Author: jet

TLDR Medtronic shares decline 1.44% following announcement of a $650 million acquisition of SPR Therapeutics. The 60-day PNS system from SPR enhances Medtronic’s portfolio of minimally invasive pain treatments. The chronic pain therapy broadens access for close to 50 million

TLDR ARM shares reached a record high of $239.51 before advancing to $242.03, lifting year-to-date gains above 104%. Rosenblatt lifted its target to $270 and Jefferies to $290, both keeping Buy ratings after solid Q4 results. Licensing revenue rose 29%

TLDR K33 Research indicates that the current Bitcoin bear market exhibits structural differences from previous cycles, suggesting limited downside risk. The firm points out that Bitcoin funding rates have remained negative for 81 days, signaling prolonged bearish sentiment. Analysts suggest

TLDR Charles Hoskinson has verified that he maintains a significant stake in ADA. He characterized Cardano as his life’s mission and reiterated his dedication to the blockchain’s future. Hoskinson noted that his personal financial well-being is intrinsically linked to the

TLDR Tether has invested in Sorted Wallet’s $4.4 million funding round, aiming to expand cryptocurrency adoption worldwide. Gnosis is co-leading the funding alongside Tether for a mobile-centric wallet designed for regions with limited financial services. Sorted Wallet focuses on bringing

TLDR Coinbase has scheduled a system maintenance window for May 23, which is anticipated to span approximately 30 minutes. The platform has assured users that trading services will continue to function throughout the maintenance period. Market participants might encounter latency

TheTLDR AllUnity intends to introduce a Swedish krona-backed stablecoin named SEKAU, subject to regulatory clearance. The stablecoin will be issued in compliance with the European Union’s MiCA regulatory framework. AllUnity confirmed that Swedish krona reserves will fully collateralize the token.

TLDR Roblox shares fell 23% in premarket trading after multiple analyst downgrades that followed a weaker-than-expected Q1 report Q1 bookings hit $1.73B, landing slightly below forecasts, while 132 million daily active users missed analyst estimates Full-year 2026 bookings guidance has

TLDR President Trump issued an executive order instructing the Federal Reserve to assess granting crypto and fintech companies direct access to its payment accounts. The order requires the SEC, CFTC, OCC, and FDIC to examine policies that could prevent fintech

TLDR Ark Invest acquired approximately 122,000 shares of BLSH over a two-day period (May 18–19), representing an investment of about $2.5 million. The shares were distributed among three exchange-traded funds: ARKK, ARKW, and ARKF. BLSH shares had retreated to a

TLDR Between May 13 and 18, Strive acquired 382 BTC at an average of $79,348 per coin, totaling about $30.3 million. The company’s total Bitcoin reserves are now 15,391 BTC, worth around $1.2 billion. Strive holds the ninth spot among

TLDRs; Intel’s shares bounced back 3.3% as investors reevaluated AI demand—looking beyond GPUs to CPUs. Upgrades from analysts at Citi and Benchmark lifted market sentiment regarding Intel’s long-term earnings prospects. Markets are adjusting positions ahead of Nvidia’s earnings report, a

TLDRs; Pinterest shares drop as post-earnings momentum fades amid pressure from the ad market. Pinterest’s AI-powered advertising strategy faces stiff competition from Meta and Reddit. Robust user growth and positive revenue outlook fail to ease investor concerns. Buyback support and

TLDR Walmart stock hit an all-time high of $134.71, up 37% over the past year Options traders expect up to a 5% swing this week following Thursday’s earnings report Q1 revenue is expected at $174.94 billion, up ~6% year-over-year; EPS