Charles Schwab is reportedly exploring the launch of S&P 500-linked event contracts in collaboration with Cboe. These contracts function like prediction markets, allowing investors to speculate on future market events. This move indicates a growing acceptance of prediction-market style products in mainstream finance, potentially offering new tools for investors to hedge or gain exposure to market outcomes. Further developments and official product launches are expected as the partnership progresses.
Apollo Global Management reported record fee-related earnings of $785 million in Q2, a 25% increase year-over-year, with fee margins expanding to 58.5%. The company saw strong 34% growth in fee-generating assets under management and achieved a record...
In Austria, selling Bitcoin directly between private individuals is taxed the same as sales via crypto exchanges. The taxable event is the capital gain—the difference between sale proceeds and acquisition cost—with a 27.5% tax rate for Bitcoin acquir...
The U.S. SEC has approved Evernorth's registration, clearing the way for its $1 billion Nasdaq listing under the ticker XRPN through a merger with Armada Acquisition Corp. II. Evernorth plans to actively manage its XRP treasury to generate yield and ...
Amprius Technologies is benefiting from strong demand for drone batteries, reporting a 125.7% year-over-year revenue increase and improved gross margins. The company raised its 2026 revenue forecast to at least $140 million and aims for $600 million ...
INmune Bio is considered significantly undervalued with its treatment Ebstrocel for Recessive Dystrophic Epidermolysis Bullosa (RDEB) driving a strong investment case. Ebstrocel offers systemic itch reduction, setting it apart from competitors like K...
