Fintech

Since the end of last year, 11 billion event contracts have been traded on Robinhood’s platform which allows investors to wager on sports, politics, and other categories.

Banks can now settle transactions with Visa using Circle Internet Group’s USDC.

Lemonade, Moelis, and Bank of Montreal are showing constructive technical setups.

Disney embraces AI in licensing deal, Broadcom beats earnings expectations, Trump administration targets financial industry watchdog, more news to start your day.

Warner Bros. Discovery stock jumps as Paramount Skydance launches a hostile bid, just days Warner Bros. reached a deal to be bought by Netflix. Paramount rises sharply and Netflix tumbles.

Warner Bros. Discovery rose after Netflix agreed to buy the entertainment company for $72 billion.

San Francisco-based SoFi said it planned to use the net proceeds from the offering for general corporate purposes, including enhancing its capital position.

Shares of the fintech are down nearly 70% this year.

A report says Meta Platforms, the Facebook parent, plans to cut up to 30% of its Metaverse budget.

J.P. Morgan upgrades Toast stock and downgrades PayPal and Fiserv heading into 2026.

Job losses raise hopes for rate cut, Salesforce’s AI agents are picking up corporate customers, PayPal forecasts slower growth, and more news to start your day.

Marvell jumps after the chip maker beats Wall Street’s earnings targets and announces the acquisition of an AI start-up.

The payments company expects its branded checkout service to grow more slowly in the fourth quarter. Other segments look brighter.

MongoDB shares surge after the document database company raises guidance, and Janux Therapeutics craters on new trial data for a novel cancer drug.

The firm is now permitting customers to invest in cryptocurrency exchange-traded funds and mutual funds.

The Bank of Japan on Monday raised the likelihood of a rate hike, which could impact the Yen carry trade as it relates to Bitcoin purchases.

The $11.7 million purchase brings Strategy’s total holdings to 650,000 Bitcoins.

Synopsys jumps after Nvidia invests $2 billion in the company’s common stock, while Tesla follows Chinese electric-vehicle makers to the downside after the companies issue deliveries for November.

The investment manager’s daily trading file, posted on social media site X, revealed a tranche of pre-Thankgiving trades. 

“We wear your loathing with pride,” Tether CEO Paolo Ardoino said in a post on X addressed to S&P.

The online brokerage will launch a futures and derivatives exchange with Susquehanna International Group.

Digital assets have traded sideways since the start of the week, despite tech stocks getting a boost over the same period.

Nvidia and AMD shares fall following a report of Meta Platforms considering Google’s AI chips.

All three of the stocks rallied more than 5% on Monday as investors piled into Bitcoin and other risk-on assets.

The Bitcoin treasury company typically buys cryptocurrency each week.