Why Could Strategy And Metaplanet Leave MSCI Indexes? Strategy and Metaplanet could be removed from MSCI’s Global Investable Market Indexes under a proposed methodology designed to identify companies whose balance sheets are dominated by non-operating assets rather than traditional business operations. MSCI has opened a consultation on the new eligibility framework, expanding its review beyond
Revolut’s private-market valuation is showing signs of climbing again, with secondary-market pricing indicating an implied valuation of approximately $125 billion — roughly $10 billion above the $115 billion level established through its employee share sale in July. The distinction is important: $125 billion is not a newly announced funding-round valuation. Revolut’s latest confirmed secondary transaction
Robinhood released its July operating data on August 12, and the headline number looked ugly: crypto notional trading volumes of $10.9 billion, down 62% from a year earlier and down 33% from June alone. A year ago, a crypto decline of that size would have pressured the stock. Instead, HOOD rose 4.9% the following session
Europe’s crypto licensing squeeze is real, but the headline number needs updating. The European Securities and Markets Authority’s MiCA register, dated 12 August 2026, contains 329 records covering about 325 named entities. Hedera Chief Policy Officer Nilmini Rubin cited 244 approvals from a universe of more than 1,200 legacy EU crypto firms, according to Finance
S&P Dow Jones Indices announced after Thursday’s close that Reddit (NYSE: RDDT) will replace AvalonBay Communities (NYSE: AVB) in the S&P 500, effective prior to the opening of trading on Tuesday, August 18. The stock closed the regular session at $158.12, up 3.04%, then rose as much as 11% in after-hours trading. It held the
The US Securities and Exchange Commission will meet on Friday, August 14, to consider proposing a new regulatory framework for certain cryptocurrency investment contracts, marking what could become one of the agency’s most consequential crypto rulemakings to date. According to the SEC’s official agenda, commissioners will consider whether to issue proposed rules establishing a “tailored
US cryptocurrency exchange-traded fund flows stabilized on Tuesday, August 11, with spot Bitcoin ETFs recording approximately $4.89 million in net inflows, while spot Ether ETFs posted a modest $1.76 million net outflow. The session represented a sharp improvement from Monday, when Bitcoin and Ethereum funds simultaneously suffered redemptions. Bitcoin ETFs lost approximately $144.6 million on
SanDisk holds its 2026 Investor Day on Thursday, August 13, at 9:00 a.m. Eastern, and it arrives with an unusual burden. Just over a week ago, the company reported one of the strongest quarters in its history, record revenue, record margins, a huge earnings beat, and the stock fell about 8% anyway. The numbers were
Why Did ASIC Take Action Against Yepbit? Australia’s securities regulator has taken down several websites linked to Yepbit after investors reported being unable to withdraw funds from the digital asset and futures trading platform. The Australian Securities and Investments Commission said Wednesday that Yepbit was operating in Australia without the required financial services authorization. ASIC
Nebius Group reported second-quarter results before the open on Wednesday, and the stock surged about 18% to around $233. The report did more than beat estimates. It answered the specific question that had been hanging over the stock through a sharp pre-earnings pullback: whether the company’s enormous spending on AI data centers was outrunning its