Congress Advances Bitcoin Reserve Bill After Broader Crypto Law Fails
House committee advances H.R. 8957 28-21 after Senate blocks CLARITY. The bill would lock seized Bitcoin in a 20-year Treasury reserve.
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#Event-Driven Stocks↓
Nucor and Steel Dynamics Guide Q3 Earnings Higher, Still Short of Wall Street
Higher steel prices, volumes, and metal margins lift the Q3 outlook. One-time Q2 items and weaker recycling keep results short of consensus.
CoreWeave Stock Slides After $3.5 Billion Convertible Plan and 35 Million-Share Program
CoreWeave announced $3B convertibles due 2033, a $500M greenshoe, and a 35M-share ATM. The stock fell on leverage and dilution worries.
SEC Clears Path for Tokenized Stocks After Clarity Act Stalls
The SEC issued a five-year Innovation Exemption so certain platforms can trade tokenized U.S. stocks without registering as exchanges.
INNIO Lands 450 MW Order to Power AI Data Centers Off the Grid
Delivery is expected by 2028.
GF and Marvell Increase Chip Capacity for Next-Gen Data Center Optics
GlobalFoundries and Marvell expand a multi-year deal to add SiGe chip capacity in Vermont for faster, lower-power optical links in AI data centers.