Connecticut has filed a lawsuit against Kalshi, aiming to halt its sports-event contracts. The state argues these contracts constitute unlicensed sports wagering, violating gambling and consumer protection laws. This legal move could impact Kalshi's operations and the broader market for event-based trading. The outcome will be closely watched by regulators and investors alike.
Sandisk and Kioxia announced plans to invest over $31 billion in their memory manufacturing facilities in Japan. This investment represents about 60% of what they have spent there over the past 25 years, signaling a major expansion in their productio...
Upstart Holdings, Inc. reported a 50% year-over-year increase in loan originations in Q2, reaching 558,014 loans, fueled by its AI-powered platform and strong demand for personal loans. The company is also improving channel conversion rates and expan...
XRP price dropped about 7% over the past week to $1.36 after a strong August rally that saw it rise over 30%. This pullback comes despite record weekly inflows of $110.49 million into U.S. spot XRP ETFs, indicating mixed market sentiment. Technical i...
Bitmine Immersion Technologies increased its Ethereum holdings by 53,501 ETH, bringing its total to nearly 5.9 million ETH, or about 4.9% of the circulating supply. This move comes as Ethereum's price surged roughly 33% in August, reaching around $2,...
IREN Limited has contracted over $4 billion in AI Cloud annual recurring revenue, with its 2026 capacity nearly fully booked and 2027 discussions progressing. The company’s three-year pricing exceeds $20 million per megawatt, and customer prepayments...
