Today: 3 July 2026
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NYSE:EB 2 December 2025 - 23 June 2026

Big VCs Back Fomo’s Crypto Trading App With $75M Round

Big VCs Back Fomo’s Crypto Trading App With $75M Round

Fomo has landed $75 million in Series B funding led by Index Ventures, putting the crypto trading app’s valuation at $550 million. The New York-based company picked up capital from Union Square Ventures, Benchmark, and angels like Zynga co-founder Mark Pincus, Discord CEO Humam Sakhnini, and Eventbrite co-founder Kevin Hartz. Fomo says it aims to make on-chain trading appeal to the broader market. Crypto startup funding slows as market shifts. Galaxy Research said crypto and blockchain startups raised about $4 billion across 355 deals in Q1 2026—about half the amount from the previous quarter. Trading, exchange, investing and lending businesses still got most of the money.
Nasdaq Today (December 2, 2025): Tech Stocks Rebound, Crypto Stabilizes, and AI Bubble Fears Shape 2026 Outlook

Nasdaq Today (December 2, 2025): Tech Stocks Rebound, Crypto Stabilizes, and AI Bubble Fears Shape 2026 Outlook

After a shaky start to December, the Nasdaq Composite snapped back on Tuesday, December 2, 2025, as heavyweight tech and AI names led a broad rebound and crypto markets steadied. The move came against a backdrop of rising bets on a Federal Reserve rate cut next week and increasingly loud debate over whether AI-fueled valuations are becoming a bubble. According to exchange data, the Nasdaq Composite closed around 23,482 points, up roughly 0.9% on the day, with an intraday range between about 23,366 and 23,510 and volume north of 330 million shares.Investing.com That puts the tech-heavy index less than 2% below its late‑October record close near 23,827, underscoring how little room there is between current levels and all‑time highs.Morningstar

Stock Market Today

  • Burlington Stores (BURL) jumps 17.7% in 2024, ahead of Retail-Wholesale group
    July 3, 2026, 11:34 AM EDT. Burlington Stores (BURL) is up 17.7% so far this year, beating the Retail-Wholesale sector average, which is showing a 9.7% gain. The stock has a Zacks Rank #2 (Buy) after a 7.4% move higher in full-year earnings estimates last quarter, with analysts turning more positive. Burlington is in the Retail-Discount Stores group and is outperforming both its sector and industry. Carvana (CVNA) is another strong mover, rising 91% YTD as its earnings estimates jumped 77.5%. Both names have momentum in Retail-Wholesale and are on investors' radar for the sector.
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