Coinbase Global Inc. (NASDAQ:COIN) stock rose nearly 5% on Friday as Bitcoin rebounded and Wall Street analysts updated their price forecasts for the cryptocurrency exchange. Broader markets also traded higher Friday. The Nasdaq gained 0.33%, while the S&P 500 rose 0.36%. Bitcoin Rebound Supports Coinbase Stock Bitcoin (CRYPTO: BTC) climbed 1.52% over the past 24 […]

Anduril Industries laid out a $3.7 billion plan to build a Maryland shipyard aimed at turning out key hardware for the U.S. Navy’s Virginia-class submarines. The effort pairs private spending with a potential multibillion-dollar Navy deal, giving the defense tech company a bigger role in the submarine supply chain. The Navy also awarded a contract […]

Texas Attorney General Ken Paxton is probing UnitedHealth Group Inc. (NYSE:UNH) over accusations of unlawful and deceitful methods that allegedly block residents from receiving essential medical care. Investigating Unlawful Healthcare Practices The investigation centers on numerous reports that the health insurer mismanaged insurance benefits and patient-care choices. Among the allegations, authorities claim the company improperly […]

Amazon Web Services, the cloud unit of Amazon.com Inc. (NASDAQ:AMZN), will invest more than $1 billion over five years in U.S. communities that host its data centers, as local opposition to AI infrastructure intensifies. The company said on Friday that the money will fund education, job training, energy affordability and water and energy preservation. It […]

Economist and author Saifedean Ammous on Thursday said Strategy’s (NASDAQ:MSTR) Bitcoin treasury model may be impossible for any other company to replicate. Why Strategy Has No Real Competitor Ammous told Cointelegraph’s Proof of Thesis podcast that holding cash-flow-positive earnings in Bitcoin (CRYPTO: BTC) as a long-term treasury strategy is a sound business model with room […]

Anthropic is heading toward one of the most closely watched AI IPOs ever, and GraniteShares is preparing a way for traders to bet against it from day one. The ETF issuer has filed for the GraniteShares 2x Short Anthropic Daily ETF (ANS), which would seek -200% of Anthropic’s daily stock performance once the Claude maker […]

TikTok has reached a settlement with Alabama over allegations that the platform was designed to addict children and mislead consumers about the safety of its platform. The state will receive a minimum of $100 million within 45 days and has the potential to get up to $300 million if certain unspecified conditions are met, according […]

JPMorgan Chase has issued a vote of confidence in U.S. real estate. On Thursday, September 24, the bank upgraded three real estate investment trusts (REITs) from Neutral to Overweight. The timing is contrarian. The 10-year Treasury yield sits near 5.11%, and the Real Estate Select Sector SPDR ETF (NYSE:XLRE) is a notable laggard, up just […]