and opportunities. At the same time, investment in renewable energy and energy tech could accelerate as companies adapt to energy price surges and seek more resilient solutions.

Brad Gastwirth from Circular Technologies joins us to break down what these developments mean for global markets and long-term strategic planning.

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#MiddleEastCrisis #GlobalMarkets #TechIndustry #EnergyPrices #SupplyChain #InvestorAlert #AI #Innovation

Money

Australia’s inflation report and Nvidia earnings impact explained

Australia’s inflation report sparks market shifts, influencing interest rates, the Aussie dollar, and investor sentiment amid Nvidia’s earnings.

Published

6 days ago

February 26, 2026

Harvey Vargas

Australia’s inflation report sparks market shifts, influencing interest rates, the Aussie dollar, and investor sentiment amid Nvidia’s earnings.

Australia’s latest inflation report is creating waves across the market, with questions about interest rates, the strong performance of the Aussie dollar, and the uneven nature of the stock market rally. Investors are watching closely as changes in carry trade risks this month add another layer of complexity.

David Scutt from StoneX discusses what these shifts mean for trading strategies and the broader economic outlook. He provides insight into how underlying factors are shaping investor confidence and market dynamics.

On the tech side, Nvidia’s upcoming earnings are expected to influence AI development and the broader tech sector. Coupled with trends in SaaS and bitcoin price action, these movements are signalling how investor sentiment is evolving in a fast-changing landscape.

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#AustraliaEconomy #InflationReport #AussieDollar #NvidiaEarnings #AIInvesting #StockMarketNews #BitcoinTrends #SaaSInsights

Money

U.S. stocks rally as AMD, Home Depot, and AI software lead gains

U.S. equities rose as AI disruption fears eased, with Home Depot, AMD, and DocuSign driving tech stock gains.

Published

1 week ago

February 25, 2026

Harvey Vargas

U.S. equities rose as AI disruption fears eased, with Home Depot, AMD, and DocuSign driving tech stock gains.

U.S. tech stocks surged as investors’ fears over AI disruption eased. Advanced Micro Devices jumped 9% after Meta announced a multiyear deal to deploy AMD’s graphics processing units for AI data centres. The move highlights growing corporate confidence in AI infrastructure investments.

DocuSign also rose 3% following Anthropic’s confirmation that Claude Cowork can integrate with DocuSign, Google Drive, and Gmail, signalling stronger adoption of AI tools across industries.

The iShares Expanded Tech-Software Sector ETF climbed 2% despite remaining over 30% below its 52-week high, showing tech stocks are recovering but still have room to run.

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