FG Nexus suffered over $85 million in losses from its ethereum treasury strategy after buying 50,770 ETH for $196 million in 2025 and selling 36,025 ETH at a lower price, averaging $2,330 per token. This highlights the risks public companies face when using crypto as reserve assets, especially during market downturns. Despite losses, FG Nexus generated $1.5 million of its $2.4 million 2025 revenue from ETH staking, showing staking as a key income source amid price declines. The case underscores the challenge for crypto treasury firms to balance yield income with market risks and investor expectations on asset management.
Medtronic reported adjusted earnings of $1.55 per share, slightly above estimates, and revenue rose 9.9% year-over-year to $9.81 billion, driven by strong cardiovascular segment growth. BTIG upgraded Medtronic from Neutral to Buy, citing accelerating...
The global market for non-invasive blood glucose monitoring devices, which measure blood sugar without needles, is projected to grow from $34.86 million in 2024 to $340.49 million by 2034, at a CAGR of 25.6%. Growth is fueled by the increasing diabet...
IBM has formed a strategic partnership with Google Cloud to accelerate AI adoption across industries like banking, retail, and telecom by launching a joint Google Cloud Practice. The collaboration aims to help customers deploy and manage AI at scale ...
DelveInsight reports over 12 companies developing IgE receptor antagonists for allergic conditions like asthma and chronic urticaria. Key drugs such as ADL-018 and LP-003 are in late-stage trials, showing promise against existing treatments like Xola...
REalloys has invested $20.6 million in the Saskatchewan Research Council's rare earth processing facility, gaining exclusive rights to up to 80% of its expanded heavy rare earth output, including critical metals like dysprosium and terbium. This move...
