US forces launched strikes on Iranian military targets in early May following drone and missile attacks on US Navy ships near the Strait of Hormuz. This escalation disrupted a recent ceasefire and caused global market instability, pushing Bitcoin below $80,000 and triggering $300 million in crypto liquidations. Iran has been using cryptocurrency to collect transit fees in the Strait, circumventing sanctions, leading to US sanctions on Iran-linked crypto wallets. Increased regulatory scrutiny on crypto exchanges could raise compliance costs, impacting smaller platforms and DeFi protocols.
Cartesian Growth Corporation III shareholders approved the business combination with Factorial Inc., a solid-state battery technology leader. Once the deal closes, the combined company will be renamed Factorial Energy Inc. and its shares will trade o...
TextUs has enhanced its business SMS platform with AI-powered features that transform SMS from a simple broadcast tool into a full-funnel revenue channel for SaaS companies. The platform now includes AI-driven contact scoring, smart message delivery ...
Dell Federal Systems secured a $9.7 billion, five-year contract from the Pentagon to manage Microsoft software licenses across the Defense Department, intelligence community, and U.S. Coast Guard. The deal aims to consolidate licenses, reduce duplica...
Cohen & Steers REIT and Preferred Income Fund, Inc. disclosed the sources and estimated amounts of its May 29, 2026 distribution, including net investment income, capital gains, and return of capital. The Fund follows a managed distribution policy to...
Cohen & Steers Closed-End Opportunity Fund, Inc. revealed its distribution sources for May 29, 2026, with 61.61% coming from long-term capital gains and 38.39% from net investment income. The fund follows a managed distribution policy to provide regu...
