Berkshire Hathaway's PacifiCorp seeks a 57% electricity rate increase in California, citing wildfire and infrastructure costs. The request could impact utility stocks, Berkshire's earnings, and bond markets, while setting a...
Democrats’ midterm sweep triggered a 5.5% Nasdaq drop and $1 trillion in Magnificent Seven losses on data-center approval fears, before institutions reversed course. Crypto faces a regulatory reset, while the...
Uniswap will support V4 Hooks on Elysium, Hyperliquid's L2, enabling customizable liquidity pools with dynamic fees. The integration, timed with Elysium's mainnet launch on November 9, signals Uniswap's push to...
Saputo expects its $1.7 billion UK dairy division sale to close in H2 FY27 and is creating a dedicated Ingredients Division. The move aims to reduce debt and focus on...
A whale that bought 10,376 ETH at $1,626 in June has returned after five months, spending $19.7 million on 8,775 more ETH at $2,245. The wallet now holds 23,097 ETH...
Brent crude oil recorded its largest weekly decline since the pandemic as the geopolitical risk premium unwound rapidly. The selloff has broad implications for equities, bonds, currencies, and commodities, with...
The White House canceled a meeting of top tech advisors, including CEOs from Nvidia and Meta, amid a sharp selloff in technology stocks and growing uncertainty over AI policy. The...
Bank of Japan Governor Kazuo Ueda said inflation faces upside risks as energy prices pass through, and did not rule out reusing unconventional easing tools if a severe shock hits....
US October nonfarm payrolls surged by 165,000, far above expectations, pushing December rate hike odds to over 80%. The dollar strengthened, Treasury yields rose, and global equities sold off, with...
OpenAI has completed the first close of its latest funding round, raising about $11 billion at a $1.25 trillion valuation, significantly below its original $30 billion target and $1.4 trillion...
Tom Lee and a JPMorgan manager argue the $2.3 trillion AI sell-off is a normal correction, with Lee outlining a case for a 15% Nasdaq rally. The outcome will likely...
Elon Musk has signaled that SpaceX may pursue a significant acquisition to accelerate its challenge to telecom giants. The news has sparked speculation across telecom, aerospace, and credit markets, with...
OpenAI has closed the first $11 billion tranche of its new funding round at a $1.25 trillion valuation, down from earlier targets of $30 billion at $1.4 trillion. The raise...
A record wave of debt issuance tied to AI data centers has overwhelmed bond portfolios this year, pressuring spreads and disappointing investors. With funding needs set to grow and Democrats...
The U.S. Treasury has ordered MEXC Global to be cut off from the American financial system over allegations of processing $16.7 billion in illicit transactions. FinCEN's ban prohibits U.S. financial...
Kestrel Group Ltd reported a GAAP loss per share of $2.09 and revenue of $4.8 million, missing expectations. The results could pressure the stock and raise concerns about the specialty...
Alphabet's Wing plans to invest up to $125 million in a new drone manufacturing facility to scale production and reduce costs. The move signals a shift toward commercialization of drone...
Star Holdings reported a GAAP loss of $3.74 per share, raising concerns about its real estate portfolio and financial health. The loss could pressure the stock and have ripple effects...
TDS has guided 2026 telecom revenue to $990M-$1.01B and capital expenditures to $750M as it accelerates its fiber buildout. The outlook highlights a continued investment-heavy strategy that could pressure near-term...
Delek Logistics Partners raised its 2026 adjusted EBITDA guidance to $530M-$560M, driven by the upcoming startup of its sour gas gathering and processing system in the Permian Basin. The midstream...
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