Bitcoin's price reached an intraday high of $79,989 amid a surge in derivatives trading, with futures and options open interest climbing sharply toward $58 billion and $39 billion respectively. Traders are aggressively buying call options, especially on Blackrock’s IBIT ETF, driving premiums higher and signaling strong bullish sentiment. Major exchanges like Binance and Deribit show significant open interest in high strike price calls, with some traders betting on Bitcoin hitting six figures. The market now faces key expiration dates that could influence whether Bitcoin sustains its rally above $80,000 or experiences a pullback as positions unwind.
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...
