Blackstone Digital Infrastructure Trust raises $1.75B in US IPO Blackstone Digital Infrastructure Trust raised $1.75B in its US IPO after pricing 87.5M shares at $20 each. The underwriters have a 30-day option to lift total IPO proceeds to $2B. The IPO is targe
Euronext, Xetra, and Frankfurt exchanges will operate normally today, though liquidity may be thinner due to regional holidays. European stock markets, including Euronext (excluding Oslo), Xetra, and Frankfurt, will remain open today despite Ascension Day observances in pa
Neonode reports a 19.6% annual revenue increase but widens cash burn to $2.1 million in the quarter. Neonode reported a first-quarter GAAP loss of $0.11 per share on revenue of $0.61 million, up 19.6% from the same period last year. The company’s cash used by operations ro
The TRUMP token declines as Trump Mobile prepares to ship its rebranded T1 smartphone next week amid broader skepticism. The TRUMP token, a memecoin tied to former U.S. President Donald Trump, fell 5 percent after Trump Mobile announced its T1 handset will begin shipping n
The Euro gains against the Yen after the ECB maintains a hawkish stance on interest rates, reinforcing policy divergence. The Euro extended gains against the Japanese Yen, trading near 184.90 in early European trading. The move follows hawkish signals from the European Cen
BTC falls 2.3% to $79,200 after Xi’s Taiwan warning and inflation concerns trigger risk-off sentiment in markets. Bitcoin dropped below $80,000 to $79,200, down 2.3% in 24 hours, as geopolitical tensions and back-to-back inflation surprises pressured risk assets. The decli
Biotech firm Altimmune raises $225 million in a public offering, boosting its cash balance to $535 million ahead of Phase III MASH trial. Altimmune completed an oversubscribed public offering in April, raising $225 million in gross proceeds. The funding, combined with exis
Technical levels suggest potential further downside for the Dollar Index while the euro eyes a rebound toward 1.1800. The Dollar Index has fallen below the critical 98.50/60 support zone, raising prospects of a decline toward 97.50/97 in the near term if the level fails to
US and China leaders emphasize trade cooperation and avoiding conflict in initial remarks at high-stakes economic talks. US President Donald Trump and Chinese President Xi Jinping opened their Beijing summit with remarks stressing trade ties and global stability. Xi highli
The firm supports a global AI oversight body led by the US, marking a rare collaboration amid rising tech tensions between Washington and Beijing. OpenAI announced support for a US-led global artificial intelligence governance body that includes China as a member. The move