Investors are awaiting key U.S. economic reports on Friday, including housing starts, building permits, and industrial production, which will offer fresh insights into the economy's health. A speech by President Trump is also on the agenda for market participants.
The investment from the prominent market maker marks Crypto.com's first institutional funding round and signals growing convergence between traditional finance and the digital asset industry.
Federal regulators are investigating President Donald Trump’s teleprompter operator for allegedly using advance knowledge of speeches to trade on prediction market Kalshi, according to sources familiar with the matter.
The digital asset platform secured its first-ever institutional funding round, led by the prominent market maker, to fuel its expansion into tokenized securities and derivatives.
Shares of major semiconductor firms Intel and Micron Technology fell sharply on Thursday as part of a wider downturn in the technology sector. While M&A news and strong earnings boosted some small-cap stocks, negative sentiment weighed on large-cap tech names.
Truist Securities cut its rating on Lululemon Athletica to Sell and lowered its price target to $94, warning that investors are underestimating a range of structural challenges facing the apparel brand.
OpenAI CEO Sam Altman acknowledged a recent period of underperformance, taking personal responsibility while vowing a renewed focus on user empowerment and a move away from the restrictive safety models favored by rivals.
President Donald Trump called on top defense executives to increase the speed and capacity of weapons manufacturing, citing strains on U.S. stockpiles from global conflicts. The call came during a Pennsylvania summit where billions in new defense-related investments were announced.
Alphabet Inc. stock declined after a report indicated its next-generation AI model, Gemini 3.5 Pro, is months behind schedule, fueling investor concerns about its competitive position against rivals like OpenAI and Meta.
