Chainlink has introduced price feeds for four Coinbase tokenized stocks—Nvidia, Meta, Apple, and Alphabet—on the Base blockchain. These feeds allow decentralized finance (DeFi) protocols like Aave, Morpho, and Euler to use these tokens as collateral for loans, expanding their utility beyond trading. The tokens are backed one-to-one by actual shares held in custody and track total return value including dividends. However, these tokens are not available to U.S. investors due to regulatory restrictions under Regulation S. Platforms are gradually enabling lending and trading markets for these assets, which can be redeemed for underlying shares or cash through Coinbase with compliance checks.
Best Buy reported a strong fiscal Q2 2027 with revenue up 3.6% to $9.78 billion and comparable sales rising 4.1%, surpassing expectations. Adjusted diluted EPS increased 15% to $1.47, helped partly by $34 million in tariff refunds. Following these re...
BP, a major global energy company, is actively managing its portfolio by potentially selling oil and gas assets in Egypt to Energean and investing in new projects like a Halliburton contract in Brazil's offshore field. This strategic move aims to enh...
Evernorth Holdings received SEC approval for its Form S-4 registration, enabling its merger with Armada Acquisition Corp. II and a Nasdaq listing under the ticker XRPN. The merger is expected to raise over $1 billion, making Evernorth the largest pub...
Radiant World, a Singapore-based iron ore trading firm claiming $9.6 billion in revenue, is losing key partners after allegations of invalid invoices surfaced. Major commodity traders like Vitol, Cargill, and Glencore stopped business with Radiant, t...
Cardano's constitutional committee must ratify a governance action by September 6, 2026, to renew four of its seven seats. If not ratified by then, the committee falls below its minimum size of five members, causing a governance standstill where no m...
