Morgan Stanley’s MSSE and MSOL ETPs Bring Staking Yields to Regulated Crypto
Morgan Stanley launched two new crypto ETPs tracking Ether and Solana that pass staking rewards directly to investors, marking a first in regulated crypto products.
ArcBest’s Q2 a step on path to recovery
ArcBest reported second-quarter operational improvements across both business segments, with its asset-based unit benefiting from heavier shipments and its logistics division returning to profitability following cost initiatives.
Meta (META), BlackRock (BLK) Form $14 Billion AI Data Center Venture—Can It Ease the Cost of Meta’s AI Buildout?
Meta and BlackRock announced a $14 billion joint venture to develop and operate a one-gigawatt data center campus in El Paso, Texas, with the facility expected to come online in 2028.
Markets react to Fed’s July interest rate decision
The Federal Reserve maintained its benchmark interest rate in the 3.50%-3.75% range following its two-day policy meeting, defying calls from President Trump for rate reductions.
Cyclospora outbreak has hurt Taco Bell but sales are already improving, Yum Brands CEO says
Yum Brands said a cyclospora outbreak tied to Taco Bell has damaged sales, but the company expects the impact to be temporary as sales trends have begun improving.
Ferrari raises 2026 guidance after Q2 earnings beat
Ferrari raised its 2026 financial guidance after delivering second-quarter earnings that exceeded Wall Street expectations, citing strong demand and a full order book through 2027.