Amazon stock gains 2.3% as Wall Street reassesses $200B AI spending. AWS growth and easing investor concerns drive the rally despite free cash flow pressure.
Browsing: Crypto
The SEC has delivered a crypto classification framework to the White House OMB, proposing clear definitions for which digital assets qualify as securities.
Boeing stock climbs modestly as analysts set $290 target. Critical 737 MAX and 777-9 certifications key to recovery amid debt and execution risks.
SEC’s enforcement director Margaret Ryan resigns after six months amid reported conflicts over crypto cases and enforcement approach under new leadership.
Delaware unveils stablecoin licensing framework and banking modernization bills to regulate digital assets and update financial laws unchanged for decades.
Alibaba stock rises after unveiling Accio Work, an AI agent automating B2B operations including VAT processing, customs, and supplier management globally.
TRON DAO scales AI investment fund to $1B, targeting agent identity, payments, and tokenized assets as the agentic economy gains momentum.
Hostplus, Australia’s $105B pension fund, explores offering crypto investments through Choiceplus platform as member demand grows amid volatile markets.
Spotify stock climbs after podcast workforce cuts signal strategic shift to video content, cost efficiency, and multi-platform distribution approach.
Balancer Labs dissolves after $128M hack, while DAO continues protocol operations with zero BAL emissions, buyback program, and streamlined focus.