ATRenew Inc. unveiled its upgraded overseas strategy featuring FoneSquare, a global B2B marketplace for pre-owned electronics, and ReRe, a new consumer brand with both online and offline presence starting in Hong Kong. The strategy aims to replicate ATRenew's successful Chinese model globally by streamlining cross-border trade, deploying automated quality inspection systems, and building a global pre-owned electronics circulation infrastructure. The ReRe brand offers certified pre-owned products through an app, physical stores, and smart recycling kiosks, enhancing accessibility and sustainability in the circular economy. This expansion positions ATRenew to connect compliant pre-owned goods with international demand while promoting greener consumption.
Alnylam Pharmaceuticals lowered its full-year 2026 sales guidance by about $200 million due to slower growth after initial demand in the ATTR-CM market. This announcement led to a sharp drop in its stock price by more than 28%, causing significant lo...
Stripe is set to acquire OpenRouter, an AI gateway startup that offers access to multiple AI models, for more than $7 billion. OpenRouter, valued at $1.3 billion after a $113 million Series B funding round, provides users with a single platform to ch...
Avalanche (AVAX) price fell 2.39% to $6.34 as most altcoins weakened, making AVAX one of the poorest performers despite a flat overall crypto market. The decline lacks a specific catalyst and reflects broad market risk-off sentiment. However, whale a...
Austrian tax law treats swapping Bitcoin for stablecoins as a tax-neutral crypto-to-crypto transaction if the stablecoin qualifies as a cryptocurrency. This means the tax on Bitcoin gains is deferred, not canceled, with acquisition costs transferring...
The S&P 500 showed remarkable earnings growth in Q2 2026, with earnings per share rising 50.8%, largely due to non-operating investment gains and AI-related capital expenditures. Despite a reasonable forward price-to-earnings ratio of 20.7, the marke...
