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Top stories today:
1. SEC sues Coinbase, alleging it failed to register with the agency
2. SEC requests an order to freeze Binance US's assets
3. Chart: mega-cap tech has led the S&P, rising 53% and 11% YTD
4. Tucker on Twitter: 1st show accuses Ukraine of “probably” blowing up dam

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.

1. SEC sues Coinbase, alleging it should have registered its securities sales and as an exchange, broker, and clearing agency

SEC sues Coinbase, alleging it should have registered its securities sales and as an exchange, broker, and clearing agency

0. Data and calendar

1. SEC sues Coinbase, alleging it should have registered its securities sales and as an exchange, broker, and clearing agency

Keep reading

Alibaba’s Qwen3.8 Max 2.4T AI model debuts in preview, trails only Anthropic’s Fable 5

Kimi K3 debuts as world’s largest open AI model from China, closing in on U.S. rivals

Thinking Machines debuts Inkling, top U.S. open-weight AI model

OpenAI’s first device said to be movable, screen-free AI companion speaker

SEC sues Coinbase, alleging it should have registered its securities sales and as an exchange, broker, and clearing agency

0. Data and calendar

1. SEC sues Coinbase, alleging it should have registered its securities sales and as an exchange, broker, and clearing agency

Subscribe to keep reading

Keep reading

Alibaba’s Qwen3.8 Max 2.4T AI model debuts in preview, trails only Anthropic’s Fable 5

Kimi K3 debuts as world’s largest open AI model from China, closing in on U.S. rivals

Thinking Machines debuts Inkling, top U.S. open-weight AI model

OpenAI’s first device said to be movable, screen-free AI companion speaker