WLFI-linked AI Financial warns it may not survive next 12 months after losses balloon to $271 million

[ad_1] AI Financial Corporation, a Nasdaq-listed fintech firm holding World Liberty Financial (WLFI) tokens on its balance sheet, flagged substantial doubt about its ability to continue as a going concern over the... Read more »

Tuttle files for Magnificent 10 ETF, adding AMD, Broadcom, and Palantir to the mix

[ad_1] Tuttle Capital Management is filing for a new ETF that stretches the now-iconic “Magnificent 7” concept to include ten companies. The three additions: Advanced Micro Devices, Broadcom, and Palantir. If you’ve... Read more »

Aletheia raises Nvidia price target to $270 ahead of earnings

[ad_1] Aletheia Capital just bumped its Nvidia price target to $270, up from $250, right before the company reports earnings. The reasoning: AI chip demand remains so strong that Nvidia should blow... Read more »

CME and NYSE lobby CFTC against Hyperliquid amid USDC liquidity risks

[ad_1] Two of the largest traditional exchanges in the world are asking US regulators to put a leash on a decentralized platform that didn’t exist a few years ago. CME Group and... Read more »

CLARITY Act survives near-collapse after last-minute Senate compromise

[ad_1] The most significant piece of crypto market structure legislation in years nearly died on the table before a handful of senators pulled it back from the brink. The CLARITY Act, formally... Read more »

Iran reopens stock market on Tuesday after 80-day closure

[ad_1] Iran’s stock market is set to resume trading on Tuesday after being shuttered for roughly 80 days. The reopening puts millions of retail investors back in the game, and the big... Read more »

Qualcomm drops 13% as chip stocks retreat from AI rally

[ad_1] Qualcomm shares cratered 13% on May 14, closing at $185.42, as the semiconductor sector’s AI-fueled rally ran headfirst into a wall of reality. The drop effectively wiped out a chunk of... Read more »

Themes ETFs files for leveraged version of Roundhill’s DRAM ETF after 98% surge

[ad_1] An ETF that didn’t exist six weeks ago now accounts for a staggering share of all money flowing into US stock funds. Naturally, the next step is a leveraged version. Themes... Read more »

China and US discuss corn purchases ahead of Trump-Xi summit this week

[ad_1] Chinese officials are negotiating with their American counterparts to purchase US corn, with talks intensifying ahead of a Trump-Xi summit expected this week. The negotiations reportedly extend beyond corn to include... Read more »

Hot producer prices torch rate cut hopes and drag crypto lower

[ad_1] The Federal Reserve’s rate cut narrative just took a blowtorch to the face. April’s Producer Price Index surged 1.4% month-over-month, nearly triple what economists had penciled in, and the entire risk... Read more »