US President Donald Trump, in a statement regarding developments in the Middle East, said that US attacks against Iran have yielded significant results and that military operations in the region are continuing. During a press conference, Trump stated that the targets were specifically Iran’s energy infrastructure and naval power. Trump stated that Kharg Island, one
Alto Neuroscience, a clinical-stage biopharmaceutical company focused on neuropsychiatric disorders, has secured $120 million from institutional and accredited investors to advance ALTO-207, a fixed-dose combination targeting treatment-resistant depression. ALTO-207 is a novel therapy for treatment-resistant depression that pairs pramipexole, a dopamine receptor agonist, with ondansetron. The combination is designed to enhance antidepressant effects in patients
Abra, a digital asset wealth management platform, will transition into a publicly traded company through a merger with New Providence Acquisition Corp. III. The combined entity, Abra Financial, is expected to trade on Nasdaq under the ticker ABRX. The transaction sets Abra’s pre-money valuation at $750 million and allows existing stockholders, including Adams Street, Blockchain
AI agents have now claimed over 9,200 jobs in 2026. Companies like Block explicitly link their layoffs to automation. The workforce is changing faster than most expected. A new report from RationalFX tracked 45,363 tech layoffs worldwide since January. Roughly 20% of those cuts trace directly to AI implementation and organizational restructuring. How to Protect
President Donald Trump unleashed a lengthy tirade against the U.S. Supreme Court on Monday, calling it a “weaponized and unjust Political Organization” after its February ruling struck down his emergency tariffs. The attack came alongside a separate plea for international military support at the Strait of Hormuz, a request that has so far gone unanswered
OpenAI is planning to establish a joint venture with leading private equity firms to accelerate the distribution of its enterprise AI products. According to Reuters, the company is engaging with TPG, Advent International, Bain Capital, and Brookfield to launch the venture, which is expected to be worth about $10 billion, with $4 billion in backing,
Crypto wealth platform Abra said it plans to go public through a merger with special purpose acquisition company New Providence Acquisition Corp. III in a deal that values the firm at $750 million. The combined company will be renamed Abra Financial Inc. and is expected to list on Nasdaq under the ticker ABRX, according to
Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a safe-haven asset. Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week, led by $793 million into Bitcoin (BTC), CoinShares reported on Monday. The inflows mark three consecutive weeks of positive flows
Oil prices continue their upward trajectory amid persistent tensions in the Middle East. Brent crude reached above $106 per barrel on Sunday before pulling back modestly in early Monday trading. Against this backdrop, retail demand for oil exposure is surging. Trailing one-month retail purchases in pure-play oil ETFs hit a record $211 million on Thursday.