Robinhood CEO Vlad Tenev defended the company's tokenized stock offerings after AMC CEO Adam Aron publicly condemned the tokens representing AMC shares as unauthorized and demanded their trading stop. Tenev explained that these tokens are debt instruments fully backed by actual shares but exclude voting rights, and are issued outside the U.S. under Regulation S, thus not requiring issuer approval. The controversy highlights the tension between traditional companies and new financial products, with AMC currently conducting a legal review of the tokens. Robinhood maintains its token structure complies with regulations and continues to offer these products despite criticism and ongoing scrutiny.
Unilever PLC reported its strongest volume growth in over 15 years with Q2 underlying sales up 5.8% and margin improvements, driven by emerging markets. The company is streamlining its portfolio with potential divestitures and the McCormick deal, aim...
Lighter (LIT), an Ethereum-based token, fell about 14.6% to around $4.52 on September 10, 2026, reversing a recent rally that saw it climb 86% over the past month. The price drop appears to be a pullback within an ongoing uptrend rather than a market...
The PONS token jumped over 16% in 24 hours with trading volumes exceeding $155 million, driven by its dominant 82.5% share of the Robinhood Chain launchpad market. The platform generated $25 million in fees over seven days, allocating 80% of revenue ...
The YieldMax SMCI Option Income Strategy ETF (SMCY) provides weekly income through synthetic covered call strategies on Super Micro Computer, Inc. (SMCI). It offers a high trailing yield of 114%, mainly as a return of capital, making it attractive fo...
Kalshi's political prediction market data has been integrated into DoubleZero's high-speed data network, providing real-time access to election market trades and order book details ahead of the 2026 U.S. midterm elections. Market activity has surged,...
