A former White House teleprompter operator accused of placing bets on the Kalshi (KALSHI) platform using inside information obtained from Donald Trump’s speeches has been ordered to pay nearly $173K as part of a settlement with the Commodity Futures Trading Commission. Source link
Glencore takes $480M provision for Radiant World risk (GLNCY)
thamerpic/iStock Editorial via Getty Images Glencore (GLNCY) has taken a provision of roughly $480M to account for its exposure to iron ore trader Radiant World, which is facing a liquidity squeeze amid concerns that it allegedly provided falsified documents to banks, Bloomberg reported on Saturday. Source link
The next trillion-dollar currency may not be a stablecoin — it might not even have a name yet
AI agents are coming. They will need to pay each other. Crypto executives agree on the problem but disagree sharply on the solution, and one thinks the answer has not been invented yet. Source link
Insider trades: Alibaba, IBM, Coca-Cola among major names
Insider trades: Alibaba, IBM, Coca-Cola among major names Source link
Earnings Scoreboard: All 18 S&P 500 firms top EPS estimates as Y/Y growth holds
Key growth drivers include accelerating demand for AI, data center and cybersecurity products, digital transformation, custom silicon, and emerging technologies like AI PCs and project intelligence, as seen in companies like CrowdStrike, Nvidia, Marvell, HP, Best Buy, and Autodesk. Source link
Tokenized assets are busier than the data shows
When you strip out what was never mobile, correct for who’s holding what and why, add back what works off-contract, the utilization of tokenized assets looks close to 20%, argues Katana’s Matthew Fisher. Source link
Wells Fargo in gainers; IREN, PayPal in losers: week's financials wrap
Wells Fargo in gainers; IREN, PayPal in losers: week's financials wrap Source link
Robotaxi reveal: Tesla's Cybercab takes the stage next week
Robotaxi reveal: Tesla's Cybercab takes the stage next week Source link
I asked ChatGPT if Greggs shares price will crash 50%. It said this…
Image source: Getty Images Greggs‘ (LSE:GRG) shares have jumped nearly 30% from their November lows. Despite this, the FTSE 250 stock is still down 40% in two years and remains one of the most shorted in the UK. In other words, some sophisticated investors are betting that Greggs has much…
In 2 years from now, £1,000 in Lloyds shares could be worth…
Image source: Getty Images Lloyds‘ (LSE:LLOY) shares have certainly given investors reason to celebrate over the past two years. Back in late August 2024, the shares were trading around 58p. Since then, they’ve catapulted past the £1 mark to reach today’s level around 112p. That’s a two-year return of 93.1%,…