Cryptocurrencies

Microsoft delivered another blockbuster quarter, beating Wall Street expectations on revenue, earnings, and operating income as Azure cloud services and artificial intelligence continued to drive growth. The stronger-than-expected results reinforced investor confidence that massive AI infrastructure investments are translating into accelerating revenue, a…

Robinhood outperformed Wall Street expectations after reporting $100 million in second-quarter crypto transaction revenue, beating the $86.6 million consensus estimate despite a sharp 38% year-over-year decline. The earnings highlight a changing business model where strong growth in prediction markets, equities, and subscriptions is helping offset weaker…

Meta Platforms delivered another blockbuster quarter for revenue, but investors were reminded that the race to dominate artificial intelligence comes at a steep cost. The social media giant reported second-quarter revenue of $60.8 billion, beating Wall Street expectations, while earnings per share missed forecasts as massive AI infrastructure investments…

Binance.US plans to apply for a U.S. Commodity Futures Trading Commission (CFTC) Designated Contract Market (DCM) license next month, marking a major step in its expansion beyond spot crypto trading. CEO Stephen Gregory reportedly announced the move at RareEvo, saying the exchange aims to launch regulated prediction markets as part of its broader comeback…

Binance.US is reportedly preparing to ask the Commodity Futures Trading Commission (CFTC) for the exchange license it would need to offer prediction markets to US customers. CEO Stephen Gregory outlined the timeline on stage at the Rare Evo conference in Las Vegas, and no formal filing has reached the regulator yet.