Super Micro Computer (SMCI) co-founder pleads not guilty to smuggling Nvidia servers to China. Stock down 23% YTD. Trial set for November 2.
Browsing: News
NASA’s Artemis II mission launched successfully, boosting space stocks up to 9%. SpaceX valued at $1.3T plans IPO. Learn what this means for investors.
Beyond Meat (BYND) stock plunged 12% after Q4 revenue dropped 19.7%. Jefferies slashed its price target to $0.70 on cash burn and demand concerns.
Belgium’s gambling revenue declined 4.86% to €1.61B in 2024—the first yearly drop since the pandemic, driven by new age limits and bonus restrictions.
Iran attacked an Amazon (AMZN) AWS data center in Bahrain, the second strike on the company’s regional infrastructure. 18 U.S. tech firms now at risk.
Archer Aviation (ACHR) jumped 5% Tuesday despite missing Q4 forecasts. Institutional ownership climbs past 59% as FAA accepts eVTOL plans.
Evoke Plc announces closure of 200 William Hill betting shops from May 2026 following UK gambling tax hikes, affecting 15% of its retail portfolio.
JPMorgan Chase explores prediction markets under strict guidelines, ruling out sports and political betting while focusing on economic indicators.
Sweden’s Spelinspektionen outlines comprehensive technical and financial measures to block unlicensed gambling operators from Swedish market access.
Estée Lauder (EL) stock declined 2% premarket as Bloomberg reports merger talks with Puig advance, potentially creating a $40B luxury beauty powerhouse.
Alberta launches regulated online gambling July 13, ending state monopoly. Private operators face CAD 200K fees and 20% revenue tax in new iGaming market.
Wall Street commits billions to prediction markets like Polymarket and Kalshi, but legal questions about gambling vs. financial products remain unresolved.
Gold plunged 4.3% and silver fell 7% after Trump’s Iran speech disrupted markets. UBS holds firm on $5,000 gold forecast despite sharp selloff.
Oil prices jumped nearly 7% with Brent crude exceeding $107 after Trump announced escalated Iran operations. Stock futures fell over 0.8% on the news.
Lufthansa stock tumbles after Morgan Stanley downgrade citing fuel hedging issues and possible grounding of 40 aircraft amid Middle East supply crisis.