Bitcoin and major cryptocurrencies dropped after Beijing-based Moonshot AI released Kimi K3, a free, open-weight AI coding model that outperformed Anthropic's Claude and OpenAI's GPT on a key coding benchmark. This challenges the belief that advanced AI remains scarce, expensive, and U.S.-controlled, causing a selloff in AI and semiconductor stocks. Bitcoin now moves closely with AI infrastructure sentiment, as miners pivot to AI data center roles. The full Kimi K3 model will be publicly available on July 27, potentially disrupting AI capital demand and impacting crypto valuations tied to AI growth.
Loans backed by Bitcoin and stablecoins have become eligible within Fannie Mae's mortgage framework through administrative decisions rather than market-driven validation. This development is significant as it represents a major step for crypto credit...
Rosen Law Firm has filed a class action lawsuit against Better Home & Finance Holding Company for allegedly making false and misleading statements about its $1 billion monthly funded volume target during March to May 2026. The lawsuit claims the comp...
HireQuest Inc. is rated Buy due to its asset-light staffing model that cuts costs and boosts profitability. The stock has surged over 80% year-to-date, driven by strong manufacturing hiring and a solid pipeline of national accounts with visibility in...
Royce Global Trust, a closed-end fund focusing on global small- and mid-cap equities using a value approach, reported a one-year total return of 21.7% as of August 31, 2026. The fund invests at least 80% of its assets in equity securities, with a sig...
Advanced Micro Devices (AMD) has been upgraded to a Buy rating following its $8.2 billion acquisition of World Labs, which enhances its capabilities in frontier and physical AI. The deal strengthens AMD's AI ecosystem, brings in top talent, and posit...
