CME Group, the world's largest derivatives exchange, intends to sue the U.S. Commodity Futures Trading Commission (CFTC) after it approved Bitcoin perpetual futures trading on Kalshi, a prediction market platform. CME argues that these contracts should be classified as swaps under the Dodd-Frank Act, not futures, and claims that the CFTC's approval blurs regulatory distinctions. CEO Terry Duffy warns that Bitcoin perpetual futures pose risks to retail investors due to high leverage and automatic liquidation, while critics see CME's move as an attempt to block competition from newer crypto platforms. The case highlights tensions between traditional exchanges and emerging crypto markets, with potential implications for regulation and market access in the U.S.
Rockstar Games announced that preorders for Grand Theft Auto VI will start on June 25, reassuring investors after a previous release delay to November 2026. This announcement caused Take-Two Interactive's stock to rise about 5%, reflecting strong inv...
The global Veterinary API Manufacturing Market is projected to grow from USD 7.21 billion in 2025 to USD 18.48 billion by 2035, at a CAGR of 6.94%. Growth is fueled by increasing demand for animal healthcare, rising zoonotic diseases, and preventive ...
Tower Semiconductor has shipped over five million coherent photonic integrated circuits to Marvell Technology, supporting AI-driven data center networks with enhanced bandwidth and efficiency. This milestone reflects Tower's focus on advancing next-g...
W.P. Carey, a major REIT, maintains over 98% occupancy and a 12.1-year average lease term, ensuring steady rental income. Analysts, including UBS, see a 5.79% to 10% upside potential in its stock price, supported by strong financial health such as a ...
Vertiv Holdings Co received an analyst upgrade from Sell to Hold by GLJ Research, reflecting reduced risk and a positive outlook due to breakthroughs in AI data center cooling technology. The company’s ThermoKey business expansion and CoolIt innovati...
