Meta and Google found liable for $6M in youth social media addiction case. LA jury rules platforms caused harm to children and teens. Both plan appeals.
Browsing: News
Brazil’s Law No. 15,358/2025 grants Central Bank authority to block accounts linked to illegal betting operators and regulate Pix transactions.
ARK Invest sold $11.2M in Meta (META) and Roku (ROKU) shares, purchasing $4.1M in Tempus AI. Tempus now ranks as ARKK’s third-largest position.
CASPR debuts Life Savings program with proposed gambling reforms, state scorecards, and research into GLP-1 medications for addiction treatment.
Reflection AI seeks $25B valuation in $2.5B funding round backed by Nvidia (NVDA). JPMorgan may invest. Details on sovereign AI strategy and market impact.
Brazil unveils R$4.4 billion tax reform targeting fintechs, betting operators, and equity interest as part of 2026 fiscal strategy. GDP growth forecast at 2.33%.
Macau Legend forecasts $200M loss in 2025 following Legend Palace casino shutdown at Fisherman’s Wharf. Asset impairments and employee costs drive deficit.
Broadcom (AVGO) partners with OpenAI on custom AI chips and reveals $100B+ orders for FY2027. Analysts see 48% upside despite recent 24% decline.
CBRE forecasts NYC’s three licensed casinos will generate $4.1B to $5.6B annually, with 70% from gaming. Genting leads with Resorts World expansion.
GameStop (GME) Q4 revenue fell 14% to $1.1B amid digital gaming shift. Net income dropped to $127.9M with $151M digital asset loss. Full earnings analysis.
Intel and AMD shares climbed 7% following news of 10-15% CPU price increases. Find out what’s fueling the semiconductor sector rally and what it means.
Arm Holdings (ARM) stock rallies 16% on AGI CPU launch. Meta, OpenAI among partners. Company targets $15B annual revenue by 2031. Analysts boost targets.
Super Micro (SMCI) stock crashed 33% after DOJ charges. Investors now file class action over alleged fraud tied to illegal China server sales.
BNB recovers to $648 as open interest surges to $923M. Technical analysis shows bullish signals with potential targets at $685 and beyond.
Morgan Stanley is launching MSBT, the first bank-issued spot Bitcoin ETF. With 16,000 advisors managing $6.2T, this could reshape crypto adoption.