Search results for Revenue
Finance
SpaceX IPO draws U.S. retail investors despite overvaluation concerns
SpaceX is moving ahead with an IPO valuing the company at $1.77 trillion, pricing shares at $135, drawing strong interest from U.S. retail investors despite overvaluation concerns. Retail allocation is in the low 20 percent range, above the usual 5 to 10 percent. Fidelity set a $2,000 minimum account balance. Some investors are betting on a first-day surge, while others remain cautious about demand signals and selling restrictions.
Crypto
U.S. crypto Clarity Act clash pits Ripple CEO against JPMorgan\'s business model
Ripple CEO Brad Garlinghouse rebutted JPMorgan CEO Jamie Dimon over the U.S. Clarity Act, saying Dimon is distorting the bill and should be clearer about why he wants to keep the current system. The dispute focuses on a provision allowing platforms such as Coinbase to offer rewards to users who deposit stablecoins. Garlinghouse said JPMorgan opposes the bill to protect its existing business model. The bill has cleared a Senate committee vote but still needs final Senate approval.
Crypto
World Cup to boost prediction markets; Bernstein sees $10 billion in volume
The 2026 FIFA World Cup could generate about $3 billion in additional trading volume in prediction markets, according to an outlook cited by Coinpost. Investment bank Bernstein estimates the expanded tournament could lift total sector betting by up to $10 billion. It said Kalshi leads platforms by volume, while DraftKings may be the biggest beneficiary. It also pointed to crypto-linked operators and projected strong long-term growth for prediction markets.
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Crypto
Audiera\'s BEAT token surges more than 1,500 percent in a month as bitcoin and ether slide
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Telecommunications & Media
Broadcast ad cap raised to 20 percent, mid-roll ad rules eased
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Games & Commerce
Mgame executives buy 100 million won worth of own shares
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Games & Commerce
Wemade signs publishing deal with Madngin for new \'Night Crows\' title, targets launch this year
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AI & Enterprise
Claude ranks second in South Korea\'s generative AI app revenue - Sensor Tower
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Games & Commerce
Kakao Games eyes turnaround with management shake-up and new game push ahead of new top shareholder
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Industry
SpaceX record IPO nears as liquidity pressure concerns emerge
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AI & Enterprise
Why South Korea\'s privacy watchdog hit Coupang with a record fine
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Crypto
Nasdaq-listed Fold sells bitcoin to pay off secured debt; shares surge 162 percent intraday
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Crypto
Bitcoin mining profits plunge, putting $60,000 support under test
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Crypto
Botanix to end Bitcoin layer-2 network, citing limits to revenue generation
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Crypto
Banks move as stablecoins grow in battle to defend digital dollars
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AI & Enterprise
Jensen Huang \"They said it was a discount\" as Broadcom wipeout shakes Nvidia
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AI & Enterprise
Orbital targets 2028 first launch for space AI data centre vision
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AI & Enterprise
Salesforce says it will be a partner for agentic enterprise transition