The long-term value of decentralized finance (DeFi) depends on its ability to transform the back-office operations of global banking institutions rather than providing alternative trading environments, according to asset management and banking executives. Speaking on a panel at the Proof of Talk conference in Paris, the executives said legacy financial…
Tesla’s China-made EV sales surge in May amid “initial recovery” in domestic market (TSLA:NASDAQ)
Jun 03, 2026, 5:26 AM ETTesla, Inc. (TSLA) StockLI, BYDDF, BYDDY, GELYF, XPEV, STLA, GELHYBy: Preeti Singh, SA News Editor Xiaolu Chu/Getty Images News Tesla’s (TSLA) China-made vehicle sales jumped nearly 40% in May, outpacing growth in the country’s broader electric-vehicle market as demand showed signs of recovery. The automaker…
Banks’ survey says people don’t want to rock the boat if stablecoin yield risks lending
U.S. banking lobbyists unveiled a survey to back up their campaign against U.S. stablecoins that return yield to their users, seeking to reinforce their ongoing contention with results indicating 57% of people think Congress should stop crypto firms from offering anything that resembles bank interest on stablecoins if it could…
Stock futures fall as U.S.-Iran conflict intensifies (US100:IND:) (US100:IND:) (US100:IND:)
Jun 03, 2026, 4:24 AM ETNASDAQ 100 Futures (US100:IND), INDU, SPXAJG, ACGL, IFF, AVGO, PANW, HPE, US10Y, US2Y, US30YBy: Sinchita Mitra, SA News Editor Stock index futures were lower before the bell after U.S.-Iran engaged in fresh strikes as the fragile ceasefire seemed to have wavered. Nasdaq 100 futures (US100:IND)…
Trump inks executive order for vetting advanced AI models
Jun 03, 2026, 3:40 AM ETGlobal X Artificial Intelligence & Technology ETF (AIQ), ARTY, BOTZ, ROBT, THNQ, CHAT, WISE, WTAI, XT, DTEC, XAIX, OPENAI Stock, ANTHRO Stock, GOOG Stock, GOOGL StockBy: Jessica Kuruthukulangara, SA News Editor Anna Moneymaker/Getty Images News President Donald Trump has signed an executive order to increase…
Franklin Templeton says Wall Street fears blockchain because it threatens its profits
The future of asset management is shifting on-chain, but the transition is exposing a major structural conflict over traditional corporate revenue. Speaking on a panel at the Proof of Talk summit in Paris, Jenny Johnson, CEO of Franklin Templeton, a $1.74 trillion asset manager, openly addressed the industry hesitation to…
UK regulator hits Google search with new conduct rules (GOOG:NASDAQ)
GEO) Concept, Businesswoman using AI Technology for Proactive Search Ranking,Website Data Network Intelligence, Digital Assistant,Online SEO Innovation,Marketing Growth” width=”1536″ height=”1024″ data-caption=”CHOLTICHA KRANJUMNONG” data-id=”2244282110″ data-image-type=”Getty” data-original-src=”https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2244282110/image_2244282110.jpg?io=getty-c-w630″ data-source=”” data-type=”getty-image” fetchpriority=”high”> CHOLTICHA KRANJUMNONG Britain’s competition regulator said on Wednesday it had introduced new conduct requirements for Google’s (GOOG) (GOOGL) search services, including measures…
Prediction market traders bet bitcoin’s selloff has further to run
Prediction market traders are increasingly wagering that bitcoin’s correction is far from over, even after the cryptocurrency tumbled toward $65,000 this week amid mounting pressure from ETF outflows and weakening institutional demand. On Kalshi, traders currently assign a 66% probability that bitcoin drops below $55,000 this year and a 50%…
Ripple-linked token drops 5% even as bullish signals pile up
XRP keeps finding bullish narratives underneath the surface, but price keeps ignoring them. Exchange balances are shrinking, ETF money is still coming into crypto, and Binance inflows have slowed sharply. None of that stopped XRP from losing another support level this week, which is usually a sign that technical selling…
Janus Living prices public offering of 25M Class A-1 shares at $25.00 each
Janus Living prices public offering of 25M Class A-1 shares at $25.00 each Source link