JPMorgan files for tokenized money market fund on Ethereum JPMorgan has filed for a tokenized money market fund, called JPMorgan OnChain Liquidity-Token Money Market Fund, which will invest in U.S. treasury bills, bonds, and notes. The fund will utilize JPMorgan's K
JPMorgan files for tokenized money market fund on Ethereum JPMorgan has filed for a tokenized money market fund, called JPMorgan OnChain Liquidity-Token Money Market Fund, which will invest in U.S. treasury bills, bonds, and notes. The fund will utilize JPMorgan's K
Citi projects Nvidia’s Q1 revenue at $80bn, $1.4bn above consensus, citing strong Blackwell chip demand. Citi has raised its first-quarter revenue forecast for Nvidia to $80bn, surpassing the Street consensus of $78.6bn. The upgrade reflects stronger-than-expected demand f
Citi projects Nvidia’s Q1 revenue at $80bn, $1.4bn above consensus, citing strong Blackwell chip demand. Citi has raised its first-quarter revenue forecast for Nvidia to $80bn, surpassing the Street consensus of $78.6bn. The upgrade reflects stronger-than-expected demand f
Crypto wallet firm Exodus reduces Bitcoin holdings to fund acquisitions and expand into payments, including a new dollar-backed stablecoin. Exodus sold $87 million worth of Bitcoin in Q1 to eliminate debt and fund its expansion into payments. The firm now holds $48 million
Salem Media agrees to a $1-per-share buyout by WaterStone, valuing the company at approximately $27 million. Salem Media announced it will be taken private by WaterStone, a move structured as a $1.00-per-share acquisition. The deal covers all outstanding shares of the medi
Salem Media agrees to a $1-per-share buyout by WaterStone, valuing the company at approximately $27 million. Salem Media announced it will be taken private by WaterStone, a move structured as a $1.00-per-share acquisition. The deal covers all outstanding shares of the medi
The biotech firm reports a Q1 GAAP loss of $526.11 per share while holding $388.9 million in cash through March 31, 2026. BridgeBio Oncology Therapeutics reported a first-quarter GAAP loss of $526.11 per share, reflecting ongoing investment in drug development. The company
The biotech firm reports a Q1 GAAP loss of $526.11 per share while holding $388.9 million in cash through March 31, 2026. BridgeBio Oncology Therapeutics reported a first-quarter GAAP loss of $526.11 per share, reflecting ongoing investment in drug development. The company
Crude oil inventories fell by 2.188 million barrels The decline in US crude oil inventories was reported for the week ending May 8. The decrease follows a prior week drop of 8.1 million barrels. Analysts had expected a smaller draw of 1.65 million barrels,
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