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Two more firms quietly file for IPOs amid SpaceX buzz
TheStreet83d agoneutral
Two more firms quietly file for IPOs amid SpaceX buzz

In 2025, several crypto companies made their public debut amid the market rally. The stablecoin giant Circle Internet Group (NYSE: CRCL), the institution-focused crypto exchange Bullish (NYSE: BLSH), and the Gemini crypto exchange (Nasdaq: GEMI) executed their initial ...

Michael Saylor moves $30 million in Bitcoin
TheStreet83d agoneutral
Michael Saylor moves $30 million in Bitcoin

Strategy and its executive chairman, Michael Saylor's "never sell" stance, had become almost gospel in the Bitcoin (BTC) community. But on May 5, he dropped a bombshell that the company is considering selling Bitcoin. Now, a few weeks later, the company made a major Bitcoin move, hinting ...

India Doubled Tariffs on Silver and Gold Imports To Protect a Plunging Rupee; Will Foreign US Treasury Bond Dumping Cause the US To Follow Suit?
24/7 Wall St.83d agoneutral
India Doubled Tariffs on Silver and Gold Imports To Protect a Plunging Rupee; Will Foreign US Treasury Bond Dumping Cause the US To Follow Suit?

In Mid-May, India’s Prime Minister Narendra Modi publicly urged Indian citizens to avoid buying physical gold and silver for a year. Soon afterwards, India increased its import tariffs on precious metals from 6% to 15%. This is yet another sign that the physical silver shortage is escalating, which should bode well for ETFs that hold ... India Doubled Tariffs on Silver and Gold Imports To Protect a Plunging Rupee; Will Foreign US Treasury Bond Dumping Cause the US To Follow Suit?

Kinder Morgan vs Williams Companies: Both Crush Earnings, But Take Opposite Paths
24/7 Wall St.83d agoneutral
Kinder Morgan vs Williams Companies: Both Crush Earnings, But Take Opposite Paths

Kinder Morgan (NYSE:KMI) and Williams Companies (NYSE:WMB) just closed the books on record 2025 results, and both pipeline operators are pointing the same firehose of capital at LNG exports and data center power demand. The way they are doing it, however, looks quite different. One is leaning on a $10 billion pipeline backlog. The other ... Kinder Morgan vs Williams Companies: Both Crush Earnings, But Take Opposite Paths

Bloomberg83d agoneutral
Ships Attacked in Strait of Hormuz This Week, Chevron Says

(Bloomberg) -- Several vessels transiting through the Strait of Hormuz have been attacked in recent days, underscoring the “very real” risks that remain for shipowners in the Persian Gulf whether or not a peace accord is signed, Chevron Corp. Chief Executive Officer Mike Wirth said. Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceSpaceX Said to

CFTC Approves Bitcoin Perpetual Futures Trading in U.S. at Coinbase, Kalshi
The Wall Street Journal83d agoneutral
CFTC Approves Bitcoin Perpetual Futures Trading in U.S. at Coinbase, Kalshi

The Commodity Futures Trading Commission has approved the listing of a bitcoin perpetual futures contract at Kalshi, while allowing Coinbase’s U.S. customers to access its global perpetuals through an affiliate. Perpetual futures are a type of highly-speculative derivative that never expires and allows traders to use massive leverage to amplify gains or be exposed to big losses. Coinbase, the largest crypto exchange in the U.S., said domestic customers can soon trade crypto perpetual futures listed on Deribit, the crypto options exchange it bought last year, through an affiliate.

Dell’s Big Quarter Wasn’t Just About AI—Heard on the Street
The Wall Street Journal83d agoneutral
Dell’s Big Quarter Wasn’t Just About AI—Heard on the Street

Dell has been benefitting from strong AI demand for a while now. Dell’s share price soared nearly 30% Friday morning following the company’s fiscal first-quarter results. Dell’s market capitalization now exceeds the combined value of competitors Hewlett Packard Enterprise, HP, Super Micro and Lenovo.

Brookfield Infrastructure Could Quietly Cash In on the Coming Rail Megamerger
24/7 Wall St.83d agoneutral
Brookfield Infrastructure Could Quietly Cash In on the Coming Rail Megamerger

North America’s freight rail map is about to be redrawn. The proposed merger of Union Pacific (NYSE: UNP) with Norfolk Southern (NYSE: NSC) would create the first transcontinental railroad, and the Surface Transportation Board review will almost certainly require divestitures of regional lines, yards, and equipment. Investors fixate on the operators. The more interesting question ... Brookfield Infrastructure Could Quietly Cash In on the Coming Rail Megamerger

Robinhood CFO Shiv Verma on Q1 earnings, prediction markets and growth
Stocktwits83d agoneutralVIDEO
Robinhood CFO Shiv Verma on Q1 earnings, prediction markets and growth

Robinhood CFO Shiv Verma provides insights into the company's first-quarter earnings, emphasizing the health and engagement of retail investors. He details the performance of new offerings such as prediction markets and the Gold credit card, and outlines Robinhood's long-term strategy to become a global financial ecosystem, focusing on active traders and wallet share.

Robinhood CFO Shiv Singh on Q1 earnings, prediction markets and growth
Stocktwits83d agoneutralVIDEO
Robinhood CFO Shiv Singh on Q1 earnings, prediction markets and growth

Robinhood CFO Shiv Singh provides insights into the company's first-quarter earnings, emphasizing the health and engagement of retail investors. He details the performance of new offerings such as prediction markets and the Gold credit card, and outlines Robinhood's long-term strategy to become a global financial ecosystem, focusing on active traders and wallet share.

How rail mega-merger moved ahead, and STB avoided making history
FreightWaves83d agoneutral
How rail mega-merger moved ahead, and STB avoided making history

The Surface Transportation Board gave conditional approval of the Union Pacific-Norfolk Southern revised merger application, but asked for more information. The post How rail mega-merger moved ahead, and STB avoided making history appeared first on FreightWaves.