Markets
Bullish, Alpaca, Apex Fintech Form Coalition for Issuer-Backed Tokenized Stocks
Five firms launch the Issuer Sponsored Token Coalition to establish standards for tokenized shares directly linked to official shareholder registers, following a recent SEC innovation exemption.
CFTC Clears Tokenized Assets and Blockchain Records for Regulated Firms
The U.S. derivatives regulator updated its guidance, saying tokenized forms of permissible assets can be treated equivalently and blockchains satisfy recordkeeping obligations.
New York sues Polymarket over alleged illegal gambling
Attorney General Letitia James files lawsuit against prediction markets platform, alleging violation of state gambling laws.
SEC exemption caps on‑chain trading of tokenized stocks as Robinhood’s AMC token spikes
Robinhood’s AMC token diverged sharply from the NYSE price after hours, prompting debate over wrapped versus issuer‑sponsored token models under the SEC’s new five‑year exemption.
TP Names Benoit Gabelle as New Group CFO to Drive Transformation
Benoit Gabelle takes over as Group Chief Financial Officer at TP, a global digital business services provider, to accelerate its AI-driven transformation and investor relations.
Crypto Casino Duelbits Offline After $7 Million Hot Wallet Hack
Duelbits confirmed a roughly $7 million breach of its hot wallets across four blockchains and shut down its platform while it investigates. User funds are reported safe.
IG Design Group shareholders back 1p dividend, new directors at AGM
IG Design Group PLC shareholders approved a final 1-pence dividend and elected two new directors at its annual meeting, with near-unanimous support across all 13 resolutions.
H.B. Fuller Q3 2026 Results Show Margin Expansion Amid Volume Declines
The adhesive maker reported adjusted EPS of $1.52, topping analyst expectations, while revenue came in slightly below forecasts. Margins widened on pricing gains and cost‑saving actions, even as volumes fell.
Smithfield Foods Stock Hits 52-Week Low at $18.89
Pork producer touches session low of $18.89 as shares fall more than 63% from their 52-week high, despite recording a record operating profit in the second quarter.
Regency Centers Stock Falls to 52‑Week Low of $21.05
The REIT’s shares slipped to their lowest level in a year, reflecting a 10% decline over the past 12 months while offering a 6.8% dividend yield and a PEG ratio of 0.64.
Miami International Holdings shares hit 52‑week low of $35.42
The stock fell to $35.42, a 38% drop from its 52‑week high, after Morgan Stanley cut its rating and price target despite a record Q2 revenue beat.
Essential Properties Realty Trust hits $26.46 low amid year-on-year decline
Stock falls 9.91% over 12 months as dividend yield holds at 4.76% and analysts set targets between $30 and $40.
Zhibao Technology Signs MOU With DeSyn Protocol for BTCfi Products
InsurTech firm partners with DeSyn Labs to develop Bitcoin-denominated yield products and institutional BTCfi infrastructure.
Gaming stocks dip as Meta unveils AI game‑building tools
Meta announced AI‑powered Horizon Create and Horizon Studio at its Connect conference, sending Unity down 5% and pulling Roblox and AppLovin lower.
Lincoln Electric Outlines Growth Strategy Amid 9.3% Revenue Growth
The welding and automation leader highlights operational improvements, M&A plans, and pricing adjustments to sustain mid-single-digit CAGR through 2030.
Proto Labs Stock Surges to 52-Week High at $93.25
Company reports record Q2 revenue, adjusted EPS beats estimates, and raises full-year outlook amid analyst upgrades.
Cerrado Gold Highlights Production Pipeline at Emerging Growth Conference
The gold producer pointed to cash flow above CAD 100 million at Don Nicolás, a CAD 15 million funding round, and development timelines for assets in Portugal and Quebec.
Bitcoin climbs above 365‑day moving average, analysts watch 200‑day level
Bitcoin reclaimed its one‑year simple moving average after 310 days below it, a move that historically preceded varied 12‑month returns. Analysts say sustaining the price above the 200‑day average is a more reliable bullish signal.
Former OpenAI Data Center Head Joins Nvidia as DSX VP
Chris Malone, who led OpenAI’s data center infrastructure, now oversees Nvidia’s DSX Platform, following his departure amid executive departures in August.
Third Point Reinsurance Hits Record High on Strong Earnings, RBC Upgrade
SiriusPoint shares surge to all-time high of $26.49 after second-quarter operating EPS beat estimates, while RBC Capital initiated coverage with an Outperform rating.
Dollar hits two-month high as Swiss franc, yen weaken on hawkish Fed outlook
The dollar rose 0.14% to 101.27 for a fourth straight daily advance, pressing the franc to its lowest level since May 2025, as Fed officials opened the door to further rate increases.
JPMorgan Picks European Chemical Stocks as China Pressure Mounts
JPMorgan highlighted Novonesis as its top long in European chemicals, citing strong organic growth and ROIC above 20%, while retaining underweight ratings on BASF and Wacker over valuation concerns.
SoFi Moves $25B Card Program to Stablecoin Settlement With Mastercard
The bank's migration to SoFiUSD-backed settlement runs alongside a Visa pilot hitting a $7 billion annualized run rate, signaling a quiet shift in how card networks settle obligations.
MicroSalt launches retail offer to raise up to £100,000
MicroSalt PLC is offering up to 714,285 new ordinary shares at 14p each, targeting £100,000 and part of a broader £1.5 million fundraising round.
Knife River acknowledges activist letter from Starboard Value
Knife River said it received a letter from activist investor Starboard Value, welcomed dialogue and reaffirmed its growth strategy since its 2023 spin‑off.