Pusula Portfoy stopped paying redemptions and Turkey’s main index fell 5.5 percent in a day. The rule that triggered it was a good rule — it just gave everyone the same deadline.
Compute futures let AI companies lock in what renting a GPU will cost. Before CME’s Oct. 5 launch, Kalshi’s GPU price curve was reportedly pulled at Commerce’s request.
Thom Tillis supports the Clarity Act, yet he voted no. A Senate do-over rule explains why, and what it would take to bring the crypto bill back.
SpaceX is worth more than $2 trillion but ranked only 19th in the Nasdaq 100. A little-known free float rule explains why, and why that is about to change.
Drones hit a Saudi pumping station and the kingdom’s main Hormuz bypass went offline. Here is why a single site can stop an entire 1,200-km pipeline.
Robinhood’s pay expense jumped from a few million a quarter to $1.01 billion the quarter it listed. Nothing changed but an accounting trigger — and the same one is sitting in Anthropic’s filing.
A consortium led by L Catterton just backed Hyrox’s founders in buying their company back. The races aren’t the asset — the eight-station format is, and thousands of gyms pay yearly to borrow it.
Coyote vs Acme has not earned back the $50 million its distributor paid for it, yet every headline calls it a win. The gap is a bookkeeping story.
Energy Transfer and three affiliates are moving nearly $100 billion of listings from the NYSE to Dallas on October 5. The tickers don’t change and the trading doesn’t move — so what did they actually buy?
Sixteen 2x funds that rebalance six times a day go live in November unless the SEC objects. The multiple was capped. The clock was not.
