ARK Invest Rotates Portfolio, Buying Rocket Lab and Intellia While Selling Meta and Biotech Stocks
TLDR ARK sold 46,015 shares of Twist Bioscience worth $5.8 million through its ARKK ETF ARK also sold shares in 10X Genomics, Bullish, Tempus AI,
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House Panel Moves Crypto Tax Bill Forward in Bipartisan 38–5 Vote
The US House Ways and Means Committee passed the Digital Asset Tax Certainty Act with bipartisan support on Wednesday, advancing legislation aimed at reshaping the
Oil Prices Rise as US-Iran Tensions Escalate Near Strait of Hormuz
Oil prices have surged following a U.S. military action against an Iranian island in the strategic Strait of Hormuz, heightening tensions in the region. The
Bessent Calls Recent Yen Volatility ‘Contained’ After US-Japan Intervention
Bessent's calm tone on the yen comes just weeks after the first US-backed currency intervention in nearly three decades Treasury Secretary Scott Bessent wants everyone
Tesla’s U.S. EV Share Rises to 52% as Rivals Scale Back
TLDR Tesla captured 52% of U.S. EV sales through August 2026, up from 43% a year earlier Tesla’s U.S. sales fell 16%, but total U.S.
Nvidia Weighs Up to $10 Billion Investment in Anthropic IPO
TLDR Nvidia is in talks to invest up to $10 billion in Anthropic’s planned IPO as an anchor investor Anthropic is targeting a raise of
CLARITY Act Could Return During Senate Lame-Duck Session Despite Setback
The CLARITY Act could get another chance in Congress during the post-election lame-duck session despite failing to advance in the Senate this week, according to
UK FCA Publishes Crypto Authorization Guidance Ahead of September Applications
The UK Financial Conduct Authority has issued final guidance outlining when crypto activities may require authorization under the country’s incoming regulatory regime. The guidance covers activities such as issuing
Tesla Sets 2027 Delivery Start for European Semi Electric Truck
TLDR Tesla confirmed its Semi electric truck will come to Europe, with customer deliveries starting in 2027. The announcement was made at the IAA Transportation
Anchorage Digital Adds Institutional Custody for Etherlink and Tokenized Uranium
Anchorage Digital Bank, the first federally chartered crypto bank in the US, has added custody support for Etherlink and seven assets on the Tezos layer-2