Finance

Markets, economy, and industry.

  1. Industry

    PIF Weighs Folding EA Into Savvy Games as Saudi Fund Builds Gaming Portfolio

    Saudi Arabia’s sovereign wealth fund is reportedly considering moving Electronic Arts under its Savvy Games unit as it scales gaming assets.

    · $EA #pif #electronicarts #savvygames #gaming #mergers

  2. Economy

    ECB Raises Key Rates by 25 Basis Points, Warns Inflation Will Stay Above Target for Years

    ECB raised its three key rates by 25 basis points, projecting inflation above 2% through 2028 while euro-area growth remains weak.

    · #eurozone #ecb #interestrates #inflation

  3. Industry

    SEC Takes First Formal Step to Rescind Rule 14a-8, Potentially Shifting Shareholder-Proposal Power to States

    The SEC sent a draft to the White House to rescind Rule 14a-8, which could move oversight of shareholder proposals from a federal standard to state laws.

    · #sec #shareholderproposals #corporategovernance #rule14a8

  4. Industry

    Nearly 1,900 Blizzard Workers Ratify First Union Contracts with Microsoft

    On Sept. 9 nearly 1,900 Blizzard employees ratified contracts with Microsoft, winning pay raises, layoff protections, AI bargaining and a three-day hybrid week.

    · $MSFT #blizzard #microsoft #union #videogames #cwa

  5. Industry

    Verizon, Corning sign multibillion-dollar deal to lock in 80+ million miles of fiber through 2032

    Verizon agreed a multibillion-dollar deal with Corning to reserve 80+ million miles of optical fiber for broadband and AI backbone networks through 2032.

    · $VZ $GLW #verizon #corning #fiber #broadband #ai

  6. Financial Markets

    Boston Scientific Says Cybersecurity Incident Likely Material, Will Miss 2026 Guidance

    Boston Scientific says an Aug. cyber incident is likely material, disrupted global manufacturing and shipments and makes meeting 2026 sales and EPS guidance unlikely.

    · $BSX #bostonscientific #cybersecurity #medicaldevices #earnings

  7. Industry

    Orionx begins permanent closure after audit finds more than $7 million missing

    Chile's Orionx said Sept. 3 it is closing after a forensic audit found $7M+ in customer assets moved to external wallets; withdrawals suspended.

    · #cryptocurrency #chile #fintech #orionx

  8. Financial Markets

    Unknown Wallets Move 7,656 BTC — About $612 Million, Whale Alert Shows

    A single on-chain transfer of 7,656 BTC (about $612 million) moved between two unlabeled wallets, Whale Alert reported.

    · #bitcoin #cryptocurrency #whalealert #blockchain

  9. Industry

    Washington Regulators Seek to Revoke CoinFlip License, Impose $1.03M Fine Over Alleged AML, Consumer-Protection Failures

    Washington’s DFI charged CoinFlip with anti-money-laundering and consumer-protection failures, seeking license revocation, refunds and a $1.03M fine.

    · #crypto #regulation #coinflip #consumerprotection

  10. Industry

    SEC Proposes Rescinding 2010 'Pay‑to‑Play' Rule for Investment Advisers

    The SEC proposed rescinding its 2010 'pay‑to‑play' rule barring advisers from paid government work after certain political donations; public comment is open.

    · #sec #regulation #investmentadvisers #paytoplay

  11. Financial Markets

    Sept. 2: 1,992 BTC Transferred From Wallet Labeled ‘Coinbase Institutional’ Amid Cluster of Large Transfers

    On Sept. 2 a wallet tagged 'Coinbase Institutional' moved 1,992 BTC (~$154M), one of several large same-day Coinbase-linked transfers.

    · #crypto #bitcoin #coinbase #blockchain

  12. Financial Markets

    Circle mints two 250M USDC batches on Solana, treasury issuance totals ~$500M

    Circle's USDC Treasury minted two 250 million USDC batches on Solana (~$500M). On-chain mints don't show whether tokens entered circulation.

    · #crypto #usdc #stablecoin #circle #solana

  13. Financial Markets

    500 Million XRP 'Unlocked' on Sept. 1 Was Routine Ripple Escrow Release, Trackers Show

    Trackers show 500 million XRP 'unlocked' on Sept. 1 followed Ripple's monthly escrow schedule; no evidence of a $689M open-market sale.

    · #crypto #xrp #ripple #escrow

  14. Economy

    CBO: Automatic Stabilizers Will Barely Curb U.S. Deficits Over Next Decade

    CBO finds automatic stabilizers will barely reduce deficits from 2026–2036, leaving structurally large federal deficits averaging 6.1% of potential GDP.

    · #cbo #deficits #fiscalpolicy #economy

  15. Economy

    U.S. PCE Inflation Remains at 3.7% in July; Real Consumer Spending Barely Rose

    July PCE inflation stayed at 3.7% (core 3.3%), well above the Fed's 2% goal, while real consumer spending was essentially flat.

    · #inflation #pce #federalreserve #consumer-spending

  16. Economy

    AAA: August 2026 Was First August With U.S. Gasoline Above $4 Every Day

    AAA says August 2026 was the first August on record with U.S. national average gasoline above $4 a gallon every day, underscoring persistent summer fuel costs.

    · #gasoline #fuel #energy #inflation

  17. Financial Markets

    Nvidia reports record $96.2 billion quarter, forecasts $108 billion as AI demand surges

    Nvidia posted a record $96.2B quarter and forecast $108B next quarter as data-center AI demand drives revenue; outlook excludes China compute.

    · $NVDA #nvidia #ai #earnings #datacenter

  18. Economy

    BEA's Second Estimate: U.S. Q2 GDP 1.5%, Underlying Demand and Inflation Stronger

    Second BEA estimate leaves Q2 GDP at 1.5% but shows stronger private demand, firmer inflation and a sharp jump in corporate profits.

    · #economy #gdp #inflation #corporateprofits

  19. Financial Markets

    Bitcoin Tops $81,000 as ETF Inflows and U.S. Treasury Buybacks Boost Demand

    Bitcoin topped $81,000 on Aug. 25 — its highest since mid‑May — after nearly $2bn of U.S. spot‑ETF inflows, Treasury long‑bond buybacks and a softer dollar.

    · $IBIT #bitcoin #cryptocurrency #etf #treasury