Category: Latest News

Bitcoin (COIN:BTCUSD) traded flat on Wednesday, showing little reaction to growing optimism over a potential U.S. government reopening. While risk appetite improved across equity markets, crypto investors remained cautious. By 09:48 ET, Bitcoin hovered around $104,770, barely changed over 24 hours, after dipping earlier in the day to $102,737. The world’s largest cryptocurrency has struggled…

Bernstein Research forecasts that the global stablecoin market will expand to $4 trillion by 2035, ushering in what it calls the “blockchain utility era” — a phase where blockchain technology reshapes the core infrastructure of global finance. In a report released Wednesday, the firm said the U.S. is laying the groundwork to become “the crypto…

Wells Fargo & Company (NYSE:WFC) shares reached a new all-time high of $88.54, marking a major achievement for one of America’s largest banks. The milestone reflects rising investor confidence in the lender’s financial strength and ongoing operational improvements. Over the past year, Wells Fargo’s stock has climbed 21.5%, while delivering an impressive 25.4% year-to-date return.…

Ralph Lauren Corp. (NYSE:RL) shares climbed to a new all-time high of $342.02, marking a major milestone for the iconic luxury fashion house. The stock has soared 61.3% over the past year and delivered an impressive 46% return year-to-date, underscoring sustained investor confidence in the company’s brand strength and strategic execution. The rally comes amid…

Actelis Networks Inc. (NASDAQ:ASNS) shares surged 9.5% on Wednesday after the cyber-hardened networking solutions provider announced a new contract with one of Central Germany’s largest regional utility companies. Under the agreement, Actelis will deliver its hybrid fiber-copper networking technology — equipped with military-grade encryption — to support the utility’s water, gas, and electricity distribution networks.…

Willdan Group Inc. (NASDAQ:WLDN) shares rose 2.6% on Wednesday after the engineering and energy solutions company announced it had secured a $97 million energy savings performance contract from Alameda County, California. Under the agreement, Willdan will design and implement large-scale energy and infrastructure upgrades across 24 county facilities, including electrification of HVAC systems, solar photovoltaic…

Baytex Energy Corp. (NYSE:BTE) shares soared 13% on Wednesday after the Canadian oil producer announced the sale of its U.S. Eagle Ford assets for US$2.305 billion (about $3.25 billion) in cash — a transformative move that will sharpen its focus on its domestic operations. The company said the transaction, which is expected to close in…

Eledon Pharmaceuticals Inc. (NASDAQ:ELDN) shares tumbled 17.8% in premarket trading on Wednesday after the biopharmaceutical firm announced the pricing of a $50 million underwritten public offering, sparking investor concerns over dilution. The company said it will issue 15,152,485 shares of common stock at $1.65 per share and pre-funded warrants to purchase up to 15,151,515 additional…

VisionSys AI Inc. (NASDAQ:VSA) shares plummeted 75% in premarket trading on Wednesday after the brain-machine interaction technology company unveiled a deeply dilutive registered direct offering, sparking investor concerns over significant share dilution. The company said it had entered into securities purchase agreements with institutional investors to sell 9,230,750 American Depositary Shares (ADS), along with warrants…

Cogent Biosciences Inc. (NASDAQ:COGT) shares dropped 2.4% in premarket trading Wednesday after the biotechnology firm priced two public offerings worth a combined $500 million to strengthen its balance sheet and fund ongoing development programs. The company announced it had upsized its equity offering to 9,677,420 shares at $31.00 per share, raising about $300 million, an…