Category: Top Story
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DraftKings shares drop as Robinhood reports record options activity
DraftKings Inc. (NASDAQ:DKNG) saw its stock decline 8%, while Flutter Entertainment (NYSE:FLUT) fell 7% on Tuesday, following Robinhood Markets’ (NASDAQ:HOOD) disclosure of strong trading volumes for September and its plans to expand prediction markets internationally. Robinhood reported around 187 million option contracts traded between September 1 and September 25, reflecting the platform’s growing traction among…
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Beam Global shares soar after patent granted for battery thermal management system
Beam Global (NASDAQ:BEEM) shares jumped 8.5% on Tuesday following news that the company secured a patent for its Intelligent Battery Thermal Management (iBTM) system, designed to enable rapid charging of lithium-ion batteries in extremely cold conditions. The U.S. Patent and Trademark Office awarded Patent No. US 12,431,549 for Beam’s technology, which combines a heating element…
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U.S. Job Openings Rise Slightly in August as Hiring Remains Steady
New data from the U.S. Labor Department shows that job openings increased modestly in August, slightly surpassing economists’ expectations. The report could provide one of the last snapshots of the American labor market ahead of a potential U.S. government shutdown this week. The number of available positions, a measure of worker demand, rose to 7.227…
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Consumer Confidence Falls Short of Expectations Amid Economic Caution
The Conference Board released its latest Consumer Confidence report, revealing a modest decline in consumer optimism. The CB Consumer Confidence Index came in at 94.2, missing both the forecast of 96.0 and last month’s reading of 97.8. The lower-than-expected figure signals that consumers are taking a more cautious view of the economy than analysts had…
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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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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…