JPMorgan Chase cut its banking relationship with prediction market Polymarket in October 2025 due to regulatory concerns, particularly a Commodity Futures Trading Commission (CFTC) enforcement action restricting U.S. customer access. Despite this, Polymarket maintains some business ties with JPMorgan and is working with a new lender. Polymarket is also under investigation by the New York City Council for alleged deceptive marketing and targeting minors. The company is seeking to resume U.S. operations under a regulated structure and is in talks to raise about $1 billion in funding at a valuation above $20 billion.
SpaceX stock experienced significant volatility over the past month, with prices fluctuating between $104.83 and $225.64, currently trading near $149. Despite a recent 9.14% drop, the stock remains above its IPO price of $135. The company reported st...
J.P. Morgan Asset Management has made its tokenized money market funds, My OnChain Net Yield Fund (MONY) and JPMorgan OnChain Liquidity–Token Money Market Fund (JLTXX), available on the Solana blockchain for qualified U.S. investors. This move enhanc...
America's four largest banks—JPMorgan Chase, Citigroup, Wells Fargo, and Bank of America—have all recently increased their dividends, with yields ranging narrowly around 2.3%. Despite similar payouts, their financial health varies significantly. JPMo...
SpaceX shares surged over 8% following a strong Q3 earnings report that beat revenue and EPS expectations, with revenue hitting $14.58 billion versus $12.72 billion forecast and EPS at $0.45 versus $0.13 expected. Analysts responded positively, with ...
Goldman Sachs, JPMorgan Chase, and Morgan Stanley have earned a combined $52 billion in equities trading revenue this year, capturing nearly 80% of the top-five banks' total $67 billion. This surge is fueled by strong hedge fund borrowing to leverage...
