Finance
Financial News
Erasca Shares Decline Amid Market Unrest Despite Lack of Company-Specific News
Investor Reaction Follows Collapse of Merck's Acquisition Negotiations with Rival Oncology Firm
Shares of Erasca Inc., a clinical-stage oncology drug developer, declined on Monday despite no direct announcements from the company. The drop appears...
European Commission Initiates Probe into X's AI Chatbot Over Image-Editing Abuses
Investigation targets Grok's role in generating nonconsensual explicit content, raising questions over platform compliance with EU regulations
The European Commission has formally launched an investigation into X, the social media platform under Elon Musk's X Corp, focusing on its AI chatbot ...
Trump Administration's Major Stake Boosts Rare Earth Stocks Including MP Materials
U.S. government invests $1.6 billion in USA Rare Earth, igniting sector-wide gains amid strategic supply chain efforts
The U.S. government, under the Trump administration, is making a substantial $1.6 billion investment in USA Rare Earth Inc., acquiring a 10% stake and...
Bitcoin Slips Below $88,000 Amid Significant Liquidations; Ethereum and Altcoins Poised at Crucial Support Levels
Market reactions including ETF outflows and trader insights suggest closely watched thresholds could dictate near-term cryptocurrency trends
Bitcoin recently declined to just under $88,000, coinciding with nearly $745 million in liquidations over the previous day. Prominent cryptocurrencies...
Silver Climbs to Record Levels Amid Chinese Banking Sector Turmoil
Surging Demand for Physical Silver Driven by Capital Flight Raises Questions on Market Sustainability
Silver prices have surged past their previous all-time highs, nearing $111 per ounce, propelled primarily by a significant shift in investment behavio...
Elbit Systems Secures $228 Million Contract to Enhance U.S. Army Bradley Vehicles
Iron Fist Active Protection System to bolster battlefield survivability in upcoming multi-year deployment
Elbit Systems Ltd. has won a significant defense contract worth $228 million from General Dynamics Ordnance and Tactical Systems to provide its Iron F...
Wall Street Analysts Shift Ratings on Key Stocks Ahead of Monday
Notable Upgrades Highlight Positive Sentiment Surrounding Meta Platforms and Cisco Systems
Several prominent Wall Street analysts updated their outlooks on select stocks, initiating positive rating changes and price target adjustments as of ...
Elizabeth Warren Criticizes CFPB Leadership for Contradicting Administration's Credit Card Reform Goals
Warren urges reinstatement of late fee caps and stricter enforcement amid credit card affordability debate
Senator Elizabeth Warren has publicly expressed strong concerns that the acting director of the Consumer Financial Protection Bureau (CFPB) is counter...
Gold Surges Past $5,000 Amid Rising Political Uncertainty and Fiscal Impasse in Washington
The ascent of gold prices underscores diminishing trust in U.S. governance as geopolitical tensions escalate and government shutdown looms
Gold prices climbed sharply to exceed $5,100 in Asian trading hours, reflecting investor concerns over intensifying geopolitical risks and the possibi...
Sharplink Gaming CEO Highlights Ethereum's Unique Edge in Corporate Crypto Treasury Management
While Michael Saylor paved the way for Bitcoin treasury firms, Sharplinkâs Ethereum-focused strategy signals a different breed of digital asset management
Joseph Chalom, CEO of Sharplink Gaming Inc., acknowledges Michael Saylor's foundational role in establishing corporate cryptocurrency treasuries but e...
Undervalued Materials Stocks with Strong Technical Indicators to Watch This Quarter
ReTo Eco-Solutions and Eightco Holdings exhibit oversold conditions suggesting potential for short-term recovery
This analysis examines two materials sector stocks, ReTo Eco-Solutions and Eightco Holdings, both of which currently show strong oversold signals base...
IonQ Enhances Quantum Computing Capabilities with $1.8 Billion Acquisition of SkyWater Technology
Strategic move deepens IonQ's manufacturing control amid expanding U.S. government backing for advanced semiconductor production
IonQ Inc. announced a strategic acquisition of semiconductor manufacturer SkyWater Technology Inc. for approximately $1.8 billion. The transaction, in...