Strategy's Series A Perpetual Stretch Preferred Stock (STRC) reached a new daily trading volume record of $1.53 billion, surpassing its previous $1.1 billion high. This surge reflects growing investor demand for Bitcoin-related financial products, with STRC offering an 11.5% dividend and supporting Strategy's aggressive Bitcoin acquisition plan, including about 77,000 BTC purchased by late April. The company plans to shift dividend payments from monthly to semi-monthly to attract more investors and improve cash flow. However, some critics question the sustainability of this financing model, comparing it to a Ponzi scheme.
SAPHNELO (Anifrolumab), a monoclonal antibody for moderate-to-severe systemic lupus erythematosus (SLE), demonstrates robust clinical efficacy by targeting type I interferon receptors. Approved in over 70 countries, it generated $483 million in sales...
California Governor Gavin Newsom proposed a new tax extending state sales tax to digital prewritten software purchases, aiming to level the playing field between online and physical store sales. The tax, set to take effect January 1, 2027 pending leg...
OCREVUS, a treatment for multiple sclerosis (MS), showed strong sales growth of 9% in 2025, reaching about $7.6 billion globally. Its broad efficacy in treating both relapsing and progressive MS, along with the recent approval of a convenient subcuta...
New York Governor Kathy Hochul proposes a two-phase tax increase on luxury second homes in NYC to address the city's budget deficit. Initially, homes with at least $1 million assessed value will face a 4-6.5% surcharge, potentially translating to pro...
During a state visit to China, President Donald Trump pushed for broader access for U.S. credit card companies like Visa to enter China's financial market. Trump highlighted Visa's exclusion and expressed hope that restrictions might be lifted. This ...
