Summit Therapeutics shares are dropping Monday morning as it reported a fourth-quarter adjusted loss nearly double that of the prior year. It also announced a collaboration with Pfizer.
Aluminum Extends Slide as Traders Weigh Signs of Weak US Economy
(Bloomberg) -- Aluminum extended its retreat from an eight-month high as sentiment remained cautious following weak US economic data.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Airbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthAs Visitors Discover Ghent, the City Is Trying to Prevent a Tourism TakeoverWall Street suffered its
Saylor’s Strategy Buys More Bitcoin With Proceeds From Bond Offering
(Bloomberg) -- Strategy, the self-styled Bitcoin treasury company that until recently was known as MicroStrategy, said it acquired $1.99 billion more of the cryptocurrency with the proceeds from last week’s convertible bond sale.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Airbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthAs Vi
Preston Pysh joins Debifi to strengthen Bitcoin-backed lending
Debifi partners with Preston Pysh to advance Bitcoin-backed lending, noting overcollateralization to eliminate systemic risk.
German business leaders say new government must act quickly to rescue stagnant economy
Germany's businesses have been frustrated by government inaction on the stagnating economy. Sunday's national election raises hopes of a stable two-party coalition of conservatives and center-left Social Democrats, with center-right leader Friedrich Merz as chancellor.
Alibaba upgraded, Rivian downgraded: Wall Street's top analyst calls
Alibaba upgraded, Rivian downgraded: Wall Street's top analyst calls
Peru's economy seen growing 4% this year with stable inflation
(Reuters) -Peru's gross domestic product (GDP) will likely expand by 4% this year and rank as the second-fastest growing economy in Latin America, a senior official told reporters on Monday, as inflation is seen holding for another year at around 2%. The Andean economy is bouncing back from recession, with the government of President Dina Boluarte and the central bank forecasting positive prospects for 2025, including fewer inflationary pressures and more investment. Peru's economy for decades was one of Latin America's top performers, but in recent years growth has cooled as social unrest hit the country's key mining sector amid growing political instability.
Wall Street-Backed Crypto Exchange EDX Markets Adds 17 New Cryptocurrencies, Including XRP, SOL, Trump Coin
The expansion significantly broadens trading options for users, reflecting a friendlier regulatory environment in the U.S.
BP to abandon green energy target and ramp up oil
BP will this week abandon plans to radically increase green energy generation and instead ramp up oil production, according to reports.
Bybit’s $1.4B crypto hack could be an angel in disguise for Ethereum
Bybit’s $1.4 billion hack, the largest in crypto history, might have unexpected implications for Ethereum. As the exchange moves to recover, could this be a bullish catalyst for ETH?