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BlackRock’s reserve push redraws the tokenised Treasury race

  • BlackRock (NYSE:BLK) launched two tokenised money market products for regulated US stablecoin reserve management.
  • Its existing BUIDL fund holds more than US$2.6 billion, while USDC circulation stood at US$72.3 billion on 27 July.
  • Regulatory eligibility, blockchain interoperability and institutional access remain key barriers as tokenised Treasury products expand.
Leia mais: BlackRock’s reserve push redraws the tokenised Treasury race
Bloomberg
Financial

Once Upon a Farm CEO on Outlook Boost, Consumer Demand

John Foraker, Co-Founder and CEO of Once Upon a Farm, discussed the company's strong 42% sales growth in the recent quarter and expressed confidence in sustaining this momentum due to resilient consumer demand across baby and kid food categories. The company has raised its guidance for the full year and anticipates continued growth. He speaks with Romaine Bostick on "The Close."

Leia mais: Once Upon a Farm CEO on Outlook Boost, Consumer Demand
Bloomberg
Financial

Akamai CEO on Earnings, Cloud Industry, New Investment

Akamai's shares declined following the release of its second-quarter earnings report, despite the company beating earnings estimates. Tom Leighton, Co-Founder and CEO of Akamai, joined the program to discuss the company's performance and recent developments. He speaks with Romaine Bostick on "The Close."

Leia mais: Akamai CEO on Earnings, Cloud Industry, New Investment
Bloomberg
Financial

This Spider-Man Is 'Deeper,' Say Sony's Rothman

Sony Pictures Entertainment Motion Picture Group Chairman and CEO Tom Rothman says this latest Spider-Man movie was deeper and more emotional than others in the franchise. He says "Spider-Man: Brand New Day" could be one of the studio's most profitable movies ever. Rothman also talks about ticket prices and making movies in California on "Bloomberg The Close."

Leia mais: This Spider-Man Is 'Deeper,' Say Sony's Rothman
Bloomberg
Financial

Gen CEO on Earnings, New Cybersecurity Attack Tracker

Gen Digital's shares are reaching their highest levels in nearly a year following an upward revision of its earnings forecast. Vincent Pilette, President and CEO of Gen Digital, expressed strong confidence in sustaining double-digit growth over the coming quarters, driven by increased demand for cybersecurity solutions amid growing concerns related to AI and agentic technologies. He speaks with Romaine Bostick on "The Close."

Leia mais: Gen CEO on Earnings, New Cybersecurity Attack Tracker