Top story
Marvell Plans All-Stock Acquisition of Lumentum for AI Connectivity
The companies say the proposed combination aims to build an industry leader in AI connectivity.
Top stories
Business
Strive Buys 124 Bitcoin, About 2% of Its Prior Week's Total
The company paid an average of about $80,526 per coin and used its SATS at-the-market program for the first time, CEO Matt Cole said.
Technology
HSBC Plans Hong Kong AI and Emerging Technology Institute
The institute is expected to begin operating in early 2027, with blockchain, post-quantum cryptography and engineering optimization among its initial research areas.
Investing
Kalshi Trader Douglas Campbell Tops $800,000 in Cumulative Profits
He ranked sixth among the platform’s election traders.
Investing
Energy Select Sector SPDR Premium Income Fund Sets $0.5011 Distribution
Its 30-day SEC yield was 2.03% as of Oct. 29.
Business
Red Rock Resorts Has Indirect Ties to California Tribal Casinos
The company earns money from tribal gaming through management despite owning no casinos in the state.
Investing
Communication Services Select Sector SPDR Premium Income Fund Sets $0.2527 Distribution
The distribution is payable Wednesday, Nov. 4, to shareholders of record Monday, Nov. 2, which is also the ex-dividend date.
Regulation
FINRA Sets Nov. 3 Deadline for Next Short-Position Reports
The reports cover positions dated Oct. 30, with publication scheduled for Nov. 10.
Investing
Financial Select Sector SPDR Premium Income Fund Sets $0.2164 Distribution
The monthly distribution is payable Nov. 4, with Nov. 2 as both the record and ex-dividend date.
Markets
BusinessStrive Buys 124 Bitcoin, About 2% of Its Prior Week's Total
The company paid an average of about $80,526 per coin and used its SATS at-the-market program for the first time, CEO Matt Cole said.
InvestingKalshi Trader Douglas Campbell Tops $800,000 in Cumulative Profits
InvestingEnergy Select Sector SPDR Premium Income Fund Sets $0.5011 Distribution
Communication Services Select Sector SPDR Premium Income Fund Sets $0.2527 Distribution
Financial Select Sector SPDR Premium Income Fund Sets $0.2164 Distribution
Regulation
RegulationFINRA Sets Nov. 3 Deadline for Next Short-Position Reports
The reports cover positions dated Oct. 30, with publication scheduled for Nov. 10.
Bitcoin
BusinessStrive Buys 124 Bitcoin, About 2% of Its Prior Week's Total
The company paid an average of about $80,526 per coin and used its SATS at-the-market program for the first time, CEO Matt Cole said.
Stablecoins
InvestingNEAR Protocol Leads Crypto Decliners With 7.43% Drop to $4.01
Sixty-nine of the 89 largest cryptocurrencies fell over the prior 24 hours; stablecoins were excluded from the snapshot.
AI & Tech
TechnologyHSBC Plans Hong Kong AI and Emerging Technology Institute
The institute is expected to begin operating in early 2027, with blockchain, post-quantum cryptography and engineering optimization among its initial research areas.
TechnologyOKX Star Details Four-Part Wallet Security Review After Binance Incident
TechnologyBinance Hack Address Screening Disrupts Routes on Relay’s Bridge
Core Lightning Nodes Can Crash After Upgrade if Malformed Gossip Is Stored
Raoul Pal Says Oil Shock Drove Temporary AI Market Pullback
RWA
BusinessLloyds, Aberdeen Complete U.K.'s First FX Trades Using Tokenized Collateral
The trades used tokens tied to a money-market fund and U.K. government bonds. Archax facilitated their issuance and management.