Nebius and CoreWeave led Nasdaq gains on Wednesday, both surging more than 20% after quarterly results beat expectations and softer inflation data lifted risk appetite. The two AI cloud providers now anchor a sector in which revenue growth and cash burn advance at equal pace. The Results That Powered Both Rallies A
New York City Council has opened an investigation Wednesday into how Kalshi, Polymarket, Coinbase and Gemini Titan advertise prediction contracts to city residents. Speaker Julie Menin announced that she sent letters to the four platforms. They have 14 days to disclose their New York user numbers, marketing methods,
The Intercept and Freedom of the Press Foundation have sued President Donald Trump over Truth API, a subscription service that charges up to $100,000 per month for low-latency access to Truth Social posts.
Forward Industries (FWDI) booked a $69 million net loss for its fiscal third quarter, or $0.80 per share, after writedowns on its Solana (SOL) treasury. The Nasdaq-listed company still grew the asset behind the loss. Its Solana stack grew to more than 7.55 million SOL by June 30, and SOL per share climbed 9% from