Bitcoin is currently trading around $79,337, behaving like gold as investors hedge against inflation amid uncertainty over a potential Federal Reserve rate hike next week. CoinShares highlights mixed signals from Fed officials, with some favoring a rate increase due to inflation concerns and others suggesting rates may hold if inflation shows signs of easing. The market currently prices a 60.4% chance of a 25 basis point hike at the upcoming FOMC meeting. Bitcoin’s breakout above $80k depends on either a resolution to the Iran conflict easing inflation fears or worsening confidence in U.S. debt boosting demand for alternative stores of value. Key upcoming events include the August inflation report and the Fed meeting, which will clarify the Fed’s stance on inflation versus employment priorities.
Obra Capital has closed its fifth Collateralized Loan Obligation (CLO) offering, raising $403.6 million. This deal brings the firm's total CLO issuance to more than $2 billion across five deals in less than two years, demonstrating strong investor co...
ImPact Biotech reported positive early results from its Phase 1 trial of Padeliporfin VTP in patients with locally advanced, unresectable pancreatic cancer. Of 12 patients treated, 75% have undergone or are scheduled for surgery, with over half achie...
Avacta Therapeutics presented positive preclinical and early clinical data for AVA6103, a novel peptide-drug conjugate targeting FAP-positive tumors resistant to Enhertu. AVA6103 demonstrated superior tumor control and prolonged drug release in precl...
eSoftware Associates has introduced a free five-minute AI readiness assessment to help regulated organizations identify and prioritize security risks related to sensitive file access in Microsoft 365 before deploying Copilot. The assessment highlight...
Balchem Corporation reported strong Q3 2026 results with net sales of $290.7 million, up 8.6% year-over-year, and net earnings of $46.7 million, a 16% increase. Growth was driven by all three segments: Human Nutrition and Health, Animal Nutrition and...
