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US stock futures rise after Iran conflict dubbed a 'love tap' by Trump; investors await April jobs data.
US stock futures increased following a minor military exchange near the Strait of Hormuz between US and Iranian forces, which former President Donald Trump described as a 'love tap.' Despite geopolitical tensions, markets focus on strong tech earning...
SoftBank cuts OpenAI margin loan target from $10B to $6B amid lender concerns.
SoftBank is reportedly reducing its planned margin loan backed by its OpenAI stake from $10 billion to as low as $6 billion due to lender caution over OpenAI's valuation. The loan, intended to support SoftBank's continued AI investments, faces scruti...
Wrap Technologies to showcase non-lethal BolaWrap system at European law enforcement event in Italy
Wrap Technologies will present its non-lethal BolaWrap device, immersive WrapReality training, and policy strategies at a European law enforcement conference in Italy on May 13-14, 2026. The event aims to introduce safer, modern public safety tools t...
FDA agrees on two clearance pathways for BioCardia's Helix delivery catheter, favoring simultaneous CardiAMP therapy approval.
BioCardia announced that the FDA agreed on two possible marketing clearance pathways for its Helix Transendocardial Delivery Catheter System, with no safety or performance concerns raised. The FDA's preferred approval route is simultaneous with the C...
US Treasury may borrow over $2 trillion in fiscal 2026 amid rising debt and costs.
The US Treasury plans to borrow more than $2 trillion from private markets in fiscal year 2026, driven by a projected $2.065 trillion deficit and rising national debt nearing $39 trillion. Borrowing needs are expected to stay above $2 trillion throug...
Rocket Lab soars on record $2.2B launch deal, defense contracts, and strong Q1 earnings.
Rocket Lab secured its largest launch contract ever, a multi-launch deal for eight missions from 2026 to 2029, boosting its backlog above $2.2 billion and 70 missions. The company also won a $30 million hypersonic test launch contract with Anduril In...
Profusa gets Nasdaq approval to move listing to Capital Market tier, pending milestones by July 6, 2026
Profusa, a digital health company specializing in continuous biochemical monitoring, received approval from the Nasdaq Hearings Panel to transfer its stock listing from The Nasdaq Global Market to The Nasdaq Capital Market. This move is conditional o...
SEA startups must adapt AI products for US market amid rising digital sovereignty barriers.
Dmitry Shubov Consulting released a briefing to help Southeast Asian startups navigate emerging 'Digital Borders' caused by countries adopting sovereign AI platforms. With Gartner predicting 35% of nations will use region-specific AI by 2027, SEA fou...
Nintendo raises Switch 2 price to $500 due to global memory shortages starting Sept 1
Nintendo announced a $50 price increase for its Switch 2 console, raising the price to $500 starting September 1. This is the first price hike since the console's launch last June and is driven by ongoing global memory shortages, which have pushed up...
Apple plans new MacBook Ultra and upgrades amid chip shortages delaying Mac Mini and Mac Studio supplies
Apple is reportedly preparing to launch a new high-end MacBook Ultra with a touch screen, alongside iMac color refreshes and upgrades to Mac Mini and Mac Studio with new M5 chips. However, a global RAM shortage driven by demand for AI tools is causin...