Broadcom’s stock falls despite upbeat earnings, extending a frustrating stretch for investors
Broadcom shares have gained just 6% so far this year, lagging behind the broader chip sector, which has risen 60%. The company’s outlook offered minimal upside…
HPE follows in Dell’s footsteps as it rides the AI server boom to a big earnings beat
Unlike Dell, HPE focuses on enterprise and sovereign customers, which one analyst noted have a better profit profile. Source:MarketWatch
Snowflake’s stock soars as the company blows away estimates with its AI-fueled forecast
Companies looking to build AI tools on top of their data are turning to Snowflake, driving robust revenue growth. Source:MarketWatch
Kraken parent Payward delays IPO to second quarter of 2027 at earliest
The crypto exchange operator, which confidentially filed for a U.S. listing last November, had already put its IPO plans on hold amid difficult market…
Why Palantir’s stock is suffering its worst slump since February
After a strong postearnings rally in August, Palantir’s rich valuation multiple is under pressure once again. Source:MarketWatch
New Jersey officials petition US Supreme Court over prediction markets
New Jersey’s Attorney General and gaming authorities filed a petition for a writ of certiorari to the US Supreme Court over Kalshi offering sporting event…
Wyoming adds Chainlink reserve verification to state-issued stable token
Wyoming is using Chainlink to bring nearrealtime reserve verification onchain for FRNT as the oracle provider expands its footprint across tokenized financial…
Crypto made new friends in U.S. primaries, but focus now shifts to general election
Adding Massachusetts incumbent Auchincloss to the list of winning primary candidates Fairshake supported, the industry's influence moves on to November.…
New Jersey becomes first state to ask Supreme Court to weigh in on prediction markets
After multiple appeals courts ruled differently about whether states can crack down on prediction markets' sports products, New Jersey asked SCOTUS to step in.…
Ondo urges SEC, CFTC to bring US stock perpetuals onshore
Ondo says existing US securities laws can accommodate perpetual futures tied to individual stocks as regulators look to bring more derivatives activity…
Bitcoin’s apparent demand turns negative as price struggles with $77K
One of Bitcoin’s onchain demand indicators turns negative again after a brief August rebound, as BTC price slipped below $77,000 amid a broader bond and…
Medicare Advantage patients who get diagnosed with Alzheimer’s or other serious diseases are ditching their plans — and it can cost them
The annual Medicare openenrollment period runs from Oct. 15 to Dec. 7. Source:MarketWatch