DoubleZero has launched a faster, open-access data feed for Kalshi's election markets using dedicated fiber and multicast technology, allowing any subscriber to receive the same real-time order book data. This read-only service improves data delivery speed compared to Kalshi's public internet API but does not enable order execution, which must still occur through Kalshi's platform. The open access aims to level the playing field between professional traders and retail users by providing equal speed of market data. DoubleZero plans to publish performance benchmarks on data delivery speed but will not report on market quality metrics like spreads or liquidity, which remain controlled by Kalshi.
J.Jill reported strong Q2 earnings, beating estimates with $1.24 EPS and $154.83M revenue, driven by sales growth and direct sales increase. Following this, BTIG raised its price target to $25, suggesting a 15.74% upside. The company also raised its ...
BMO Capital Markets initiated coverage of Lululemon Athletica with an Underperform rating and a $70 price target, citing weakening demand in key markets and margin pressures. This follows a 4% revenue decline in Q2 and a reduced full-year forecast. M...
Core & Main reported strong Q2 earnings with EPS of $0.94, surpassing the $0.92 analyst estimate and showing an 8% increase year-over-year. Revenue reached $2.15 billion, slightly above the $2.14 billion expected, supported by robust municipal infras...
Korn Ferry reported strong Q1 results with earnings per share of $1.43 and revenue of $756.5 million, both exceeding analyst expectations and marking continued growth. Despite this, the stock fell due to conservative guidance for the next quarter, wh...
Apple's new foldable phone, the Duo, features a hinge designed using AI and 3D printing to enhance durability and reduce wear. The company uses AI algorithms to match each hinge perfectly with its housing and applies a custom photopolymer layer to sm...
