Variational, an Arbitrum-based derivatives platform, secured $50 million in a Series A funding round led by Dragonfly Capital, with participation from Bain Capital Crypto and Coinbase Ventures. The funds will help scale its trading infrastructure and expand its market offerings, focusing on integrating traditional finance liquidity into blockchain trading. Currently, it has launched Phase 1 with markets for gold, silver, copper, and oil, and plans to introduce over 100 traditional finance markets this summer. The platform uses a unique Request-for-Quote system to connect users directly with liquidity providers, aiming to offer retail-friendly, zero-fee trading through its upcoming Omni app.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Rotork PLC has accepted a £4.1 billion takeover bid from Swiss engineering group ABB, offering shareholders 506p per share, a 73% premium over the previous closing price. The acquisition will enhance ABB's industrial automation business by adding Rot...
Alexandria Real Estate Equities (ARE) is struggling with oversupply and vacancy rates exceeding 30% in key life science markets like Boston, San Francisco, and San Diego. This has caused an 80% decline in its stock price from its peak. The company's ...
ASML Holdings has raised its 2026 revenue guidance midpoint from €38 billion to €44 billion and increased its gross margin midpoint from 52% to 55%, reflecting strong growth prospects. The analyst maintains a Buy rating and raises the price target fr...
Labcorp is considered a buy due to its effective rollup strategy in a fragmented lab testing industry, driving steady and predictable growth. Automation is reducing operational costs, helping to counteract healthcare pricing pressures. The company no...
