Ripple CEO: Legally victorious, proving XRP is not a security
Odaily Planet Daily reports that Ripple officially released a full statement from its CEO, Brad Garlinghouse. He stated: "More than four years ago, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple. Now we can finally announce that this case is over, it's all over. The SEC was not seeking justice; they just wanted to win the lawsuit at all costs. Ripple has legally won, proving that XRP is not a security - this was a battle we never thought of at Ripple but knew we had to win. And today, indeed we have won."
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European soybean meal hits eight-day high, slow US harvest provides support
(1) Soybean meal prices in the European feed market rose on Tuesday, following gains in soybean and soybean meal futures on the Chicago Board of Trade. Concerns about delayed soybean supplies were triggered by slower-than-average US harvest progress and wetter-than-normal soil in some production areas. (2) According to institutional records, the EU high-protein soybean meal FOB Rotterdam December delivery price on October 6 increased by about $7/ton compared to the previous trading day, reaching the highest level in about eight trading days (since September 25). (3) South American soybean meal prices were up as much as $9/ton compared to Monday; specifically, Brazilian high-protein soybean meal CIF Rotterdam September delivery price increased by about $9/ton from Monday. (4) Argentine or other origins’ high-protein soybean meal CIF Rotterdam October delivery increased by about $7/ton from Monday. (5) EU rapeseed meal prices fluctuated between down about €3/ton and up about €3/ton compared to Monday, reflecting technical correction.
Marvell Technology expects total revenue to reach 20 billions USD in fiscal year 2028.
Marvell Technology Group (MRVL.US) expects its total revenue to reach 20 billions USD by fiscal year 2028.
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