DoubleZero Edge now distributes Kalshi's election market data over a dedicated fiber network, providing faster access than Kalshi's public internet API. This service is read-only, meaning it does not allow order execution, only data delivery. Co-founder Austin Federa emphasized that the faster data feed is openly accessible to anyone willing to subscribe, addressing concerns about unfair advantages for professional traders. While faster data may help market makers tighten spreads and improve prices, DoubleZero focuses on delivering the data transport layer and will publish performance benchmarks on delivery speed, not market quality. Subscribers can easily access the feed via a paid subscription without complex sales processes. This development supports more equitable access to high-speed market data ahead of the U.S. election season.
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...
Copper Quest Exploration plans a private placement to raise up to C$850,000 by issuing 10.6 million units at C$0.08 each, led by major investor Concept Capital Management. Each unit includes one share and a warrant exercisable at C$0.13, expiring in ...
