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A rapid climb in the 10-year Treasury yield above 5.17% has prompted market analysts to warn that historical precedent points to disruptions across debt-reliant sectors when borrowing costs jump quickly.
New York Attorney General Letitia James and Governor Kathy Hochul have sued the domestic branch of Polymarket, alleging the platform operates as an unlicensed gambling business.
Cisco Systems stock dropped roughly 5% after Piper Sandler trimmed its price target to $125, pointing to industry growth concerns.
Canary Capital has debuted the Canary Staked TRX ETF, marking the first exchange-traded fund dedicated to the Tron blockchain and staking yield generation.
Trip.com Group reported second-quarter net revenue of RMB 15.7 billion, up 6% year over year, while booking an RMB 5.2 billion antimonopoly penalty.
RF Industries reported fiscal third-quarter revenue of $23.96 million and gross margins of 35.6%, though quarterly bookings trailed recognized revenue.
Nokia shares are up more than 60% year-to-date as rising demand for optical networking gear and hyperscaler partnerships reshape the legacy telecommunications supplier.
