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Shares of voice AI recognition company SoundHound (NASDAQ:SOUN) jumped 17.2% in the afternoon session after the company reported strong fourth-quarter results, surpassing analysts' revenue expectations. Revenue more than doubled year-on-year, reflecting continued growth in its AI voice technology business. However, profitability missed due to a $221 million non-recurring charge. Given the recent sharp declines in the stock, expectations were likely low, and the stock traded up.

Bitcoin's price dropped amid tariff impacts, while the SEC cleared Gemini, Patrick McHenry joined a VC firm, and Swan Bitcoin faced a lawsuit from Tether over financial disputes.

U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by one to 593 in the week to February 28, its highest since June. Despite this week's rig increase, Baker Hughes said the total count was still down 36 rigs, or 6% below this time last year.

DTTM Operations filed a trademark application that hints at software that manages crypto, NFTs and virtual reality services.

Regulatory clarity may provide a boost for DeFi projects.

Gen Z is not just the next wave of workers—it’s a generation poised to redefine the workplace.

(Bloomberg) -- Investors have pulled a record $3.3 billion from US spot-Bitcoin exchange-traded funds in February, poised for the biggest monthly exodus since they debuted, as investors sought refuge in safer assets amid rising geopolitical tensions and persistent inflation concerns.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNY

Major U.S. equity indexes wavered between gains and losses at midday Friday after a key measure of inflation showed price pressures easing as anticipated.

Plus: Bybit fallout, stablecoin wrangling, Ethereum Foundation changes.

Investors who piled billions into new bitcoin ETFs over the last year are pulling some of that money back out as the world’s largest cryptocurrency experiences its worst correction since a 2022 meltdown.