2h ago
Ripple plans RLUSD lending on XRPL to tap tokenized private credit market above $10 billion
Ripple plans to build native lending infrastructure on the XRP Ledger via the XLS-65 Single Asset Vaults and XLS-66 Lending Protocol amendments. The effort is designed to connect XRPL to a tokenized private credit market valued at above $10 billion. Ripple says the system would help real-world businesses access working capital through regulated institutional lending markets.
2h ago
4h ago
CoreWeave expands Hudson River Trading deal to provide Nvidia Vera Rubin and B200 systems
CoreWeave said it has signed a multibillion-dollar, multiyear agreement with Hudson River Trading that expands a partnership that began in March 2026. The deal gives the trading firm access to Nvidia’s Vera Rubin and B200 systems as Wall Street demand for advanced AI computing rises. CoreWeave also said Jane Street agreed to spend $6 billion on data center capacity and invested another $1 billion in the company. CoreWeave shares fell about 1.4% in premarket trading Thursday, while its top three customers still accounted for about 72% of revenue.
4h ago
4h ago
Walmart shares sink more than 9% after 2.6% U.S. comparable-sales gain despite $2.9 billion tariff refunds
Walmart reported U.S. comparable store sales growth of just 2.6%, its weakest performance in nearly six years, even as it received $2.9 billion in tariff refunds and posted quarterly net income of $6.4 billion. Rising fuel costs are squeezing household budgets and weighing on consumer spending. The retailer carried out 11,000 temporary price reductions in the second quarter as shopping conditions softened.
4h ago