Market News Today — AI-Curated Stock & Crypto Headlines

CoreWeave reported interest expenses of $640 million, representing a 2.4x year-over-year increase.

Circle, the issuer of the USDC stablecoin, processed $32 trillion in USDC transfers in Q2, with 95.2% of its revenue derived from interest income on reserves.

The article highlights that Chinese AI models are being utilized by US firms without commensurate revenue sharing, suggesting a structural imbalance in the AI value chain.

Robinhood CEO Vlad Tenev hinted at potential expansion of memecoin offerings on the platform, which could broaden its cryptocurrency product lineup.

Meta reported 27% year-over-year ad revenue growth to $59.4B, narrowing the gap with Google Search, but its stock price declined.

Russia has launched a central bank digital currency (CBDC) pilot, with all 12 systemically significant banks participating and initial retailer mandates applying only to those with qualifying revenue thresholds and bank agreements.

Cango's shares declined 20% after the company reported an $81.6 million loss in Q2, driven by scaled-back bitcoin mining operations and reduced revenue.

Revenue on Robinhood Chain hit a 24-hour record of $1.9 million, driving a 30% rally in ARB as traders chased …

Robinhood Chain reported generating $2 million in revenue in a single day, a figure stated to exceed Ethereum's daily revenue.

Hut 8's Texas power site is part of a $35 billion AI deal involving Anthropic, with the company securing two long-term leases worth $19.6 billion for its campus.

Bitcoin (BTC) experienced a slight decline following a prior rally to $81,428, while Arbitrum (ARB) surged 30% amid rising activity on Robinhood Chain, which reported daily fees exceeding $2 million.

Dell Technologies is scheduled to release earnings on Tuesday, with options pricing suggesting an 11% potential stock swing by Friday.