Shein shares fall up to 10% after long-awaited trading debut
The fastfashion giant’s stock slumped after four years of public backlash over labor and ethical concerns. Source:MarketWatch
London Stock Exchange to work with Payward to bring biggest UK stocks onchain
The LSE is working with Kraken owner Payward, the developer of the xStocks tokenized equities framework, to bring top U.K.listed stocks onchain. Source:CoinDesk
Trump Jr.-linked 1789 Capital leads Polymarket’s $1B raise: Report
Donald Trump Jr.linked 1789 Capital will reportedly lead a $1 billion investment round into Polymarket, which would value the platform at $21 billion, just…
OpenAI’s ‘Trust Us’ TIME cover raises an old warning for AI bulls
The magazinecover indicator has a messy record, but TIME’s OpenAI cover checks the classic boxes: a mainstream publication, a widely understood theme and a…
Trump Jr's firm leads $1 billion Polymarket raise at $21 billion value: Report
1789 Capital is putting in about $300 million, adding to a roughly $200 million stake, as the prediction market's valuation rises from $15 billion.…
Thailand SEC proposes retail access to regulated overseas crypto derivatives
Thailand’s SEC seeks comments on rules requiring retailaccessible overseas crypto derivatives to trade on qualifying, centrally cleared exchanges.…
This maneuver is boosting oil shipments through the Strait of Hormuz
Middle East oil producers are finding more ways to evade Iranian threats and push more of their product to market. Source:MarketWatch
North Korean hackers are moving tens of millions on Hyperliquid as Trump pushes to onshore the crypto platform
Blockchain data reviewed by CoinDesk shows wallets tied to North Korea’s Lazarus Group sold more than $30 million in bitcoin on the platform in the last three…
Amazon’s stock slips as the FTC alleges billions of dollars in hidden ad fees
Regulators claim Amazon artificially bumped floor prices during peak shopping periods, adding surcharges to merchants’ ad spending. Source:MarketWatch
Jerome Powell still has one vote on whether rates go up — the same as Kevin Warsh
Powell is no longer Fed chairman, but he still has a vote on whether to raise interest rates. Source:MarketWatch
Why Dell’s stock stands to gain from developments at Nvidia and SpaceX
Dell is expected to report sharp growth when it posts earnings on Tuesday, and analysts are upbeat about industry developments that could benefit financial…
Tesla’s stock is leading S&P 500 gainers as investors prepare for a Cybercab launch
The company is seemingly getting closer to rolling out a vehicle that comes without a steering wheel or pedals. Source:MarketWatch