In Q1 2026, Wells Fargo increased its holdings in ether ETFs, notably raising Blackrock's iShares Ethereum Trust shares by 63% to 1.1 million. The bank also diversified its bitcoin ETF exposure by trimming some positions while adding to others. Meanwhile, Wells Fargo sharply reduced its stake in Galaxy Digital by 97%, reflecting caution amid crypto market pressures, but significantly expanded its shares in Strategy, a major bitcoin holder. These moves indicate a strategic shift towards balanced crypto exposure across ETFs and corporate equities as digital asset markets mature.
Cerebras Systems, an AI chip maker based in Sunnyvale, California, is set to go public on Nasdaq under the ticker CBRS on May 14, 2026, marking the first IPO from TSG Invest's Venture 50 Index. The company raised its IPO price range to $150-$160 per ...
Cerebras Systems, an AI chip maker known for its wafer-scale engine technology, is set to debut on Nasdaq under ticker CBRS, marking the first IPO from TSG Invest's Venture 50 Index. The company raised its IPO price range to $150-$160 per share due t...
Techstars has formed a strategic partnership with fintech platform Xendoo and accounting software Xero to offer startups a comprehensive financial operations solution. This collaboration aims to help early-stage companies maintain better financial vi...
Sapu Nano and Oncotelic have dosed the first patient in a Phase 1b clinical trial of Sapu003, an intravenous formulation of everolimus designed to treat advanced mTOR-sensitive solid tumors such as HR+/HER2- breast cancer and renal cell carcinoma. Th...
The Gabelli Utility Trust Board approved monthly cash distributions of $0.05 per share for July, August, and September 2026, maintaining its fixed monthly payout policy. The Fund's shares currently trade at a premium to net asset value, which the Boa...
