StockTwits, founded in 2008 by Howard Lindzon and Soren Macbeth, is a leading social media platform designed specifically for investors and traders to share real-time market insights, ideas, and strategies. Headquartered in New York City, the company pioneered the use of "cashtags" (e.g., $AAPL) to organize financial discussions, initially integrating with Twitter before evolving into a standalone network.
Fortune reports that the GENIUS Act is impacting the $900 billion remittances market, making crypto-native companies harder to contest with Western Union and MoneyGram.
If market structure rules remain loose, yield-bearing stablecoins could cause $6 trillion in deposit outflows, squeezing SMB credit and raising borrowing costs, according to BofA CEO Brian Moynihan.
According to a Bloomberg report, the U.S. Federal Trade Commission is looking to scrutinize the practice of large tech companies hiring startup employees instead of acquiring the company.
U.S. President Donald Trump has previously said that he was looking to introduce a one-year 10% cap on credit card interest rates after pointing out that the current rates were exorbitantly high.
Micron’s CEO Sanjay Mehrotra signalled confidence in AI demand for memory in an interview with CNBC TV, highlighting that memory growth is at the heart of everything AI drives.
Super Micro Computer’s shares rose amid broader gains in the semiconductor industry after Taiwan Semiconductor Manufacturing Company delivered blowout quarterly results earlier this week.
Epcoritamab demonstrated an improvement in progression-free survival in certain patients with relapsed or refractory (R/R) diffuse large B-cell lymphoma, the company said.
Sulaiman Ghori, Member of Technical Staff at xAI, said in a YouTube interview published on Thursday that Musk promised an employee a Cybertruck if they get a training run on GPUs within 24 hours.
In its filing, Venus Concept revealed that Madryn Asset Management had acquired a 91% stake in the company, purchasing 18.8 million shares of the company’s common stock.
Nukkleus completed the acquisition of Nimbus Drones Technologies and Marketing through the issuance of 1.85 million shares and a $3.25 million convertible note.
Tesla stated that the Office of Defects Investigation has extended the timeline set for reporting its findings on the potential traffic violations by Tesla cars, which had the company’s Full Self-Driving system engaged.
The United Kingdom’s Medicines and Healthcare products Regulatory Agency on Friday announced that it had approved a maximum dose of up to 7.2 milligrams a week for Novo’s Wegovy earlier this month.
According to a CoinDesk report, Senate committees are planning to get back to the discussion table with crypto industry leaders on Friday, following the bill’s delay earlier this week.
Amazon said its 2024 investment in Saks was conditioned upon the latter entering into a commercial agreement with the e-commerce giant to sell Saks products on its website.
Tom Lee in annual shareholder meeting said the Bitmine would easily make a 10 times return on its $200 million investment in famous youtuber MrBeasts’ company.
Hassett in an interview to Fox Business rejected concerns that he would lack the ability to swing other central bankers to support his views if he gets the job.
