OSL HK adds state-issued USDKG, a gold-backed stablecoin, to its regulated digital asset platform for professional investors. OSL Group’s Hong Kong-licensed exchange OSL HK has listed USDKG, a stablecoin backed by physical gold reserves and issued by the Kyrgyz Republic. T
U.S. stock futures dip after Nvidia's earnings report, while Trump prepares an AI-focused executive order impacting tech regulation. U.S. stock index futures edged lower Thursday following Nvidia’s latest quarterly earnings report, which traders are assessing for signs of
Global cryptocurrency market capitalization rises as equities rebound, boosting investor risk appetite. The total cryptocurrency market capitalization increased by 1.3% to $2.59 trillion, driven by a recovery in global stock markets. The uptick reflects renewed investor co
SpaceX estimates its total addressable market at $28.5 trillion, driven by AI software, matching U.S. economic output. SpaceX has identified a total addressable market valued at $28.5 trillion, approaching the size of the U.S. economy, according to its IPO prospectus. The
Company reaffirms fiscal 2026 net sales guidance of $1.125 billion to $1.147 billion after mixed quarterly results. Shoe Carnival reported first-quarter revenue of $270.7 million, exceeding expectations by $3.4 million despite a 2.5% year-over-year decline. Non-GAAP earnin
XNDU partners with Yorkville Advisors to sell up to $300M in shares without a traditional underwritten offering. Xanadu Quantum Technologies (Nasdaq: XNDU) has established an at-the-market (ATM) equity program allowing it to sell up to $300M in shares to Yorkville Advisors
The Euro fell below 0.8642 against the Pound as weaker-than-expected Eurozone PMIs contrasted with stronger UK activity. The Euro retreated to a 10-day low against the British Pound, slipping below 0.8642 after preliminary PMI data highlighted diverging economic trends. Th
Long-term U.S. inflation expectations measured by 5y5y swaps rise toward European levels, supporting the dollar and Treasuries. U.S. long-term inflation expectations, tracked via 5y5y inflation swaps, are closing the gap with Europe as markets price sustained disruption ri
April’s UK PMI figures fell sharply, reversing a brief uptick and raising concerns over persistent inflation and weak growth. UK Purchasing Managers’ Index data for April revealed a sharp decline, erasing gains from the previous month and signaling a slowdown in economic a
U.S. 5y5y inflation swaps climb back to year-start levels, narrowing the gap with Eurozone and UK expectations by up to 10bp. U.S. long-term inflation expectations, tracked via 5y5y swaps, have rebounded to early-year levels after a 15bp dip during the conflict. The shift
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