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A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.

Artificial intelligence is expensive for the companies buying AI chips, and it’s expensive for the companies making them, too.

Shares of used-car retailer Carvana Co. jumped about 40% in the extended session Wednesday after a surprise profit and larger revenue for the used-car retailer once on the brink of bankruptcy.

The Federal Reserve’s benchmark interest rate is staying put for now, but a handful of large banks are starting to trim the rates they offer on their high-yield savings accounts.

Exxon Mobil Corp.’s $60 billion takeover of Pioneer Natural Resources is set to be cleared by U.S. regulators, according to reports Wednesday, but there’s a twist involving the latter’s chief executive.

Etsy Inc.’s stock plunged 16% in after-hours trading Wednesday after the company posted quarterly results that included a decline in gross merchandise sales.

Qualcomm Inc. says it’s benefitting as customers look to enable artificial intelligence on their devices, and its stock gained about 4% after hours.

Informatica Inc.’s stock was flat in after-hours trading Wednesday after the software company posted quarterly results.

Online real-estate listing service Zillow Group Inc. on Wednesday forecast second-quarter sales that were below expectations, as a stalled housing market weighs on first-time homebuyer demand and pushes some real-estate agents to the sidelines.

Food-delivery company DoorDash Inc. on Wednesday reported a worse-than-expected first-quarter loss amid signs of a slight slowdown in growth for its large U.S. restaurant business, and it offered a second-quarter forecast for a key demand metric that was just shy of estimates.

An ETF that launched on Monday promises investors 100% downside protection if they hold on to the fund, which is intended to track the S&P 500, for a full year.

U.S. Treasury’s bond blunder will cost young Americans dearly.