Interest rate volatility saw a significant decline last week, with the VIXTLT Index falling over 31 points to 85 basis points. This drop was influenced by Federal Reserve Chair Jerome Powell's indication that the Fed will adopt a 'wait and see' stance regarding any inflation increases driven by energy prices. Additionally, a decrease in SPX call skew and call convexity contributed to a 7-point fall in the VIX Index. The SPX volatility curve shifted from inverted to flat, mainly due to reduced front-end volatility. This overall decline in implied volatilities across asset classes was also supported by optimism over a potential ceasefire in Iran.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Thor Explorations produced 19,153 ounces of gold in Q2 2026 from its Segilola mine in Nigeria, maintaining its full-year production guidance of 75,000 to 85,000 ounces. The company generated $77.3 million in revenue by selling 17,050 ounces at an ave...
Angelini Pharma has finalized its $4.1 billion acquisition of Catalyst Pharmaceuticals, enhancing its footprint in the U.S. market and strengthening its global leadership in brain health and rare diseases. The deal includes significant investments fr...
Zcash (ZEC) has gained over 16% in the past week, rallying from lows near $368 to around $552 following an 11% jump in one session. This surge is driven by anticipation of the Ironwood shielded pool upgrade expected around July 28, which addresses a ...
Greenwich LifeSciences is developing GLSI-100, an immunotherapy targeting HER2-positive breast cancer, currently in Phase 3 trials. The drug showed a 70-80% reduction in cancer recurrence in Phase 2b, outperforming existing treatments with no serious...
