Nuburu (BURU) Stock: Surge 16% as Tekne Targets U.S. Army Defense Contracts
TLDR BURU shares jumped 16.66% to $0.2356 as Tekne pursued U.S. Army defense deals. Tekne submitted two white papers for the Army’s electronic warfare competition. Tekne also entered a U.S. Army competition for portable counter-drone systems. Nuburu’s…
Oil Prices Steady Near $94 as Tanker Attacks in Hormuz Slow a Two-Month Price Slide
TLDR Brent crude rose about 1.4% to $92.74 a barrel on Wednesday, while West Texas Intermediate gained about 1% to near $87. Oil had dipped below $90 on Tuesday for the first time since August. Tanker attacks near the Strait of Hormuz cooled hopes for a…
Ethereum Price Analysis: ETH Rebounds From $2K, but the Danger Isn’t Over
Ethereum has extended its decline toward the $2K mark after losing the ascending channel that had supported its recovery since June. Trading around $2.05K, ETH is now approaching a key demand zone that could decide whether the correction stabilizes or…
Crypto Long & Short: The GENIUS Act’s guarantees don’t cover DeFi lending
Institutions weighing DeFi lending tend to ask which markets are safest. Mike Hathaway and Joseph Quintilian of Ajna argue the better question is who can change a loan’s terms after the money is lent, and why a fully backed stablecoin offers no…
Anchorage Digital Lets Institutions Borrow Against Tether’s Tokenized Gold
The crypto firm says clients can now hold, trade and pledge Tether Gold (XAU₮), the first of several tokenized real-world assets it plans to support through its Prime platform. The post Anchorage Digital Lets Institutions Borrow Against Tether’s…
Canaan (CAN) Stock Falls 19% After Q3 Revenue Drops 90% Despite $8M Profit
TLDR Canaan (CAN) stock fell about 19% after Q3 revenue dropped 90% to $14.5 million. Net income hit $8 million, but only because of crypto and derivatives gains. Operating loss widened to $42.9 million from $23.9 million a year ago. Mining gross margin…
Forward Industries (FWDI) Is Borrowing Against Solana to Buy More Solana
TLDR Forward Industries now holds about 8.7 million SOL, worth roughly $726.5 million The company added 226,396 SOL since Oct. 1 through purchases and staking rewards It secured a two-year, $50 million credit line backed by staked SOL FWDI hit a near…
Amgen Inc. (AMGN) Stock: Phase 3 Drug Success Sparks Hope for New Sjögren’s Treatment
TLDR Amgen (AMGN) stock falls 0.77% despite promising Phase 3 dazodalibep trial results. Amgen’s Phase 3 trial meets primary endpoints, offering hope for Sjögren’s patients. Dazodalibep significantly reduces systemic disease activity after 48 weeks of…
White House Seeks Remote AI Chip Curbs: Report
The reported request targets overseas computing rentals used by Chinese AI labs, a gap Nvidia has lobbied against closing.
Researchers Say Codex Flaw Put npm Releases at Risk
Depi says OpenAI fixed a chain linking prompt injection, a sandbox escape and publishing credentials. Its disclosure does not report a malicious npm release reaching users.