Robinhood said the SEC ended an investigation into its crypto unit in what appears to be another move by the Trump administration to undo an aggressive approach to that industry.
Australian regulator pushes market operator ASX on fee transparency, competition
Australia's corporate regulator said on Tuesday the country's stock market operator would be required to publish a comparison of clearing and settlement fees against foreign providers and justify any fee increases, in a bid to promote competition. The Australian Securities and Investments Commission (ASIC) said ASX, responsible for some A$5 billion ($3.2 billion) of trades a day, must ensure its clearing and settlement services were offered in a transparent and non-discriminatory way. "This is about limiting ASX's ability to misuse its monopoly power to deter new entrants," ASIC Chair Joe Longo said in a statement.
Bitcoin could ‘definitely surpass’ gold’s market cap by the end of 2025, says Bitget CEO
Bitcoin’s market cap stands at $1.87 trillion, while gold's market cap is approximately $19.9 trillion. For BTC to match gold, it would need to increase by around 965%, or 10.65x its current value.
Watch These Tesla Stock Price Levels as February Slump Accelerates
Tesla shares fell again Monday, extending a recent slump that has made the stock the weakest performer in the Magnificent 7 so far in 2025.
Trump teases 'economic development' with Russia as he marks the third year of the war in Ukraine
President Donald Trump added a new wrinkle to ongoing talks that he says may help end the war in Ukraine: new "economic development" with Russia.
Primoris (NYSE:PRIM) Reports Bullish Q4, Stock Soars
Infrastructure construction company Primoris (NYSE:PRIM) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 14.9% year on year to $1.74 billion. Its non-GAAP profit of $1.13 per share was 51.2% above analysts’ consensus estimates.
US says OKX crypto exchange operator enters $505 million guilty plea
The operator of the OKX cryptocurrency exchange pleaded guilty on Monday to violating U.S. anti-money laundering laws and will pay nearly $505 million in fines and forfeited fees, the U.S. Department of Justice said. It entered its plea at a hearing before U.S. District Judge Katherine Polk Failla in Manhattan, who imposed the sentence. OKX is the world's fourth-ranked cryptocurrency spot exchange based on traffic, liquidity, trading volumes, and confidence in the legitimacy of reported trading volumes, according to CoinMarketCap.
Stock market today: Nasdaq, S&P 500 slide as tech lags after Trump backs tariff plans
Stocks are eyeing a rebound as investors eye tariff risks to Nvidia in the countdown to its earnings
Myriad Genetics (NASDAQ:MYGN) Misses Q4 Sales Targets, Stock Drops
Genetic testing company Myriad Genetics (NASDAQ:MYGN) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 7.1% year on year to $210.6 million. The company’s full-year revenue guidance of $850 million at the midpoint came in 1.5% below analysts’ estimates. Its non-GAAP profit of $0.03 per share was in line with analysts’ consensus estimates.
FARO (NASDAQ:FARO) Exceeds Q4 Expectations, Stock Soars
3D measurement and imaging company FARO (NASDAQ:FARO) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales fell by 5.4% year on year to $93.54 million. The company expects next quarter’s revenue to be around $81 million, close to analysts’ estimates. Its non-GAAP profit of $0.50 per share was 25% above analysts’ consensus estimates.