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Kalshi, Polymarket win pause against Minnesota's prediction market ban
A federal judge ruled that Minnesota's law criminalizing prediction markets would probably violate the federal Commodity Exchange Act. Source:CoinDesk
New York AG warns CLARITY Act could weaken state crypto enforcement
New York Attorney General Letitia James said the federal crypto market structure bill could restrict state regulators and urged Congress to impose stronger…
Nvidia’s potential new deal with OpenAI would revive a spooky tech-bubble habit, analyst warns
Investors are fretting over a report that Nvidia could backstop an OpenAI datacenter lease, in what would be the largest such arrangement yet.…
More cracks emerge in AI-related bonds as Meta, Microsoft earnings loom
‘The money has to come from somewhere,’ says Bryce Doty at Sit, of pressure heavy AIdebt supply and the rest of the bond market Source:MarketWatch
Apple reclaims title of world’s largest company after historic stretch of outperformance
Apple’s stock is on track to see its best monthly performance in more than two decades relative to the Nasdaq100. Source:MarketWatch
Small Business Forum’s Report to Congress Highlights Recommendations to Improve Capital-Raising Policy
The Securities and Exchange Commission released a report to Congress today highlighting policy recommendations from the SEC’s 45th Annual GovernmentBusiness…
‘I know what he wants to do,’ Trump says of Fed’s Warsh, as president presses for rate cuts
New Federal Reserve Chair Kevin Warsh “wants to do the right thing” but is facing a Fed board that might oppose him, the president said. Source:MarketWatch
Crypto’s favorite $90 trillion trading product is coming to Wall Street, but big banks are taking it slow
Regulated perpetual futures are officially landing in the U.S., but while agile trading firms and crypto exchanges race to capture massive retail demand,…
Digital asset trading platform Uphold cuts 17% of global headcount as crypto winter bites
The crypto trading platform said the layoffs reflect a strategic shift toward its fastgrowing enterprise business. Source:CoinDesk
Micron and other chip stocks fall as China steals the spotlight
CXMT had a strong public debut in Shanghai, and now investors are weighing the prospect of a manufacturing breakthrough that could make China’s chip industry…
Should you get paid to care for a family member?
Serving as a family caregiver isn’t just exhausting. It can be financially devastating, as well. Source:MarketWatch