A Hyperliquid testnet deployment using Kraken's name has whitelisted 10 wallets and tested three compliance controls, suggesting Kraken might be exploring permissioned perpetual futures markets via HIP-3. These controls include forced position reductions and collateral transfers, typical of centralized exchange compliance. However, Kraken has not confirmed involvement, and the testnet allows anyone to deploy under any name. HIP-3 enables independent builders to run perpetual markets on Hyperliquid's infrastructure, with new permissioned features potentially allowing regulated operators to combine blockchain settlement with identity checks. Kraken's recent expansion into regulated on-chain markets adds context but U.S. regulatory requirements still limit access for American users. The deployment's future on mainnet and official ties to Kraken remain unconfirmed.
PDD Holdings Inc. will report its Q2 2026 earnings on August 24, with expected EPS of $2.72 and revenue around $16.94 billion. Despite recent stock gains, analysts have mixed views, including an Underperform rating from BNP Paribas and a downgrade by...
JD Sports Fashion reported weaker-than-expected second-quarter sales, especially in North America, prompting a cut in its full-year profit guidance. This led to a nearly 15% drop in its stock price. Analysts from Citigroup, UBS, and Shore Capital mai...
Jones Lang LaSalle's CEO sold 2,000 shares worth over $773,000, yet major investors like BlackRock increased holdings significantly, showing confidence. BlackRock now owns over 10% of the company after a $1.45 billion stake purchase. Other firms also...
Wedbush increased its price target for Scholar Rock to $64 from $58 and kept an "Outperform" rating ahead of the FDA's September 30 decision on Scholar Rock's investigational SMA drug, apitegromab. This drug could be the first muscle-targeted therapy...
IM Cannabis Corp., a medical cannabis company operating in Israel and Germany, will conduct a 1-for-30 reverse stock split on August 27, 2026. This move aims to increase its share price, currently at $0.11, to meet the Nasdaq Capital Market's minimum...
