The Clarity Act, recently advanced by the Senate Banking Committee, restricts stablecoin providers from offering passive interest similar to bank deposits, favoring Circle's USDC which uses activity-based rewards. This legislation reduces yield competition, strengthening Circle's market position as USDC's market share has grown from 41% to 60% in a year. The Act aligns with Circle's strategy by allowing incentives tied to transaction activity rather than passive yields, supporting USDC's expansion without classifying it as a deposit. The bill now awaits a full Senate vote and further congressional approval before becoming law, potentially solidifying Circle's competitive edge in the stablecoin market.
Boston Scientific has invested $1.5 billion to acquire about a 34% stake in MiRus, gaining exclusive rights to its investigational transcatheter aortic valve replacement (TAVR) system designed for severe aortic stenosis. The SIEGEL valve features a n...
Activist investor Elliott Investment Management has taken a significant stake in Bio-Rad Laboratories, which develops medical instruments and software. Bio-Rad's founding family retains majority voting control, complicating activist efforts. Elliott ...
Small-cap stocks are starting to outperform again, but ETF investors remain focused on mega-cap technology and AI stocks, leading to small-cap ETFs holding only about 4% of ETF assets down from 10%. Despite $25 billion outflows from small-cap mutual ...
Aristotle and Always On Data have partnered to enhance political campaign targeting for the 2026 election cycle by providing precise voter intelligence that is easily deployable across major digital platforms. Their collaboration allows campaigns to ...
CrowdStrike Holdings' stock climbed nearly 3% amid a broader market decline after Keybanc analyst Eric Heath raised the price target from $525 to $700, citing strong demand for AI-driven security services like Mythos and Frontier AI Readiness. The co...
