AMC CEO Blasts Robinhood Over Tokenized Shares, Threatens SEC Action
AMC CEO Adam Aron calls Robinhood’s AMC stock tokens vile and a fake market, demands a halt, and considers an SEC complaint.
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Tesla Cybercab Hits Austin Roads, Stock Slips as Investors Get Few Details
Public Cybercab rides start Friday in Austin. Analysts split on Tesla’s quiet launch as NHTSA reviews certification of the driverless cabs.
Pulte Orders Fannie Mae and Freddie Mac to Accept VantageScore From All Lenders
The move challenges FICO’s long-standing dominance of mortgage credit scoring. Equifax and TransUnion shares also fell alongside FICO in premarket trading.
Some Chinese Rare Earth Suppliers Stop Shipping to the US Over Geopolitical Risk
Tight supply may help listed firms like MP, USAR and UUUU.
PayPal Trims 4% of India Workforce in Multi-Year Turnaround
PayPal confirmed 220 India layoffs across Chennai, Bengaluru and Hyderabad. The cuts are part of CEO Enrique Lores’ multi-year cost and AI plan.
Circle Internet Rallies After Testimony Urging Full GENIUS Act Implementation
Circle President Heath Tarbert urged Congress to fully implement the GENIUS Act and close offshore loopholes so the dollar stays central to digital payments.