The US Senate failed to advance the CLARITY Act on Tuesday, falling short of the 60 votes needed to invoke cloture and, with them, short of even a simple majority.…
Category:
Business
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Sandisk stock fell about 5.3% to $1,546 in Monday afternoon trading, putting the flash-memory company near the center of a global semiconductor selloff that has hit memory-related names particularly hard.…
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The PIF SpaceX stake is the largest Gulf position in Elon Musk’s rocket company that anyone can actually verify: Saudi Arabia’s Public Investment Fund reported 154,146,835 SpaceX Class A shares,…
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The popular WDC stock prediction this month starts from the wrong premise: that Western Digital “crashed on record earnings” because the AI storage trade is finished. The tape says otherwise.…
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The European Central Bank raised its deposit rate to 2.50% on Thursday, but the more important move for currency traders came after the decision, when President Christine Lagarde refused to…
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U.S. Bank has completed a live pilot transaction using USBDC, its proprietary U.S. dollar-backed stablecoin, moving a cross-border payment between its entities in North America and Europe. The transaction ran…
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Securitize and Socios.com have agreed to develop regulated tokenized equity offerings representing minority interests in professional sports teams. The announcement describes a framework for future offerings, not a completed issuance:…
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A change in Washington could alter which credit score your mortgage lender pulls — and how much that score costs. Federal Housing Finance Agency Director Bill Pulte instructed Fannie Mae…