CME Group announced it will introduce financially-settled Micro E-mini options for the S&P 500 and Nasdaq-100 starting June 29, pending regulatory approval. These new contracts are one-tenth the size of existing E-mini options and feature short-dated expiries from Monday to Friday, offering traders more accessible and capital-efficient tools. The financial settlement simplifies operations by removing the need for futures delivery at expiration. This launch builds on the success of CME's Micro E-mini suite, which has seen over 2.6 billion contracts traded, enhancing market access and risk management for investors.
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ERock, Inc. received a buy rating due to its innovative modular natural-gas power systems that help data centers avoid long waits for permanent grid power. The company has a strong $1.3 billion backlog supported by customer deposits, providing clear ...
IBM's business model remains strong despite a 7% decline in mainframe infrastructure revenue, supported by loyal legacy customers and solid free cash flow. Software growth, especially an 11% increase in Red Hat revenue, helps offset mainframe challen...
BMW is recalling 29,119 plug-in hybrid sedans due to a potential fire risk caused by corrosion in the engine starter's electrical relay. This defect can lead to a short circuit and overheating even when the vehicle is parked with the ignition off. Th...
