Super Micro's unexpected disclosure that revenue and margins could significantly exceed prior expectations triggered a sharp rally in its stock, with peers Dell and HPE also gaining on the news.
Former medical device maker Sharps Technology has offloaded all of its Solana holdings and is deploying $223.8 million in cash to repurchase up to $201.3 million in shares and warrants, signaling a full retreat from its crypto-accumulation playbook.
Tether CEO Paulo Ardoino responded to a bipartisan Senate investigation accusing the stablecoin issuer of supporting Iran's shadow banking, arguing the firm's proactive freezing of suspicious wallets has dramatically reduced illicit flows.
Broadcom, Verizon, UnitedHealth and six other companies have formally objected to having their shares tokenized under the SEC's new Innovation Exemption, signaling deep institutional skepticism toward the OKX-ICE trading venue.
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Bending Spoons shares surged 41% after Berkshire Hathaway disclosed a $330 million stake, bringing its total investment past $900 million. The Milan-based holding company continues acquiring distressed SaaS names at steep discounts while cutting jobs, reshaping the software landscape.
After a Google-linked rally pushed attention back onto nuclear energy stocks, NuScale Power sits near $6 with investors eyeing the growing appetite for nuclear power in data centers and industrial applications as the next potential catalyst.
Beijing is fast-tracking its campaign to expand the yuan's role in global finance, moving well beyond trade settlement toward a broader currency ecosystem that could reshape foreign exchange dynamics.
Chinese government debt has bucked the broader global bond selloff, with fund managers citing a resilient yuan and a weak domestic economy as catalysts for further upside.
A sharp pullback in artificial intelligence stocks and hotter-than-expected inflation data shook markets last week, but strong bank results and a broadening of capital beyond tech are creating fresh opportunities for equity investors.
Global oil benchmarks surged this week, with Brent crude crossing the $110 threshold for the first time since May and WTI posting its steepest weekly percentage jump since July, driven by Middle East supply anxieties and shipping disruptions.
A conflict-of-interest question has emerged around Bo Hines, who drafted landmark stablecoin legislation in the Trump White House while his company Nxum received multi-million-dollar funding from Tether, then joined the crypto giant as U.S. chief.
Japan's benchmark index posted a modest 0.3% gain as market participants made tactical adjustments to their portfolios while awaiting the latest U.S. consumer price data for signals on the Federal Reserve's rate path.
Broadcom, Verizon, UnitedHealth and six other companies have formally objected to having their shares tokenized under the SEC's new Innovation Exemption, signaling deep institutional skepticism toward the OKX-ICE trading venue.
The Crypto.com spin-off joins Coinbase, Kalshi, and Payward in a growing wave of filings to bring non-expiring, cash-settled futures on individual US equities to regulated American markets.
The CFTC has asked a federal court to throw out CME Group's lawsuit, arguing the exchange cannot demonstrate any actual financial harm and that any registered venue is free to list perpetual futures on digital assets.
Global oil benchmarks surged this week, with Brent crude crossing the $110 threshold for the first time since May and WTI posting its steepest weekly percentage jump since July, driven by Middle East supply anxieties and shipping disruptions.
Beijing is fast-tracking its campaign to expand the yuan's role in global finance, moving well beyond trade settlement toward a broader currency ecosystem that could reshape foreign exchange dynamics.
Chinese government debt has bucked the broader global bond selloff, with fund managers citing a resilient yuan and a weak domestic economy as catalysts for further upside.
Advertisement
Former medical device maker Sharps Technology has offloaded all of its Solana holdings and is deploying $223.8 million in cash to repurchase up to $201.3 million in shares and warrants, signaling a full retreat from its crypto-accumulation playbook.
Tether CEO Paulo Ardoino responded to a bipartisan Senate investigation accusing the stablecoin issuer of supporting Iran's shadow banking, arguing the firm's proactive freezing of suspicious wallets has dramatically reduced illicit flows.
A conflict-of-interest question has emerged around Bo Hines, who drafted landmark stablecoin legislation in the Trump White House while his company Nxum received multi-million-dollar funding from Tether, then joined the crypto giant as U.S. chief.
Stock
Super Micro's unexpected disclosure that revenue and margins could significantly exceed prior expectations triggered a sharp rally in its stock, with peers Dell and HPE also gaining on the news.
Stock
Bending Spoons shares surged 41% after Berkshire Hathaway disclosed a $330 million stake, bringing its total investment past $900 million. The Milan-based holding company continues acquiring distressed SaaS names at steep discounts while cutting jobs, reshaping the software landscape.
Stock
A sharp pullback in artificial intelligence stocks and hotter-than-expected inflation data shook markets last week, but strong bank results and a broadening of capital beyond tech are creating fresh opportunities for equity investors.
Stock
After a Google-linked rally pushed attention back onto nuclear energy stocks, NuScale Power sits near $6 with investors eyeing the growing appetite for nuclear power in data centers and industrial applications as the next potential catalyst.
Indicative FX reference rates against the US dollar. · Updated 21 Oct, 00:02 UTC
