The U.S. Securities and Exchange Commission's crypto task force held its first public meeting with experts on Friday, focusing on how securities laws might apply to digital assets as the Trump administration looks to overhaul cryptocurrency regulations. Among the participants of the roundtable were John Reed Stark, former chief of the SEC's Office of Internet Enforcement, Miles Jennings, the general counsel for Andreessen Horowitz's crypto arm, a16z, and former SEC Commissioner Troy Paredes.
UAE ruler meets White House crypto czar amid $1.4T investment push
Sheikh Mohamed of the UAE met with crypto advisor David Sacks as the Emirates made a $1.4 trillion commitment to U.S. investments in AI, semiconductors, and energy.
SEC 'Earnest' About Finding Workable Crypto Policy, Commissioners Say at Roundtable
The Securities and Exchange Commission's first gathering on crypto issues kicked off with assurances from commissioners that they're aiming to set effective policy.
Why Scholastic (SCHL) Stock Is Up Today
Shares of educational publishing and media company Scholastic (NASDAQ:SCHL) jumped 15.2% in the morning session after the company delivered strong first-quarter (fiscal Q3 2025) results, with profits significantly exceeding expectations as both EPS and EBITDA outperformed Wall Street's estimates.
Why Lockheed Martin (LMT) Stock Is Down Today
Shares of security and Aerospace company Lockheed Martin (NYSE:LMT) fell 7% in the afternoon session after the company lost the contract to produce the next generation of fighter jets for the U.S. military, which was awarded to Boeing. The contract, known as Next Generation Air Dominance, or NGAD, is supposed to help build jets ( F-47) that will accompany a future fleet of drone aircraft to protect the US against its adversaries. According to the press release, the contract is worth an estimated
Micron (MU) Stock Trades Down, Here Is Why
Shares of memory chips maker Micron (NYSE:MU) fell 8.8% in the afternoon session after the company reported first-quarter (fiscal Q2 2025) results, which came with high expectations, but while the overall performance was decent, softness in key markets, weaker margins, and inventory concerns overshadowed the positives.
Why Lennar (LEN) Stock Is Falling Today
Shares of homebuilder Lennar (NYSE:LEN) fell 6.7% in the morning session after the company reported weak first-quarter 2025 results, with its backlog declining 22% year over year, raising concerns about the strength of its near-term sales pipeline.
‘The Big Short’ investor who predicted the 2008 crash warns the market is ‘underestimating’ the economic impact of DOGE’s mass spending cuts
The cost-cutting spree isn’t limited to government—billions in private-business contracts are affected, Danny Moses told Fortune.
Why Planet Labs (PL) Stock Is Nosediving
Shares of earth imaging satellite company Planet Labs (NYSE:PL) fell 22.6% in the morning session after the company reported weak fourth-quarter (fiscal 2025) results: Its full-year revenue and EBITDA guidance missed significantly along with this quarter's revenue and EPS.
Why Is Torrid (CURV) Stock Soaring Today
Shares of women’s plus-size apparel retailer Torrid Holdings (NYSE:CURV) jumped 9% in the morning session after the company reported strong fourth-quarter 2024 results, which blew past analysts' estimates for sales, earnings, and operating profits.