CME Group has launched 24/7 trading for Bitcoin futures and options on its Globex platform, eliminating the traditional Friday-to-Sunday market closure that caused the well-known CME weekend gap. This change aligns CME futures with Bitcoin's continuous spot market, reducing weekend risk and enhancing hedging for institutions. Despite this, liquidity remains higher in offshore perpetual futures and ETF options like BlackRock's IBIT, which still dominate the market. Three CME gaps from earlier this year remain open but the structural inefficiency caused by weekend closures is effectively over, marking a significant step toward more integrated and efficient institutional crypto markets.
Grail's stock surged 55% in one week following a positive FDA advisory committee vote on its Galleri multi-cancer early detection test, which was deemed safe and beneficial. Analyst Kyle Mikson raised the price target from $80 to $150, reflecting str...
Roblox stock fell 6% following Jefferies' downgrade to Underperform and a price target cut to $38, citing concerns over overly optimistic bookings outlook and slower user growth in the US and Canada. This downgrade contrasts with steady performance i...
Geely Holding Group has acquired a 30% stake in Nio Power, the battery swapping and charging unit of Nio, valuing the business at about RMB16 billion. This investment marks a significant external validation of Nio's battery swapping network, a key as...
CoreWeave reported strong Q2 results with significant scale and margin improvements, supported by a $104.2 billion backlog driven by demand from hyperscalers exceeding supply. The company raised its 2026 revenue guidance to $12.4–$13.2 billion, expec...
Tiziana Life Sciences has dosed the first three patients in a Phase 2a trial testing foralumab, a nasal spray antibody, for treating early-stage ALS. The Healey ALS MyMatch BANYAN trial will enroll 44 patients to evaluate safety, tolerability, and im...
