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Iran uses Bitcoin and Tether to bypass sanctions, moving $10B in crypto in 2025.

Market News
09 Sep 2026
Bitcoin
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Neutral
Iran uses Bitcoin and Tether to bypass sanctions, moving $10B in crypto in 2025.

Iran is increasingly using cryptocurrencies like Bitcoin (BTC) and Tether (USDT) to circumvent U.S. financial sanctions, with about $10 billion in crypto transactions reported in 2025. The Iranian central bank has encouraged businesses to repatriate funds via digital assets, making crypto a key part of trade settlements. Despite U.S. efforts, including Operation Economic Outcast targeting Iran's crypto channels, the use of digital currencies in Iran's trade continues to grow, signaling a shift in how sanctions impact global finance in the digital age.

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Applied Digital eyes $1B net income by 2027 amid AI data center expansion, Q1 loss expected.

Applied Digital eyes $1B net income by 2027 amid AI data center expansion, Q1 loss expected.

Applied Digital is set to report a fiscal Q1 loss of $0.30 per share on $116.3 million revenue, reflecting ongoing investments in AI and high-performance data centers. The company has expanded its Polaris Forge 1 campus to 250 MW operational capacity...

Company Fundamentals
Bullish
1 hour ago
Needham raises Vaxcyte price target after strong Phase 3 trial of VAX-31 vaccine

Needham raises Vaxcyte price target after strong Phase 3 trial of VAX-31 vaccine

Investment firm Needham increased its price target for Vaxcyte to $122 from $110 following positive Phase 3 trial results for Vaxcyte's VAX-31 pneumococcal vaccine. The vaccine met all primary endpoints in the OPUS-1 trial, showing noninferiority to ...

Analyst Insights
Bullish
2 hours ago
GMAB's Rina-S shows 45.9% response in ovarian cancer trial, advancing to Phase 3 studies.

GMAB's Rina-S shows 45.9% response in ovarian cancer trial, advancing to Phase 3 studies.

GMAB's investigational drug Rina-S demonstrated a 45.9% confirmed response rate in a Phase 1/2 trial for platinum-resistant ovarian cancer, with a median response duration of 12.1 months and median progression-free survival of 9.5 months. Despite ser...

Market News
Bullish
3 hours ago
Japan Gold Corp. to host live virtual update on Oct 6, showcasing exploration progress in Japan.

Japan Gold Corp. to host live virtual update on Oct 6, showcasing exploration progress in Japan.

Japan Gold Corp., the largest mineral exploration company in Japan, announced a live virtual corporate update on October 6, 2026, hosted by Red Cloud Financial Services. The event will include a presentation and live Q&A session, with a replay availa...

Market News
Neutral
4 hours ago
SPYM ETF charges less than VOO for S&P 500 exposure but tracks multiple indexes historically.

SPYM ETF charges less than VOO for S&P 500 exposure but tracks multiple indexes historically.

The SPDR Portfolio S&P 500 ETF (SPYM) charges a lower fee of 0.02% compared to Vanguard's VOO at 0.03%, making it slightly cheaper for investors seeking S&P 500 exposure. However, SPYM's long-term performance record is based on four different indexes...

Market News
Neutral
4 hours ago
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