Julie Chang

I'm Julie Chang for The Wall Street Journal.

Prices for Bitcoin and other major cryptocurrencies are facing fresh pressure.

Their prices dropped early today, extending a recent losing streak amid broader market volatility.

Bitcoin recently traded at about $83,100, down around 1%.

According to Dow Jones market data, the digital token was on pace for its lowest end-of-day level since April, based on 4pm ET prices.

Ethereum is trading at around $2,700, down nearly 3%.

Apple exited its latest quarter with very lean inventory due to high demand for its latest iPhone lineup.

That's according to CEO Tim Cook.

He said during a call with analysts that the company is now chasing supply to meet that demand, and it's tough to predict when it will catch up.

He said Apple is having trouble getting enough production capacity for the most advanced processing chips that power its latest products.

And LG Electronics fell into the red after three profitable quarters, ending 2025 on a weak note amid sluggish demand recovery and rising business costs.

The consumer electronics giant posted a net loss of about $507 million in the fourth quarter, worse than analysts expected.

LG's media entertainment solution division, which includes TVs and displays, posted an annual operating loss.

Meanwhile, its home appliance, auto component, and business-to-business units remained profitable.

Costly restructuring efforts, including an early retirement program for employees, also weighed on the South Korean company's bottom line.

And that's your TNB Tech Minute.

We'll be back this afternoon with more.

Here's your afternoon TNB Tech Minute for Thursday, January 29th.

I'm Julie Chang for The Wall Street Journal.

We exclusively report that Amazon is in talks to invest up to $50 billion in OpenAI.