CoreWeave’s stock soars as earnings show major AI momentum
The AI cloud provider topped revenue and earnings expectations, with its CEO cheering “an important inflection point.” Source:MarketWatch
Lumentum sees sales more than double as AI demand swells
Though Lumentum posted blowout earnings and an upbeat forecast, its stock was largely flat after hours. Source:MarketWatch
Cava reports sales growth even as some customers steer clear of lettuce
Cava Group says some diners have switched up their orders to avoid lettuce, but the fastcasual chain has still been able to sport sales growth despite a summer…
Oracle’s stock has taken a hit as AI spending concerns resurface
A lack of clarity around Oracle’s future AI spending plans is keeping investors on the sidelines, one analyst believes. Source:MarketWatch
Brazil's largest lender Itaú is stepping deeper into the tokenization
Itaú Unibanco said it teamed up with tokenization specialist OpenAssets to test tokenized bonds and funds in a pilot run by Brazil's financial watchdog ANBIMA.…
Social Security expands list of conditions to 314 illnesses for faster disability claims
The “compassionate allowances” list speeds consideration for benefits. Source:MarketWatch
Nvidia just soothed a major market fear about AI, analysts say
Nvidia’s new partnerships with financial players help mitigate concerns that the company is too tightly linked to its customers, according to BofA and Morgan…
ARP Digital secures Dubai VARA broker-dealer license
The license allows ARP Digital to offer regulated digital asset and stablecoin conversions into UAE dirhams as it expands its Gulf presence beyond Bahrain.…
‘I’m dreaming of cocktails at Château Marmont’: I found $100 in my Airbnb’s communal washer. What should I do?
“The landlord has not been here in months, so I assume it was a previous tenant.” Source:MarketWatch
FlightAware sues Kalshi over flight cancellation data
The legal action against Kalshi focused on trademark infringement and injury to its reputation in addition to citing state authorities comparing the company’s…
Coinbase-backed Flowdesk secures full broker-dealer license in Dubai
Flowdesk’s VARA approval follows its MiCA authorization in France as crypto firms build regulated operations across major global markets. Source:Cointelegraph
Bitcoin drops to one-week low as retail buys gold at highest prices since June
Bitcoin price action sank to oneweek lows ahead of US CPI data, while retail investors piled into gold ETFs and XAU/USD hit its highest levels in nine weeks.…