The CFTC Says the Case Should Never Have Been Brought. The Judge Says Gemini Still Has to Live With the Settlement
A friendlier regulatory climate does not reach backwards. Court orders survive changes in agency leadership.
Zcash Rose 11% While Its Only US ETF Lost $15 Million, Which Tells You Who Is Not Buying
Solana gained 3% on the ninth straight day of fund withdrawals. The bounce is happening outside the regulated vehicles.
MSCI Has Now Put Two Emerging Markets on Notice, and Indonesian Stocks Fell the Most in 28 Years
At Sohn Tokyo the bullish pitches all rested on pricing power or defence. The bearish one was EV battery overcapacity.
The World Can Build 142 Million Cars and Will Sell 85 Million, and Capacity Is Still Going Up
Sixty-three listed automakers earned $106 billion last year. Apple earned $141 billion.
Nscale Has $103 Billion of Contracts and Has Built Under 1% of Its Capacity, and Wants $3 Billion This Month
Firmus had built 5% and was refused twice. CoreWeave's swaps now price a 60% chance of default.
Some AI Companies Are Funding Candidates Who Want Strong Federal Regulation, Which Is Not the Contradiction It Appears
Federal rules that preempt local ones would help companies facing municipal moratoria. Light-touch advocates want no constraint at all.
Netflix Hires the Executive Who Merged Fox Into Disney, Months After Losing Warner Bros. to Skydance
Emmy wins at a decade low, 1,000 layoffs, and a $20 billion content budget aimed at a competitor whose content...
Yields Fell in a Week When Inflation Surprised Upward, Because AI Is Now Big Enough to Outweigh It
The Nasdaq 100 shed 3%, bonds had their best week since February, and Fed communications turned the most hawkish since...
Mortgage Rates Have Risen 75 Basis Points in Eight Weeks, and Pending Sales Just Hit Their Lowest Since 2014
At 7.4% the rate is near its 45-year average. The speed of the move is what's doing the damage.
A Network Disruption in One New Jersey Facility Is Affecting Every Nasdaq US Equity Feed
Seven weeks before Nasdaq extends trading into a 9pm to 4am overnight session.
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