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Finance & Markets

Feds Pull Proposals for Reporting Crypto Transactions

Federal regulators have withdrawn plans that would have expanded reporting requirements around cryptocurrency transactions. The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and Federal Reserve Board of Governors announced Friday (Nov. 6) that they were rescinding the proposed “Travel Rule,” and “Recordkeeping Rule,” which would have required financial institutions to…

Feds Pull Proposals for Reporting Crypto Transactions

We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.

Read the original at pymnts.com →

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Portillo's: 3 Key Takeaways for Long-Term Investors

Limited-time desserts, not discounts, are the test of whether Portillo's can grow traffic without giving up the margins it now says it is protecting.

  • Portillo s focuses on operational discipline and closing underperforming locations.
  • The company plans to reduce its real estate footprint by 40% in new restaurant designs.
  • Management expects sales momentum in Q4 driven by limited-time desserts and tech updates.

Serve Robotics: 3 Key Takeaways for Long-Term Investors

Software licensing lets Serve Robotics earn recurring revenue from outside robot builders without buying additional hardware, a model that the fleet-cost gains alone do not capture.

  • Serve Robotics raised 2026 revenue guidance to $12 million
  • Reduced daily external deployment expenses by 75%, cutting costs
  • Launched Physical AI services for recurring software revenue

Moderna: 3 Key Takeaways for Long-Term Investors

Its proprietary software is built into the cancer drug itself, creating a front-end design moat that rivals may struggle to replicate.

  • Moderna revised 2026 revenue outlook to 15%-25% growth
  • Positive clinical trial results for individualized cancer therapy
  • CEO Stéphane Bancel emphasizes late-stage oncology focus

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