Gold prices surged over 2% to above $4,000 per ounce following weaker-than-expected US private-sector job growth, with only 98,000 jobs added versus forecasts of 110,000. This softer employment data, combined with falling oil prices, has increased expectations that the Federal Reserve may ease interest rates sooner, making gold and Bitcoin more attractive as safe-haven assets. The correlation between gold and Bitcoin is strengthening, with both reacting similarly to US labor data. Investors will watch the upcoming official nonfarm payroll report closely for further direction on rate expectations and asset prices.
Elicio Therapeutics has priced a $15 million registered direct offering of common stock to support the Phase 1 clinical development of its lead immunotherapy candidate, ELI-002 7P, targeting KRAS-driven metastatic pancreatic cancer. The offering invo...
Binance will temporarily halt deposits and withdrawals of INJ tokens on July 2, 2026, to support Injective's mainnet upgrade IIP-665, which focuses on performance and technical improvements. Trading will continue uninterrupted, ensuring holders maint...
Solana's staked market capitalization rose sharply by 13.78% to $32.87 billion, reinforcing its position as the second-largest staking network after Ethereum, which remains the largest with $64.14 billion but saw a slight decline. This growth highlig...
Fermi Inc. (FRMI) is positioned as a pure-play investment in the AI infrastructure sector, targeting the critical bottleneck of electricity delivery. Its core asset, Project Matador, includes valuable permits and land for an 11–17 GW AI campus in Tex...
Shares of Chinese electric vehicle makers BYD and Xiaomi surged after both companies reported strong delivery figures for June. BYD's vehicle sales rose 5.46% year-over-year to over 403,000 units, with Deutsche Bank forecasting a 145% quarterly profi...
