Bitcoin dropped to a five-week low of $74,250 before recovering after President Trump announced a largely negotiated peace agreement involving Iran and several Middle Eastern countries. The deal includes reopening the Strait of Hormuz, easing geopolitical tensions that had pressured risk assets and energy markets. Cryptocurrency markets gained about $75 billion in value following the news, with Bitcoin rebounding near $77,000, though it remains 39% below its October peak and in a downward trend. Analysts noted prior ETF outflows signaled potential weakness before the weekend selloff.
Uber Technologies Inc. has made a full takeover offer for Delivery Hero at €33 per share, slightly below Delivery Hero's recent closing price. Prior to the offer, Uber increased its stake in Delivery Hero from about 7% to 19.5%, becoming the largest ...
Nasdaq has received approval from the SEC to launch cash-settled Bitcoin index options on the Philadelphia Stock Exchange, using the CME CF Bitcoin Real Time Index as the benchmark. These European-style options settle in cash without actual Bitcoin t...
Intuit is rated overweight with a $560 price target following a 17% workforce reduction and a post-earnings stock selloff that the market misinterpreted. The stock trades at a low multiple of 11 times projected 2027 earnings per share, well below its...
IXICO PLC announced a 23% increase in revenues and a 38% growth in its order book, driven by strong demand in Alzheimer’s disease clinical trials and new contracts in diagnostics. CEO Bram Goorden highlighted the company’s TechBio strategy, supported...
Uniswap (UNI) is under selling pressure, with its price down 7.5% to $3.44 and trading volume up 61%, signaling strong market activity. Negative derivatives data and a falling Long/Short ratio indicate traders expect further declines, possibly to the...
