Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
Bloomberg: OKX restricted Claude for Hong Kong staff after a temporary account suspension. The exchange spends $6M-$8M monthly on LLMs; Goldman faced similar.
Journey Medical Q2 revenue hit $14.2M as Emrosi sales rose to $5.1M. Net loss narrowed to $0.8M. The company remains on track for profitability by end-2025.
Schwab will require at least $5 million in assets for client referrals to its Advisor Network, more than doubling the current minimum. Consultants say RIAs should consider alternative custodians.
Swift's first live transaction on a 24/7 blockchain ledger puts tokenized deposits against stablecoins as 17 banks prepare to scale the pilot.
Over 148,000 traders liquidated as BTC surged 5-6%, with shorts accounting for 90% of total liquidations. Elevated open interest above $127 billion suggests more volatility ahead.
Italy's CONSOB submitted 165 of 167 entries in ESMA's MiCA warning register. Germany's BaFin contributed zero. Two-thirds of stored web addresses no longer respond.
Bally's warns of 'substantial doubt' about its future; shares fell 36% in five days. The casino operator is pursuing asset sales and other financing.
A coalition of 50 chambers of commerce is preparing antitrust and tort claims over Mayor Mamdani's $70M plan for five city-owned supermarkets offering 30% discounts; lawsuit could come this week.
Minutes from the Fed's July meeting show a majority of officials believe higher rates may be needed if inflation does not cool. The 10-year yield touched 4.7% as markets price in a potential December hike.
FinTech partnerships with credit unions rose to 48% as FDIC proposes reusable certification to cut duplicate due diligence. Community banks would benefit most.
Amazon plans drone delivery to 500 US cities by year-end, promising 30-minute drop-offs for packages up to 5 pounds. The expansion targets suburban metro areas including Chicago and Atlanta.
OKX upgrades its European card program with 50% cashback on Netflix and ChatGPT, paid in USDG. Tiered rewards reach 10% for VIPs, with a €800 monthly cap.
Amazon bought secondhand books in bulk and scanned them for AI training after cutting the spines, echoing Anthropic's Project Panama.
AirBoss of America said KPMG resigned as its auditor at the company's request, and the board appointed PwC to fill the vacancy. The notice will be filed on SEDAR+.
Shoppers arriving from AI sources like ChatGPT convert at a 60% higher rate and spend 53% more per visit, Adobe data shows. Traffic from AI surged 62% YoY in July.
CryptoCapitalFund acquired 200M IBNAi tokens, representing 20% of the fixed supply, in open-market purchases over July and August. The tokens now sit in cold custody via Fireblocks.
Westpac expects a 15k rise in July employment while CBA forecasts flat. Both banks view June's 76.3k surge as an outlier, with implications for RBA policy and the Australian dollar.
The fintech company's acquisition of the AI model router comes three months after OpenRouter's $113M round at a $1.3B valuation.
TT's platform will connect to Crypto.com's OG.com exchange in Q4 2026, giving institutions direct access to regulated prediction markets and margin-based crypto futures.
Trump pushed Congress to pass a crypto market structure bill at a White House meeting with executives. The Clarity Act faces a September Senate vote needing 60 votes.
Trump urged the Senate to pass the CLARITY Act alongside Coinbase CEO Brian Armstrong and Gemini co-founders, calling it a bipartisan bill to keep the US ahead of China in crypto.
Anthropic's Q2 revenue hit $11.6 billion, topping OpenAI's $6.7 billion, as the rival startup posted a small adjusted profit and widened its lead in the AI arms race.
U.S. market narrowing and AI spending concentration are shifting the case for international equities, which trade at 14x 2027 earnings vs 17x for U.S. A webcast on Aug. 20 explores non-U.S. strategies.
The CFTC closed civil cases against Caroline Ellison and Gary Wang. Both received trading and registration bans and must continue cooperating. The orders cap the regulator's enforcement against FTX and Alameda executives.
Perpetual futures with up to 50x leverage go live on Coinbase's Base App Wednesday. The move targets crypto's most active traders but exposes retail users to liquidation risks.
Advisors' near-term outlook on the economy and stocks darkened in July, with only 26% expecting improvement over six months, down from 55% in May. Current conditions remain positive, but the trend suggests a defensive shift ahead.
Grayscale Research sees Reg Crypto reopening token-based fundraising in the U.S. Ethereum, Solana, and BNB Chain could see more activity. The proposal must pass SEC rulemaking first.
Pre-order holders get early access from Aug. 21–25, followed by an open beta Aug. 28–Sept. 1. First look at multiplayer, campaign mission, and new Warzone map. Full game drops Oct. 23.
Therabody's new ThermaBack LED combines vibration, heat, and two light therapies into a $329.99 belt for lower back pain. Founder Jason Wersland, who started the company after a motorcycle accident, says the device is designed for people who delay treatment because they lack a convenient option.
President Trump's CLARITY Act endorsement pushed prediction-market odds of a 2026 crypto law to 25% from 20%. The bill, stalled in the Senate, faces an uncertain path through a crowded calendar.