Ilika PLC, a UK solid-state battery developer, raised £4.56 million through an oversubscribed share placing to commercialize its battery technology. The funds will support two battery lines: Stereax, for medical devices like pacemakers, and Goliath, aimed at electric vehicles and defense markets. The company plans product optimization, testing, and prototype development, targeting initial revenues and licensing deals. This capital boost positions Ilika to reach key technical and commercial milestones in solid-state batteries, promising safer, longer-lasting energy storage solutions.
The S&P 500 remains close to its all-time highs but is showing signs of struggle, with gains concentrated in a few major tech stocks known as the Mag 7. Broader market participation is weakening, and smaller stocks are underperforming. Energy and Com...
Duke Energy has raised its dividend annually for over 20 years, offering investors a reliable income stream despite slower stock price growth compared to the S&P 500. Over the past decade, a $1,000 investment in Duke returned 127%, largely driven by ...
Larry Ellison, Oracle's founder, has canceled his plan to sell up to 50 million shares worth $7.5 billion. The plan was disclosed in a recent regulatory filing but no shares were sold under it. Ellison still controls more than 40% of Oracle, which he...
Treasury yields have surged to levels not seen in nearly two decades, with the 30-year yield at its highest since 2007 and the 10-year yield approaching 5%. This rise is driven by persistent inflation, particularly from rising energy prices, which ch...
Pump.fun, a Solana-based memecoin launchpad, has replaced its Cashback mode with a new Holder Rewards system. Instead of trading fees going back to creators or active traders instantly, fees now accumulate in a distribution wallet and are paid out mu...
