Robinhood generated $156 million from event contracts in a dramatic jump from the same quarter last year. Robinhood posted record second-quarter net revenue of $1.31 billion, up 32% year-over-year, as activity across prediction markets, options, and equities helped offset a sharp decline in crypto income. The company’s transaction-based revenue jumped 44% to $776 million…
The global memory chip shortage is affecting the availability of Apple’s most popular Mac, according to Bloomberg’s Mark Gurman. Gurman said the shortage — caused by the demands of chip-hungry AI companies — had already affected Apple’s more niche computers, the Mac mini and Mac Studio. But it seems the company is now struggling to…
Trump Media & Technology Group’s Truth API became available to institutional customers on Aug. 1, giving trading firms rapid, machine-readable access to posts from influential Truth Social accounts, including U.S. President Donald Trump’s account. Summary August 1 launch gives institutions millisecond access to influential Truth Social posts with continuous coverage. Schiff and Warren asked the…
Enterprise AI strategies are entering a new phase as executive teams increasingly expect CIOs to demonstrate measurable business value from their technology investments. Organizations should seek ways to deploy it in ways that improve productivity, strengthen security, and deliver return on investment (ROI). As AI becomes part of everyday work, endpoint devices are playing a…
Key Takeaways Victims are planning class-action lawsuits against Coinkite after losing $88 million to the Coldcard wallet bug. Legal experts are sharply divided on Coinkite’s liability, complicating victims’ prospects for recovering funds. These potential product liability cases could establish major legal precedents for crypto hardware wallet makers. Users Prepare To Exert Legal Action Against Coinkite…
A White House teleprompter operator at the center of Trump speech betting allegations is out of government. White House teleprompter operator Gabriel Perez is no longer employed by the federal government after being placed on unpaid leave over allegations that he used insider knowledge to bet on President Donald Trump’s speeches, according to another…
The Odyssey follows Odysseus on his long journey home from the Trojan War. Its viewers, however, are heading in the opposite direction…back to Troy. Christopher Nolan’s epic has quickly become one of the year’s biggest movies. The film opened with $264.1 million worldwide, the largest global debut of Nolan’s career, and earned another $90 million…
Strategy Inc. kept the annual dividend rate on its STRC preferred stock at 12% for August 2026, even though the Nasdaq-listed security ended July more than 10% below its $100 stated amount. Summary 12% annualized dividend remains unchanged for August despite STRC closing July at $89.46 per share. $3.75 billion reserve covers roughly 2.1 years…
To test these new ideas, researchers are exploring the infant universe through simulations. “There’s actually been really remarkable progress since Webb launched, really in the last year or so, on numerical simulations,” Somerville told attendees, adding that these new simulations “perhaps are more appropriate and more informative for interpreting observations in the high-redshift universe.” As…
Key Takeaways Trump said Aug. 2 a Hormuz deal emerged, but Iran denied any agreement. Oil markets stayed volatile as IRGC restrictions kept Hormuz uncertainty alive on Aug. 2. Bitcoin holds steady at $62.5K to $63.1K as traders await verified Hormuz reopening and next U.S. moves. Trump Says a Deal Is Taking Shape, but Iran…
