Press "Enter" to skip to content

Posts published in “Uncategorized”

Nethermind Moves Cross-Chain Operations From LayerZero to Chainlink 

TLDR Nethermind shifts cross-chain operations from LayerZero to Chainlink after review. Nethermind joins Chainlink as a node operator supporting CCIP and Data Feeds. Chainlink gains Nethermind as another major provider of cross-chain infrastructure. Nethermind ends its LayerZero verifier role and focuses cross-chain work on CCIP. Nethermind brings Ethereum engineering expertise to Chainlink’s growing network...

FalconX and Ethena Launch $1B Facility to Expand Institutional Crypto Lending 

TLDR FalconX and Ethena launch a $1B facility for secured institutional crypto loans. Ethena will deploy USDe backing assets into overcollateralized institutional credit. FalconX will originate loans and manage collateral under the new $1B facility. The deal expands Ethena’s USDe backing beyond traditional crypto basis strategies...

Today’s Top Stories: Moderna, Merck, Marvell and SK Hynix Make Big Moves on Wall Street

TLDR Moderna and Merck’s personalized mRNA cancer vaccine met all endpoints in a Phase 3 melanoma trial Marvell Technology struck an expanded AI chip deal with Google worth a potential $120 billion through 2033 Estée Lauder surged around 18% after issuing a stronger-than-expected profit forecast for fiscal 2027 SK Hynix announced a $28.6 billion share

Tempus AI (TEM) Stock Surges 24% on Merck and Moderna Cancer Vaccine Win

TLDR Tempus AI stock jumped nearly 24% after Merck and Moderna reported a Phase 3 win for their cancer vaccine The news boosted the value of Tempus AI’s $1.5 billion deal to acquire Personalis, which provides gene-sequencing tech for Moderna’s cancer program TEM reported its first-ever quarterly GAAP net profit of $5.6 million in Q2

J&J offers $5.5bn settlement in lawsuits claiming talc link to cancer

J&J offers $5.5bn settlement in lawsuits claiming talc link to cancer  Al JazeeraJohnson & Johnson offers to pay $5.5bn to settle baby powder lawsuits  BBCJohnson & Johnson Announces a Proposed Resolution of Ovarian Talc Litigation  Yahoo FinanceJ&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims  BloombergJohnson &amp...

Alphabet’s cash burn raises alarm for Big Tech as AI spending climbs

Alphabet's cash burn raises alarm for Big Tech as AI spending climbs  ReutersGoogle's extreme AI capex spending plans trigger a technical warning on the stock price  Yahoo FinanceAlphabet and Tesla test Wall Street's patience as AI spending overshadows growth  CNBCAnthropic and SpaceX just handed Google the biggest profit quarter in company history—on paper  FortuneQ2 2026 earnings call: Remarks from

Stock futures are higher as Wall Street awaits latest earnings report: Live updates

Stock futures are higher as Wall Street awaits latest earnings report: Live updates  CNBCStock market today: Nasdaq leads Dow, S&P 500 futures higher as chip stocks revive  Yahoo FinanceStock Market Today: Chip Stocks Lead Futures Higher — Live Updates  WSJWall St futures gain on Iran ceasefire hopes...