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Gemini Space Station Q2 Earnings Call Highlights
MarketBeat1d agoneutral
Gemini Space Station Q2 Earnings Call Highlights

Gemini Space Station (NASDAQ:GEMI) reported second-quarter revenue growth despite weaker crypto trading activity, as expanding services revenue, over-the-counter trading and new product offerings offset a decline in exchange revenue. The company also highlighted lower operating costs following restr

Reddit Climbs, Applied Materials, Gemini Fall | Stock Movers
Bloomberg1d agoneutralVIDEO
Reddit Climbs, Applied Materials, Gemini Fall | Stock Movers

On this episode of Stock Movers: Drone companies including AeroVironment Inc. (AVAV), Aevex Corp. (AVEX), and Unusual Machines Inc. (UMAC) rose on news that the Trump administration plans to apply a 100% tariff on imports of unmanned aircraft systems and their components. Applied Matierals (AMAT) fell despite an earnings forecast that topped estimates. Investors had a muted reaction to earnings even though the stock has more than doubled this year. Gemini Space Station (GEMI) fell as the crypto platform's earnings report faced crypto market headwinds and a wider-than-expected adjusted Ebitda loss. Reddit (RDDT) climbed on the news that the stock is set to be included in the S&P 500 index.

Winklevoss Twins’ Crypto Exchange Gemini Narrows Loss
The Wall Street Journal2d agobullish
Winklevoss Twins’ Crypto Exchange Gemini Narrows Loss

The company, led by Cameron and Tyler Winklevoss, said total revenue for the three months ended June 30 increased 37% to $45.5 million, from $33.3 million during the same period a year ago. Net loss decreased 19% year-over-year to $107.7 million, compared with $133.2 million in the second quarter of 2025.

Bloomberg3d agobearish
New York City Probes Prediction Markets Over Ads, Social Harms

(Bloomberg) -- The New York City Council is probing the advertising practices of four major prediction market platforms, creating a new front in the legal battles facing the booming industry. Most Read from BloombergPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DriveFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AITata Sons Chairman to Step Down, Deepening Leadership TurmoilPakistan Says Deal Is Close Even as Iran, US Harden StancesTrump Weighs Call for Capital Ga

Bloomberg17d agoneutral
Binance.US Wants to Join Prediction Markets Race With CFTC Stamp

(Bloomberg) -- Binance.US is planning to apply for a license with the Commodity Futures Trading Commission that would help it start its own prediction market, the company’s chief executive officer said at a conference on Wednesday.Most Read from BloombergWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionUS Intercepts Iran Attack on Bases, Puncturing Days of CalmStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapTrump Says US Will Strike Iran Hard as War Escalates AgainA

Bloomberg25d agoneutral
Trump Has Spent 0.6% of His $401 Million Super PAC to Boost GOP

(Bloomberg) -- President Donald Trump’s super political action committee is sitting on $401 million in cash, more than any other super PAC, but has spent just $2.3 million — 0.6% of that total — to help Republicans win elections.Most Read from BloombergYemen’s Houthis to Impose Maritime Blockade on Saudi ArabiaChina AI Sensation Moonshot’s Gamble on Big Models Pays OffTrump Vows 50% Tariff on Canadian Goods Using Depression-Era LawMoonshot’s Kimi K3 May Be More About Memory Than ComputeUS Strike

The Eric Trump American Bitcoin Treasury Reaches 8,000 BTC Milestone
Coinspeaker38d agoneutral
The Eric Trump American Bitcoin Treasury Reaches 8,000 BTC Milestone

In Trump Bitcoin news today, American Bitcoin Corp. (NASDAQ: ABTC), the hybrid BTC mining and treasury company co-founded by Eric Trump, crossed 8,000 BTC in its corporate Bitcoin treasury on July 7, 2026 – a holding worth approximately $504M at BTC’s prevailing price of roughly $62,725. This positions the company ...

Eric Trump Says 'Stacking Continues' as American Bitcoin Amasses 8,000 BTC: 'We Continue to Differentiate Ourselves'
Benzinga38d agoneutral
Eric Trump Says 'Stacking Continues' as American Bitcoin Amasses 8,000 BTC: 'We Continue to Differentiate Ourselves'

American Bitcoin Corp. (NASDAQ:ABTC) co-founder Eric Trump celebrated on Tuesday after the company surpassed 8,000 Bitcoin (CRYPTO: BTC) in its corporate treasury holdings. ‘Onwards We Go’ Trump shared this in an X post, adding that the firm achieved a 52% mining profit margin in the first quarter and maintained “one of the lowest” Selling, General, and Administrative ratios—a measure of a company’s overhead costs relative to its total revenue—in the industry. “The stacking continues,” Trump sai