Category: Latest News
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SEC Explores Blockchain-Based Stock Trading Despite Pushback
The U.S. Securities and Exchange Commission is reportedly working on a framework to allow stocks to be traded using blockchain technology, similar to how cryptocurrencies are exchanged, according to sources cited by The Information. The initiative is considered a key element of the Trump administration’s crypto-focused regulatory agenda, and could potentially enable investors to buy…
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CoreWeave Secures $14.2 Billion Cloud Computing Contract with Meta Through 2031
CoreWeave Inc. (NASDAQ:CRWV) confirmed a new order under its existing Master Services Agreement with Meta Platforms Inc. (NASDAQ:META), locking in commitments of up to $14.2 billion through December 14, 2031. The agreement, finalized on September 25, 2025, grants Meta access to cloud computing resources via reserved capacity orders. Meta also retains an option to extend…
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Lamb Weston Shares Jump After Q1 Results Exceed Expectations
Lamb Weston Holdings (NYSE:LW) saw its shares rise 6% in premarket trading Tuesday after reporting first-quarter earnings that surpassed Wall Street forecasts, supported by a strong potato harvest. The U.S.-based producer of fries and potato products posted adjusted earnings of 74 cents per share for the quarter ending Aug. 24, exceeding analysts’ estimates of 55…
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Circle Internet Shares Rise as Visa Explores Stablecoin Payments Pilot
Circle Internet (NYSE:CRCL) stock gained 3% Tuesday morning after Bloomberg reported that Visa Inc. is trialing a program using Circle’s stablecoins for cross-border transactions. The pilot will leverage Circle Internet Group Inc.’s USDC dollar-backed and EURC euro-backed stablecoins on Visa Direct, the network’s real-time payment platform. The initiative is designed to give banks, financial institutions,…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, U.S. Stocks Could Slip as Government Shutdown Concerns Loom
U.S. stock futures are signaling a modestly lower open on Tuesday, suggesting that equities could pull back after two sessions of mostly gains. Investors may seek to take profits following recent market strength as attention turns to the looming risk of a government shutdown. Lawmakers face a deadline of 12:01 a.m. ET on Wednesday to…
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Bank of America leans toward Brazilian real over Mexican peso in new FX strategy
Bank of America has taken a fresh stance in the currency markets, favoring the Brazilian real (BRL) over the Mexican peso (MXN) due to higher carry and comparatively attractive valuation metrics. The bank initiated a long BRL/MXN position at 3.45, aiming for 3.80 while placing a stop-loss at 3.20, according to a research note published…
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Qualigen Therapeutics shares spike after securing $41M PIPE financing
Qualigen Therapeutics (NASDAQ:QLGN) saw its stock jump 18% on Tuesday after announcing the completion of a $41 million private investment in public equity (PIPE) deal led by Faraday Future Intelligent Electric (NASDAQ:FFAI). The fundraising signals a major pivot for the company, which intends to rebrand as CXC10 and shift its focus toward Web3 and cryptocurrency…
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Draganfly shares jump after U.S. Army contract for drone systems
Shares of Draganfly Inc. (NASDAQ:DPRO) surged 13% on Tuesday following news that the U.S. Army has chosen the company to provide its Flex FPV drone systems. Under the agreement, the drone technology firm will supply advanced Flex FPV (First Person View) drones and assist in setting up local manufacturing at U.S. Forces bases overseas. The…
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CRH shares climb after setting bold five-year financial goals
Shares of CRH (NYSE:CRH) rose 5% on Tuesday morning after the building materials giant outlined aggressive new growth plans at its Investor Day in New York. The company, recognized as a global leader in construction materials and a dominant infrastructure provider in North America, laid out financial objectives for the 2026–2030 period. Targets include compound…
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United Natural Foods shares advance as Q4 results surpass forecasts
United Natural Foods, Inc. (NYSE:UNFI) saw its stock rise 2.7% in premarket trading Tuesday after posting fourth-quarter earnings that topped analyst estimates, despite disruption from a cyberattack during the period. The food distributor reported an adjusted loss of -$0.11 per share, ahead of consensus expectations of -$0.16. Quarterly revenue reached $7.7 billion, beating forecasts of…