Latest posts
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Standard Chartered-led Anchorpoint launches Hong Kong dollar stablecoin
HashKey Exchange and OSL Group are now authorized distributors, enabling institutional and professional investors to mint and redeem HKDAP tokens.
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Cognition AI Eyes $40 Billion Valuation From New Funding
Cognition AI is reportedly planning a funding round that could more than double its valuation. The artificial intelligence (AI) coding startup is in discussion with investors about the round, which may lift its valuation to at least $40 billion, Bloomberg News reported late Tuesday (Aug. 11), citing sources familiar with the matter. This comes less than three months…
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Mortgage rates finally stop rising, causing demand to trickle back
Mortgage rates finally eased a tiny bit, but it was enough to bring some demand back to a very beleaguered mortgage market.
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Futures Rise Led By Tech Before Key CPI Report
Futures Rise Led By Tech Before Key CPI Report US: Futures are higher, led by Tech as AI infra earnings boost the theme while the Semis trade was bid overnight led by a surge in Korea’s Kospi. As of 7:45am ET, S&P futures are up 0.2% ahead of today’s CPI report, while Nasdaq futures gain…
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Hasan Piker’s “Touch Of Death”? Far-Left Francesca Hong Loses Wisconsin’s Dem Primary For Governor
Hasan Piker’s “Touch Of Death”? Far-Left Francesca Hong Loses Wisconsin’s Dem Primary For Governor Milwaukee County Executive David Crowley narrowly won Wisconsin’s Democratic gubernatorial primary on Tuesday night, defeating far-left state lawmaker Francesca Hong despite her backing from Marxist streamer Hasan Piker. David Crowley, who reentered the Wisconsin governor’s race after securing the endorsement of…
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Lovable raises $400m backed by EU’s Scaleup Fund
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Drone startup Uforce targeting upwards of $4bn valuation in new raise, sources say
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10 Wednesday AM Reads
My mid-week morning reads: • I Vibe Coded a Security Risk: The app worked. Nobody, including me, had checked whether it was safe. “The feature is live lol” — a sentence written with a genuinely nervous laugh, immediately after the code-review agent explained what had just shipped. (Every) • America’s Mortgage King Lost $600 Million and……
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Hims & Hers’ Revenue Beat Came With a Profitability Problem
Hims & Hers topped Q2 revenue estimates and raised guidance, but missed EPS forecasts, posted a wider net loss, and faces an FTC lawsuit, leaving Wall Street cautious with a Hold rating.
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A Westinghouse IPO Could Reset the Nuclear Stock Conversation
Cameco-backed Westinghouse Electric has filed confidentially for a potential IPO, a move that could ease Cameco’s debt load and boost investor interest in nuclear stocks like NuScale Power and Fluor.