
Hyperliquid Strategies files to become CFTC-registered FCM, posts $13.3 million in quaterly revenue
Hyperliquid Strategies posted $13.3M in revenue and $620.6M net income, and filed with the CFTC to become an FCM for U.S. HIP-3 perp markets.
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Hyperliquid Strategies posted $13.3M in revenue and $620.6M net income, and filed with the CFTC to become an FCM for U.S. HIP-3 perp markets.
Salon launched 31 years ago as one of the first online-only news magazine outlets, and it announced today in an unsigned post that it's ceasing publication. The company said that the "business realities of independent digital journalism have changed profoundly over the years," and it decided that its publishing model is "no longer sustainable." It didn't go into detail about why, but many…
Here are the companies making headlines in extended trading.
Jensen Huang's net worth fell by $15.1 billion to $150.9 billion as stocks tumbled following Democrats’ sweeping victories in Wednesday’s elections. The loss dropped him to 13th on the Bloomberg Billionaires Index from ninth. Read more here: bloom.bg/4iCZ81A Explore the index: bloom.bg/4fdNRDU
DraftKings gave a forecast for earnings in 2027 that missed the average analyst estimate, while also cutting its outlook for fiscal 2026. Third-quarter revenue also fell short of expectations. The shares fell 19% in extended trading.
From BTIG’s Krinsky, who anticipated this selloff better than most: “.. Given all of the extremes we highlighted, this is probably an area to see a little consolidation, but ultimately a test closer to 7,000 with more widescale breadth deterioration is likely in the cards.”
Unpredictable electorates can lead to overcorrecting after presidential elections
Nasdaq’s slide into correction territory puts its history of recoveries in focus. Here's what history shows.
A week before the midterm elections, Vice President JD Vance hosted a town hall in Texas with Fox News host Jesse Watters. It was a friendly event with a friendly audience in what should have been a friendly state, and maybe that's why Vance couldn't help himself. When a college student earnestly asked how the right expected young people like her to settle down and have kids, given the…