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2026/11/06
Nasdaq 100 Drops 6.36% Amid AI Stock Selloff, CoreWeave Credit Spreads Rise
The Nasdaq 100 lost 6.36% on Thursday during an accelerating AI stock selloff, recording the index's largest daily decline since March 2020. The S&P 500 declined 4.36%. Major index constituents collectively shed more than $2 trillion in market capitalization during the session. Nvidia shares dro...
Nasdaq 100 Rebounds 2% as Payrolls Exceed Forecasts
The Nasdaq 100 advanced 2% to 27,160 on Friday but remained 13% below the index's October 6 record close. The index was approaching its strongest session since September 21 after Thursday produced its worst performance since 2020. October payrolls increased by 165,000 against economists' forecast of
Vistra Shares Rise 10.36% After Q3 Revenue Surpasses Estimates
Benzinga Pro data showed Vistra shares gaining 10.36% to $124.59 at publication on Friday after third-quarter revenue exceeded analyst expectations. Revenue reached roughly $6.35 billion, exceeding the $6.02 billion estimate by 5.36%. Revenue grew 27.68% from around $4.97 billion in the correspondin
Canopy Growth Stock Falls 9% After Q2 Fiscal 2027 Earnings Miss Estimates
Benzinga Pro data showed Canopy Growth shares down 9.03% at $0.61 at publication on Friday after weaker-than-expected results for fiscal 2027's second quarter. Canopy Growth reported a loss of 7 US cents per share, compared with Wall Street's forecast loss of 3 US cents. Canopy Growth generated reve
U.S. CFTC Demands Prediction Markets Restore Nationwide Access, Clashing with Court Orders
The U.S. Commodity Futures Trading Commission has directed prediction market exchanges to restore nationwide access within 30 days or explain why restoration is not feasible. The agency approved and released the legal interpretation late Thursday. The CFTC's position conflicts directly with court or
CFTC Orders Prediction Markets to Restore Nationwide Access
The U.S. Commodity Futures Trading Commission has directed prediction market exchanges to restore nationwide access within 30 days or explain why restoration is not feasible. The agency approved and released the legal interpretation late Thursday. The CFTC's position conflicts directly with court or
Pyth October Report: ARR Rises 18.9% to $13.7M, Data Expansion Accelerates
CoinDesk reports:October data from Pyth Network shows that, despite the crypto market still vying for attention, its business appears to be gaining more traction. The latest report reveals that its annual recurring revenue (ARR) reached $13.67 million, a 18.9% increase month-over-month. More users a
Anthropic’s IPO Outlook Diminishes as Predictive Market Odds Decline
CoinDesk reports:Will Anthropic go public this year?Traders on the prediction market Kalshi have significantly reduced their bets on Anthropic's upcoming IPO announcement.Over the past week, market expectations for the Claude developer to announce an IPO before December dropped from nearly 90% to 57
Coinbase to Suspend ZetaChain Trading for Token Migration in December
Coinbase will suspend ZetaChain trading and transfers on December 7 as the exchange prepares to support the project’s token migration. The conversion will run from December 7 to 10, with eligible holders receiving approximately one ZETA for each existing token. Coinbase will not charge transaction f
U.S. CFTC Demands Prediction Markets Operate Nationwide Despite Court Rulings
The U.S. Commodity Futures Trading Commission is setting up another legal showdown over prediction markets companies who have been ordered by courts to stop doing business in certain states, with the federal regulator saying it's against the rules for exchanges — including Kalshi and Polymarket — to
Investors Pour $118 Billion Into Money Market Funds Amid AI Stock Volatility
Key takeawaysMoney market funds attract nearly $118 billionAI spending concerns drive demand for safer assetsEquity funds continue attracting capital despite volatilityInvestors poured nearly $118 billion into US money market funds during the week ending November 4, marking the largest weekly inflow
Trump Media's $343.67M Bitcoin Transfer Sparks Market Uncertainty; 5 Coins in Focus
Trump Media’s reported $343.67 million Bitcoin movement has increased attention on institutional cryptocurrency holdings, although a completed sale remains unconfirmed.Political scrutiny and potential corporate selling could contribute to short-term cryptocurrency market volatility.SOL, LINK, HYPE,
OpenAI CFO: Data Center Investments Unaffected by Midterm Election
According to ChainCatcher, Sarah Friar, OpenAI’s Chief Financial Officer, said in a CNBC interview on Friday that the company will not alter its AI infrastructure investment plans due to the outcome of the U.S. midterm elections. OpenAI will continue partnering with major hyperscale cloud providers
Nebius Stock Rises 8.84% Amid Market Recovery and AI Sector Rally
Benzinga Pro data showed Nebius Group shares rising 8.84% to $131.01 on Friday at publication time. Nebius recovered some ground after a sell-off earlier in the week. Cloud infrastructure and artificial intelligence stocks also rebounded from Thursday's decline, which followed political developments
SunCar Technology Stock Surges 153% on Profit Forecast and Share Buyback
Benzinga Pro data showed SunCar Technology Group shares trading at $0.39, up 153.64%, at publication time on Friday. The rally followed SunCar's forecasts for revenue growth and a return to profit, alongside a share repurchase announcement. SunCar projects preliminary unaudited revenue of about $426
