Articles by James Calloway
CFTC Expands Crypto Wallet Derivatives Relief via New Staff Letter
The CFTC has broadened a conditional exemption, allowing crypto wallets and trading apps to offer derivatives without broker registration, potentially reshaping market access.
Wandsworth Council Tax Hike to 94% Faces Legal Scrutiny
Wandsworth's proposed 94% council tax rise for 2027 could add £958 to Band D bills. Legal challenges and funding cuts fuel uncertainty for investors.
Uber's $40M Liability Ruling: What It Means for Shareholders
Uber was ordered to pay $40M after arbitrator found it jointly liable for a passenger's death, rejecting Proposition 22 protections. Stock barely moved, but the ruling could signal broader liability risks.
Amazon Prime Refund Expansion Approved: Payouts Rise to $200, Cap Unchanged
A federal court approved a faster distribution plan for Amazon Prime refunds, raising per-person payouts to $200 while keeping the $1.5 billion cap. Amazon shares closed higher, but volume was subdued.
Palantir CEO's AI Liability Stance: A Double-Edged Sword for Investors
Palantir CEO Alex Karp's call for AI liability rules could favor its controlled deployment model, but the company's own filing highlights regulatory and error risks. Stock closed at $176.24.
SEC's Five-Year Tokenized Stock Path Boosts Coinbase, Circle
The SEC's conditional approval for trading tokenized U.S. stocks through 2031 sent Coinbase and Circle shares up over 5%.
Diesel at Record High Sends J.B. Hunt Shares Down Nearly 13%
J.B. Hunt shares tumbled nearly 13% after record diesel prices hit $6.40, adding at least $10M in fuel costs. The stock rebounded slightly but remains down.
Postmedia's Revenue Surge Masks Core Media Decline
Postmedia's revenue jumped 34% but only due to a new distribution business; advertising fell 11.6% and net loss widened.
Live Nation's DOJ Settlement Faces Judicial Scrutiny; $450M Accrual Not Final
Live Nation's proposed DOJ settlement faces a court test as rivals and states object. The $450M accrual isn't a ceiling, with state trial verdict pending.
SEC Chief Signals Crypto Custody Shift for Advisers, Details Pending
SEC Chair Paul Atkins has instructed staff to draft a proposal enabling investment advisers to self-custody crypto assets and use state trust companies as custodians, but key conditions remain undefined.
Romania's New Tax-Advantaged CEI Accounts Face Delays Before Launch
Romania's parliament approved tax-advantaged CEI investment accounts, but savers must wait for presidential decree and ASF rules. The accounts offer two tax treatments, but long lock-up periods and market risks remain.
Fluence Energy Cuts FY2026 Outlook Again as Houston Plant Struggles
Fluence Energy cuts fiscal 2026 revenue outlook to $2.4B and projects a $200M adjusted EBITDA loss, citing ongoing production delays at its Houston plant. Shares fell 20%.