Coinbase Sues Three US States Over Prediction Market Regulation
Key takeawaysPowered by lumidawealth.com Coinbase is suing Michigan, Illinois and Connecticut over attempts to regulate prediction markets. The company argues that...
OpenAI’s New Fundraising Could Value Startup at Up to $830 Billion
Key takeawaysPowered by lumidawealth.com OpenAI is targeting up to $100 billion in new funding, potentially valuing the company at $830 billion....
U.S. Tightens Restrictions on Investment in Chinese Tech Firms
Key takeawaysPowered by lumidawealth.com President Trump signed the National Defense Authorization Act, formally expanding US authority to screen and restrict outbound...
AI-Themed Stocks Slide Further, Dragging Nasdaq Lower
Key takeawaysPowered by lumidawealth.com Nasdaq fell 1.8%, S&P 500 dropped 1.2%, marking the sharpest declines in nearly a month. Major AI-linked...
JPMorgan Quants Warn of Extreme Crowding in Speculative Stocks
Key takeawaysPowered by lumidawealth.com JPMorgan says crowding in speculative stocks has reached the 99th percentile, an “extreme” level. Six stocks flagged...
Europe Becomes the New Sink for China’s Ultra-Cheap Exports
Key takeawaysPowered by lumidawealth.com US tariffs and the end of the de minimis loophole redirected Chinese low-value exports away from the...
Oracle–Blue Owl Split on Data Center Financing Rattles AI Bull Case
Key takeawaysPowered by lumidawealth.com Blue Owl will not contribute equity to Oracle’s Michigan data center, breaking from prior AI infrastructure partnerships....
Elliott Takes $1B+ Stake in Lululemon, Pushes CEO Change
Key takeawaysPowered by lumidawealth.com Elliott Investment Management has accumulated a stake exceeding $1 billion, making it one of Lululemon’s largest shareholders....
US Plans to Expand Social Media Screening for Visa-Free Travelers
Key takeawaysPowered by lumidawealth.com The US plans to require social media histories from the past five years for travelers from visa-waiver...
OpenAI Explores New Funding at $750 Billion Valuation
Key takeawaysPowered by lumidawealth.com OpenAI has discussed a potential funding round valuing the company at $750 billion, according to The Information....
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