Major drugmaker loses $27 billion in market value after failed trial
Two companies announced on Thursday that the heart disease drug they had been developing failed its Phase III trial. Source:MarketWatch
Crypto trader applies legendary HODL strategy to EUR/USD forex bet
A trader on Ostium has held a $1.14 million long position in EUR/USD perpetual futures for 400 days, applying a bitcoinstyle HODLing strategy to forex.…
SK Hynix Nasdaq listing may become the second-largest equity offering ever, trailing only SpaceX’s
Friday’s offering of SK Hynix may become the secondlargest equity offering ever. Source:MarketWatch
Two blockbuster AI IPO's on the horizon could leave crypto further behind
A wave of blockbuster AI listings is drawing billions of dollars from global investors, reinforcing a rotation away from crypto. Source:CoinDesk
Former Dallas Cowboys cheerleader Reece Weaver buys $750,000 home in Alabama after sudden exit from squad
Netflix sensation and Dallas Cowboys Cheerleaders darling Reece Weaver has already turned the page on her time with the team—and planted new roots in the state…
7-Eleven made $349 million from surge in gasoline prices in the U.S. last quarter
Convenience store operator 7Eleven on Thursday disclosed a $349 million profit from the surge in gasoline prices during the last quarter, even as fewer…
Bank of Japan may speed up rate hikes, pushing borrowing costs above 2%, ex-BOJ official warns
Former BOJ official issues interestrate warning as yen continues to slide against the dollar. Source:CoinDesk
XRP holds near $1.10 as traders watch long-term breakout setup
XRP defended the $1.00$1.05 support zone, but the nearterm chart remains capped below resistance as analysts track larger wedge and channel patterns.…
Crypto could benefit if Fed steps in to backstop US stock market: Analysts
The size and scope of the US stock market “gives policymakers a strong incentive to backstop major drawdowns,” said Bitget Wallet COO, Alvin Kan.…
Levi’s is finding new ways to win customers — by looking toward tops and ‘denim luxury’
Jeans maker raises its fullyear outlook for the second straight time, but shares fall after hours Source:MarketWatch
Bitcoin tumbles back to key $60K support level: What’s behind the sell pressure?
Bitcoin faces renewed sell pressure amid an oil price surge, Japan economic contagion risks and a fresh round of selling from Strategy. Source:Cointelegraph
Did you mess up on your taxes? The IRS just made it easier to avoid paying a penalty.
It’s a ‘major taxpayer win,’ according to one advocate inside the IRS Source:MarketWatch