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Wall Street Rises as Yields Ease; Moderna Lifts Healthcare
Wall Street edged higher as Treasury yields eased, with a sharp rally in Moderna shares lifting the broader healthcare sector.
Bitcoin Surges Toward $70K as $1.14 Billion in Crypto Shorts Get Rekt in an Hour
Bitcoin spiked to an intraday high near $69,749 as more than $1.14 billion in leveraged short positions were forcibly liquidated in a single hour, extending a 9.3% weekly gain ahead of a White House c
Cantor Fitzgerald Launches Institutional Trading on Kalshi
Cantor Fitzgerald announced it will offer institutional clients trading access to prediction market platform Kalshi, becoming one of the first major Wall Street firms to broker block trades on event c
CFTC imposes 5-year trading ban on Ellison and Wang
The CFTC filed consent orders Tuesday imposing five-year trading bans on former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang, resolving the agency's civil enforcement actions aga
Bitcoin Surges 6% to 11-Week High on Treasury Buyback Doubling
Bitcoin surged 6% to an 11-week high of $69,749 after the US Treasury announced it would at least double its debt buyback operations, but analysts cautioned the rally is "unfunded" given thinning stab
Navi Raises $100M From Prosus At $1.3B Valuation
Navi, the fintech startup founded by Flipkart co-founder Sachin Bansal, raised $100 million from Prosus in its first institutional funding round, at a roughly $1.3 billion valuation.
Moderna Stock Doubles on Merck Melanoma Vaccine Results
Moderna's stock more than doubled after the company reported its Merck-partnered melanoma cancer vaccine cut recurrence in a large late-stage trial, sending shares sharply higher across coverage.
Crypto Long & Short: Where DeFi yield really comes from (and why it broke this spring)
Solstice Finance's David Plisek argues that most of the $13 billion lost in DeFi this spring came from yield strategies quietly failing rather than from hacks, and that headline yield figures obscure
Target Earnings Double, Outlook Hiked. TGT Stock Jumps To A High. - Investor's Business Daily
Target's quarterly profit nearly doubled and the retailer raised its full-year outlook, sending TGT stock to a high; the biggest contributor was a roughly $1 billion tariff refund, not stronger consum
Monzo Outage Breaks Backup Service, Users Locked Out
Monzo suffered a technical outage that left customers unable to make card payments or transfers, with its promised backup service also failing for many users who reported still being locked out of the
RBC Hires Caroline Mulroney as Vice-Chair
Royal Bank of Canada has hired former Ontario cabinet minister Caroline Mulroney — daughter of late PM Brian Mulroney — as vice-chair to deepen client relationships globally as the lender expands in t
Zhibao Raises $154.7M in All-Bitcoin PIPE Deal
Nasdaq-listed Chinese InsurTech firm Zhibao Technology closed a $154.7 million PIPE financing funded entirely with 2,380 Bitcoin contributed directly to its corporate wallet — an all-crypto structure
Treasury Doubles Debt Buybacks to Calm Long-End Bond Rout
The Treasury Department, led by Secretary Scott Bessent, will at least double the size of its government debt repurchases in the 10- to 30-year segment starting September 9, sending long-end yields sh
How India taxes stock market income: investor vs trader, ITR forms
Tax experts explain that Indian stock market income is taxed differently depending on whether activity is classified as investment or business trading, with ITR-3 required for those with both, and del
US Treasury Doubles Long-Term Bond Buybacks
The US Treasury announced it will double its buyback operations for long-term government debt, sending long-dated Treasuries higher as yields fell across outlets.
Treasury Ups Debt Buybacks, Yields Drop
The U.S. Treasury increased its buyback of longer-term debt, reducing bond market stress and helping push stock markets higher as yields declined.
Nvidia's $500B compute-as-asset pitch, decoded
Nvidia and six Wall Street giants are working on $500 billion in financing to rebrand GPU-backed loans as a new 'compute' asset class, despite CEO Jensen Huang's previous insistence that older chips l
Unitree Surges 600% in Shanghai Stock Debut
Chinese humanoid robot maker Unitree surged roughly 600% in its Shanghai stock market trading debut, a blockbuster pop that comes despite U.S. restrictions on the company and that outlets frame as the
The Magnificent 7 are struggling. Don't let them sink your 401(k) - USA Today
The Magnificent Seven tech stocks are mostly falling, with Meta posting the biggest drop in the group, as multiple financial outlets spotlight alternative investment strategies for concerned investors
SEC Proposes 'Regulation Crypto Assets' Rules
The SEC proposed 'Regulation Crypto Assets,' a framework for crypto investment contracts, with Commissioner Peirce calling it an important step past 'inapt' prior rules. The move fills a void left by
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