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The $10 Billion Energy Corridor That Could Bypass Hormuz
A new initiative proposes a $10 billion energy corridor through Syria and Turkey to reduce global dependence on the Strait of Hormuz for oil and gas transit.
Traders Bet Anthropic Restores Fable 5 AI Access by July After Trump Admin Order
Prediction market traders on Kalshi see a 58% chance Anthropic will restore access to its Fable 5 AI model by July 1, after the Trump administration directed the company to limit its reach.
L3Harris Missile Unit Axyv Taps JPMorgan, Morgan Stanley for IPO
L3Harris Technologies has selected JPMorgan Chase and Morgan Stanley to lead the IPO of its missile unit Axyv, signaling strong institutional interest in defense spinoffs amid rising global defense budgets.
SpaceX Leveraged ETFs See $1B in First-Day Trading Frenzy
Leveraged SpaceX ETFs generated over $1 billion in trading volume on their debut, highlighting intense retail demand for exposure to Elon Musk's company ahead of its record IPO.
Ripple invests in Flutterwave to push stablecoin payments across Africa
Ripple invested in African payments firm Flutterwave as part of its Series E, aiming to integrate RLUSD stablecoin for cross-border settlements and expand XRP Ledger use in Africa.
Gold Miners vs Silver Miners: Which Precious Metals ETF Wins Now
A comparison of gold-focused and silver-focused precious metals ETFs reveals key differences in risk profiles, sector allocations, and geographic exposure that investors should consider.
Kidisle Coffee Maker Recall After 27 Burn Injuries Reported
The CPSC recalled 17,600 Kidisle single-serve coffee makers after 107 incident reports and at least 27 burn injuries, including first- and second-degree burns.
Sovereign Debt Chiefs Welcome Hedge Fund Growth in Bond Markets
Sovereign debt managers are increasingly viewing hedge funds as beneficial participants in government bond markets, shifting away from traditional risk perceptions.
Wall Street Embraces 24/7 Trading as Crypto Model Gains Traction
Traditional finance firms are moving toward round-the-clock trading for various assets, a shift long seen in crypto markets that could reshape equity market structure and liquidity dynamics.
Robinhood Cuts 10% of Staff as Crypto Revenue Slumps
Robinhood is cutting 10% of its workforce to streamline operations as a downturn in crypto-related revenue pressures the trading platform's profitability.
Brightline Bondholders Extend Debt Payment Deadline by Two Weeks
Brightline Trains Florida LLC secured a two-week extension from holders of $985 million municipal bonds, delaying a debt payment due Monday to the end of the month.
Wells Fargo Raises S&P 500 Target on US-Iran Deal Optimism
Wells Fargo raised its S&P 500 year-end target, citing easing macroeconomic worries and improving sentiment as a potential US-Iran deal nears.
Nvidia Bonds Trade Actively After Landmark $25 Billion Sale
Nvidia's $25 billion bond sale saw active secondary trading with prices near issue levels, signaling strong demand for high-grade corporate debt.
Binance says MiCA application compliant despite report of Greek rejection
Binance says its MiCA license application in Greece remains compliant after a Reuters report claimed the Hellenic Capital Market Commission is set to reject it before the end of June.
Ethereum Glamsterdam upgrade enters final development phase
Ethereum developers are testing devnets with all EIPs for the Glamsterdam upgrade, marking the final stage before public testnets and mainnet deployment.
Australian LNG Strike Threatens Global Gas Supply as Qatar Recovery Lags
Workers at Inpex's Ichthys LNG facilities voted to escalate strike action to 8-hour daily stoppages, threatening global gas supply amid Qatar's slow recovery.
State Street launches stablecoin reserve money market fund
State Street launched a government money market fund tailored for stablecoin issuers under the GENIUS Act, as traditional finance firms compete for reserve management in a market that could reach trillions.
Gloom Coffee Opens First Seattle Cafe in Pioneer Square
Gloom Coffee has opened its first brick-and-mortar cafe in Seattle's Pioneer Square, featuring in-house roasting and cocktail-inspired nonalcoholic drinks, marking a notable expansion in the specialty coffee scene.
Yum! Sells Pizza Hut to LongRange Capital for $2.7 Billion
Yum! Brands sells its struggling Pizza Hut chain to private equity firm LongRange Capital for $2.7 billion, shifting focus to Taco Bell and KFC.
SSR Mining Stock Rises on Cash Return Plans
SSR Mining shares jumped after the company announced plans to return cash to shareholders through dividends and share buybacks, signaling strong financial health.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.