US Bitcoin demand has remained negative for a record 78 days while Citadel Securities views July's equity selloff as a positioning reset. US Bitcoin demand has been negative for 78 consecutive days, marking a record streak as speculative capital exits the market. Meanwhile
Analysts warn Nvidia's $500 billion and $250 billion AI financing deals may inflate demand artificially, echoing 2000 tech crash risks. Nvidia's recent $500 billion partnership with SK Group and a proposed $250 billion backstop for OpenAI are raising concerns about circula
All-stock deal unites 11 CNS therapies, including ADHD and opioid-use disorder treatments, to form a diversified biopharma entity. Supernus Pharmaceuticals and Indivior Pharmaceuticals agreed to merge in an all-stock transaction, creating a biopharmaceutical company with p
This story was To receive daily news and insights, subscribe to our free daily QSR AM Jolt. Wingstop has accomplished what many brands pin to their dream boards The chicken chain surpassed $5 billion in systemwide sales, crossed 3,000 restaurants globally, and built
Raiffeisen Bank International surpasses the 55% threshold in its takeover bid for Addiko Bank, valuing the deal at €517m. Raiffeisen Bank International (RBI) has secured 56.16% of Addiko Bank shares, exceeding the 55% minimum threshold required for control. The acceptances
Broadridge posted a 6.4% year-over-year increase in Q4 net earnings, driven by higher revenue in its investor communications segment. Broadridge Financial reported fourth-quarter net earnings of $398 million, or $3.44 per share, up from $374.2 million, or $3.16 per share,
The company reported $0.59 non-GAAP EPS and $816M revenue, exceeding analyst expectations for the quarter. UL Solutions posted second-quarter non-GAAP earnings per share of $0.59, surpassing estimates by $0.03. Revenue reached $816 million, up 5.2% year-over-year and $2.36
The bank exceeded analyst forecasts with $19.5 billion pretax profit and announced a $1 billion share buyback program. HSBC Holdings reported a 23% year-on-year increase in first-half pretax profit to $19.5 billion, surpassing analyst estimates of $18.9 billion. Profit aft
The industrial equipment maker boosted its growth forecast as AI data center demand drives record orders and revenue. Caterpillar increased its annual revenue growth target after reporting stronger-than-expected second-quarter profits. The company cut its full-year tariff
The partnership aims to integrate international sustainability practices into Uzbekistan’s cotton production standards. Uzbekistan’s Uzstandard agency and the Better Cotton Initiative (BCI) signed a Memorandum of Understanding to align national cotton standards with global
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