BlackRock has introduced a new tokenized money market fund called BRSRV, designed for managing stablecoin reserves. The fund records ownership on Solana, Ethereum, and Tempo blockchains, but invests only in cash, short-term U.S. Treasuries, and repurchase agreements, avoiding direct cryptocurrency exposure. This product targets institutional investors with a $3 million minimum investment and is structured to qualify as a reserve asset under the GENIUS Act, which regulates stablecoin backing in the U.S. The launch reflects growing institutional interest in stablecoin reserve management amid evolving regulations.
Grabar Law Office is investigating claims against Erasca, Insulet, Power Solutions International, and PROCEPT BioRobotics for alleged breaches of fiduciary duties and misleading shareholders. The investigations focus on issues such as misleading stat...
VINCI, a French public limited company, disclosed the total number of shares forming its capital and the total voting rights as of July 31, 2026. The company has 587,033,654 shares and the same number of theoretical voting rights, with 554,842,442 vo...
A new market report forecasts significant growth in the global advanced carbon materials sector through 2037, driven by rising demand in electric vehicles, renewable energy, aerospace, defense, and AI infrastructure. The report covers 16 material cat...
Kimberly-Clark reported Q2 earnings per share of $1.80, missing the expected $2.01, and revenue of $4.19 billion, slightly below the $4.22 billion forecast. The company lowered its growth expectations due to cautious consumer spending, a fire at a di...
Amgen is set to report its Q2 2026 earnings with analysts forecasting a 2.9% increase in revenue to about $9.45 billion, despite a projected 7% drop in earnings to $5.60 per share. The company benefits from strong sales of key drugs like Repatha, Tez...
