Trader Michael van de Poppe cites Hyperliquid’s ETF launches and AI token resurgence as drivers of altcoin risk appetite. Hyperliquid’s HYPE token reached a new all-time high following the launch of two U.S. ETFs, outpacing broader crypto markets. The surge reflects trader
Zenith Airlines cancels all flights due to cashflow issues The latest airline to enter administration is charter carrier Zenith Airlines, based in London Biggin Hill Airport. The company is in an insolvent position due to cashflow issues, unpaid debtors, and histor
Fennec Pharmaceuticals reports Q1 2026 revenue of $15.1 million for PEDMARK, targeting a larger AYA market and 5,400 U.S. sites. Fennec Pharmaceuticals reported record first-quarter 2026 revenue of $15.1 million for PEDMARK, its sodium thiosulfate treatment for cisplatin-r
Major U.S. indexes closed higher Friday following Fed leadership change, earnings beats, and reduced geopolitical tensions. U.S. equities advanced Friday, with major averages posting gains for the week. The S&P 500 and Nasdaq rose as Kevin Warsh was sworn in as Federal Res
Home Depot reports 0.6% global same-store sales growth in fiscal Q1, marking a turnaround after eight quarters of declines. Home Depot posted a 0.6% increase in global comparable-store sales for its fiscal first quarter, extending a four-quarter streak of positive growth.
Escalating military risks in the Strait of Hormuz lift crude above $100, pushing US gasoline to a four-year high ahead of Memorial Day. Oil prices surged above $100 per barrel as military tensions with Iran intensified, driving the national average gasoline price to $4.53
Qualcomm reported a 70% net income margin for Q1 2026, outpacing Intel's 39% gross margin amid AI-driven market shifts. Qualcomm posted a 70% net income margin for the quarter ended March 29, 2026, driven by its wireless technology licensing and chip sales. The company is
Crypto exchange denies allegations of processing illicit Iranian funds despite internal compliance alerts and prior regulatory penalties. Binance denied a Wall Street Journal report alleging $850M in transactions linked to Iran, including accounts flagged by internal compl
The Innovator U.S. Equity Power Buffer ETF caps annual upside while shielding investors from the first 15% of losses through June 30, 2026. The Innovator U.S. Equity Power Buffer ETF – July (PJUL) restricts S&P 500 gains to 11.3% net of fees for a 12-month period ending Ju
American Express remains a top holding for Berkshire Hathaway Berkshire Hathaway trimmed several stocks from its portfolio but kept its top three holdings steady. American Express boasts a strong economic moat due to its closed-loop payments network. The company
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