Category: Latest News

Sonnet BioTherapeutics (NASDAQ:SONN) saw its stock soar by 290% after announcing an $888 million business combination that will pivot the company into a cryptocurrency treasury focused on HYPE tokens. The biopharmaceutical firm has signed a definitive agreement with Rorschach I LLC, a newly formed entity backed by Atlas Merchant Capital and Paradigm Operations LP, to…

Shares of Fastenal Company (NASDAQ:FAST) gained over 3% in premarket trading Monday after the industrial and construction supplies distributor announced better-than-expected results for the second quarter, propelled by stronger customer contract signings and effective pricing strategies. The Winona, Minnesota-based firm reported adjusted earnings per share of $0.29 for the quarter ending June 30, 2025, narrowly…

Shares of Waters Corporation (NYSE:WAT) declined 2.2% following the announcement of a $17.5 billion Reverse Morris Trust deal to merge with Becton Dickinson’s (NYSE:BDX) Biosciences & Diagnostic Solutions division. BD’s stock also dropped 2.1% after the news broke. Under the terms of the transaction, Becton Dickinson will receive about $4 billion in cash before the…

Shares of Daré Bioscience, Inc. (NASDAQ:DARE) soared by 250% following the release of encouraging interim data from its Phase 3 clinical trial of Ovaprene, a novel hormone-free monthly intravaginal contraceptive under development. The independent Data Safety Monitoring Board overseeing the trial reviewed the safety findings and recommended the study proceed as planned without any changes.…

The U.S. dollar ticked up on Monday, while the euro weakened slightly, after President Donald Trump announced a fresh round of tariffs on imports from the European Union. Despite the headline-grabbing move, currency markets reacted with relative calm. As of 05:30 ET (09:30 GMT), the Dollar Index—tracking the greenback against six major global currencies—rose 0.1%…

U.S. stock futures fell early Monday as financial markets digested a whirlwind of global developments — including aggressive new tariffs from President Donald Trump, upbeat trade figures from China, and a fresh surge in Bitcoin prices fueled by crypto optimism in Washington. Trump Unveils Sweeping Tariffs on EU and Mexico Tensions in global trade escalated…

Elon Musk has firmly rejected the idea of merging Tesla (NASDAQ:TSLA) with his artificial intelligence venture, xAI. The billionaire entrepreneur gave a blunt “No” in response to a user on X (formerly Twitter) who asked if the two companies might join forces. The clarification follows Musk’s recent disclosure that he intends to seek approval from…

Gold prices crept higher during Asian trading hours on Monday, extending recent gains as renewed global trade tensions and rising geopolitical instability pushed investors toward traditional safe-haven assets. Investor nerves were rattled after U.S. President Donald Trump announced a fresh wave of tariffs over the weekend, this time targeting goods from Mexico and the European…

Bitcoin (COIN:BTCUSD) surged to a record-breaking price above $122,000 during early trading in Asia on Monday, fueled by growing institutional demand and ahead of a crucial week for cryptocurrency legislation in the United States. By 01:48 ET, Bitcoin had climbed 3.9% to $122,467.8, briefly touching a high of $122,562.4 earlier in the session. Institutional Demand…

Oil prices extended their upward trend during early trading in Asia on Monday, building on last week’s strong performance amid mounting speculation that the U.S. might impose additional sanctions on Russia. Market sentiment also remained cautious as global trade tensions intensified following President Donald Trump’s announcement of new tariffs targeting the European Union and Mexico.…