Bitcoin ETFs log $996M inflows even as Iran tensions resurface
US spot bitcoin exchange-traded funds (ETFs) recorded their strongest weekly inflows since mid-January, extending a three-week streak of positive momentum as improving risk appetite and geopolitical developments drove institutional activity.ETF…
AST SpaceMobile sinks 15% after Blue Origin satellite failure
Shares of AST SpaceMobile fell sharply in premarket trading on Monday after the company disclosed a major setback involving one of its latest satellites, raising concerns about execution risks in…
How the energy crisis from Iran war is boosting China’s edge in global clean tech
America’s allies, grappling with surging energy costs triggered by Washington’s military strikes on Iran and the resulting disruption in global supply chains, are confronting a strategic dilemma. The crisis has…
USA Rare Earth stock jumps on $2.8B Brazil deal to counter China grip
Shares of USA Rare Earth rose in early Monday trading after the company announced a $2.8 billion deal to acquire Brazil-based Serra Verde Group, a move aimed at strengthening its…
American Airlines’ stock falls as it rejects United merger talk
Shares of American Airlines fell over 3% in premarket trading on Monday after the carrier publicly dismissed speculation of a potential megamerger with rival United Airlines, even as rising oil…
Eli Lilly to acquire Kelonia in $7 billion cancer therapy push
Eli Lilly said on Monday it will acquire privately held Kelonia Therapeutics in a deal worth up to $7 billion, as the drugmaker deepens its presence in next-generation cancer treatments.The…
From record inflows to 12% drawdown, what went wrong for Europe?
Three months ago, European investors were pouring money into the continent’s stock markets at a record pace, betting that years of underperformance were finally coming to an end. The euro…
Dow Jones flat as Iran tensions rise; S&P 500, Nasdaq slip
Wall Street’s main indexes opened lower on Monday, as renewed tensions between the US and Iran weighed on investor sentiment following a record-setting rally last week.The Dow Jones Industrial Average…
Adobe stock jumps as AI agent push aims to fend off rising competition
Shares of Adobe rose on Monday after the company unveiled a new artificial intelligence agent platform aimed at strengthening its position in an increasingly competitive software landscape.The stock climbed about…
Tesla stock slips 2% on Monday after last week’s rally: here’s why
Shares of Tesla declined more than 2% on Monday, underperforming broader US equity markets.The move came as investors turned cautious ahead of the company’s first-quarter earnings report and awaited updates…