Yoga-wear maker Lululemon on Wednesday said its board had approved Nike veteran Heidi O’Neill as its new CEO. But analysts said it was too early to tell if that was the right call, and said questions about Nike’s current struggles could spill over into her new job.
The ex-FTX CEO said he consulted with his parents and lawyers regarding a recent filing he sent from prison, but claimed to be the ”ultimate author of the documents.”
Apple’s future rests on this massive pivot.
Shares of CSX jumped after hours on Wednesday after the railroad giant raised its sales outlook for the year, as more businesses choose rail to save on fuel costs in the wake of the Iran war.
When dentists start getting cold calls about private credit, you know the fad has peaked.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZGI2ZmQtNDIwMC03ZjNjLTgxNzUtN2EwYjQ2M2E0ZDA3LmpwZw==.jpg" alt="PUSD stablecoin deploys on ADI Chain, targeting $3T Islamic finance market" class="type:primaryImage"></p><p>The Shariah-compliant stablecoin backed by Gulf currencies expands to a new Layer 2 network aimed at institutional settlement in the Middle East.</p>
The move, which could open up medical research on cannabis as well as banking services for growers, follows an executive order to reclassify the substance in December.
Capital has flowed into bitcoin through multiple channels, which makes it less likely that bitcoin sees a sharp reversal like in previous months, and more likely that the rally builds momentum.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZGI2OWEtZDZlMi03MDM0LWI3MzItMTlkMmE0N2I3OGExLmpwZw==.jpg" alt="Banking group asks for more time to comment on US stablecoin bill" class="type:primaryImage"></p><p>The letter to four US government agencies said banks needed 60 more days for comment after OCC stablecoin rulemaking had been finalized.</p>
Boeing’s stock jumped Wednesday, as a partnership with the Trump administration on PAC-3 interceptor missiles provided a boost to the company’s defense business, which saw revenue rise well above expectations.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZGI2YWQtMjhkZS03ZTljLWI1MTgtNjFiYjk2NWYwMWIzLmpwZw==.jpg" alt="Trump-linked American Bitcoin energizes 11,298 new ASICs" class="type:primaryImage"></p><p>American Bitcoin (ABTC) originally purchased the mining rigs in March, weeks after reporting a $59 million loss for Q4 2025.</p>
Thailand’s SEC is seeking feedback on rule changes that would let digital asset firms offer derivatives within existing entities, lowering barriers to market entry.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZGI1YTYtZGRiOC03NDc5LWExZDQtYzhlOTM5NmMxYjUyLmpwZw==.jpg" alt="Kraken calls for de minimis exemption on crypto taxes after 2025 reports" class="type:primaryImage"></p><p>The crypto exchange advocated for two key changes to US tax law affecting crypto users to “eliminate millions of unnecessary forms.”</p>
The prediction platform will use Pyth’s pricing data to settle trades on its new commodities markets, as it expands into assets like oil, gold and crops.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZGI1ZmMtNGJkMS03NTBiLWI0MzQtODk4ZTgzNzhiN2UwLmpwZw==.jpg" alt="Robinhood Venture Fund's $75M stake in OpenAI aims to enable retail investments" class="type:primaryImage"></p><p>The private equity investment will be used to give retail customers indirect price exposure to OpenAI through venture tokens.</p>
The photonics company’s stock has run up more than 70% this week on speculation of a major hyperscaler partner, even as short sellers warn of a “tax nightmare.”
Quantinuum is going the traditional IPO route, while other quantum companies have gone public through SPACs. The move bolsters the company’s credibility.
I just turned 54½, and this could be my most consequential age milestone, because it’s the ideal time for me to start detailed planning for my golden years.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZGI0ZjctZTBiOC03NDI2LThiOTYtOGFlMTlhYWRlODJhLmpwZw==.jpg" alt="Ethereum risks 10% decline versus Bitcoin despite record ETH staking" class="type:primaryImage"></p><p>Ethereum’s record 32.33% staking ratio is shrinking liquid supply, reducing sell pressure and potentially supporting an ETH price recovery over time.</p>
Tom Lee, of Fundstrat, outlined independence, forward guidance, inflation and the Federal Reserve’s inflation measurement as the key takeaways