Prospect Prediction Markets Inc. has signed a definitive agreement with OG Prediction Markets and Crypto.com to launch event-based prediction markets in the US, focusing on sports. This move taps into the rapidly growing prediction markets sector, which saw monthly trading volumes surge to over $50 billion in June 2026, driven by major sports events like the FIFA World Cup and NBA Finals. The partnership will allow Prospect Brokerage USA LLC to offer regulated sports event contracts through Crypto.com's CFTC-registered platform, aiming for a launch ahead of the NFL and NBA seasons in Q3 2026. This strategic entry positions Prospect Markets to capture significant growth in a market expected to reach $240 billion in 2026 and potentially $1 trillion annually by 2030.
Incyte Corporation is evolving from relying mainly on its Jakafi drug to becoming a diversified biotech company with multiple late-stage pipeline assets. Its 2Q26 results showed a 17% increase in underlying net sales, broad portfolio growth, and stro...
TORM plc has increased its share capital by issuing 22,666 new Class A shares following the exercise of Restricted Share Units (RSUs). The shares were subscribed for in cash at prices between DKK 139.90 and DKK 195.50 per share, raising the company's...
Bitcoin's price fell 1.44% to $77,475 and Ethereum dropped 2.11% to $2,419, with Bitcoin dominance steady at 59.1%. On-chain data suggests that large holders, or whales, are distributing rather than accumulating, likely taking profits amid modest pri...
Hydreight Technologies reported Q2 revenue growth of 12% quarter-over-quarter to $28 million, missing expectations and raising doubts about meeting its full-year 2026 revenue target of $150 million. The company's gross margin declined to 19.4% due to...
Investors filed a class action lawsuit against Innventure, Inc. alleging the company fabricated a major AI data center project with DarkNX in Ontario, which was central to its revenue projections. The lawsuit claims Innventure misled investors by ove...
