Merck said on Monday that it will split its human-health operations into two separate divisions, a move designed to sharpen focus across its portfolio and ensure smoother launches of new medicines. The move comes as the drugmaker seeks to prepare for mounting sales pressure later this decade, driven by the looming loss of exclusivity for… Continue reading Merck creates separate oncology arm ahead of Keytruda patent loss
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Finland’s IQM leads Europe’s quantum push with US listing plan
Finland’s IQM is positioning itself at the centre of Europe’s quantum technology ambitions as it prepares to enter public markets in the US. According to a CNBC report, the company said on Monday it plans to merge with Real Asset Acquisition Corp, a special purpose acquisition company, in a deal that would value IQM at… Continue reading Finland’s IQM leads Europe’s quantum push with US listing plan
Why is Arcellx stock up 80% today? Gilead’s $7.8B answer
Arcellx stock (NASDAQ: ACLX) climbed roughly 80% in premarket trade on Monday after Gilead Sciences agreed to buy the cancer-therapy developer in a $7.8 billion all-cash deal. The stock’s move wasn’t a mystery rally. The surge was a classic takeover repricing: once Gilead and Arcellx signed a definitive deal at $115 a share, traders quickly… Continue reading Why is Arcellx stock up 80% today? Gilead’s $7.8B answer
Citrini research: S&P 500 to drop 38% from 2026 highs by June 2028
In a sweeping and provocative macro-analysis titled “The 2028 Global Intelligence Crisis,” Citrini Research has outlined a sobering vision of a financial future where the very success of Artificial Intelligence becomes the primary engine of economic instability. The report, co-authored by Alap Shah, suggests that by June 2028, the global economy may be caught in… Continue reading Citrini research: S&P 500 to drop 38% from 2026 highs by June 2028
Trump unveils Tech Corps to drive US AI dominance overseas
The White House has introduced a new Tech Corps within the Peace Corps as President Trump moves to strengthen American influence in global artificial intelligence markets. The initiative links US technology exports with one of Washington’s most established soft power institutions. It comes as competition with China over advanced technologies intensifies, particularly in developing economies… Continue reading Trump unveils Tech Corps to drive US AI dominance overseas
AI moves to space in 30 months, claims Musk, but what does physics say?
“Mark my words: in 36 months, probably closer to 30 months, the most economically compelling place to put AI will be space.” Elon Musk said that on a podcast last week. He meant it literally. His $1.25 trillion plan to fold xAI into SpaceX rests on a single audacious claim: that fleets of solar-powered satellites,… Continue reading AI moves to space in 30 months, claims Musk, but what does physics say?
Trump’s tariffs are gone: is a tech-led breakout now in play?
For over a year, Big Tech quietly absorbed one of the most disruptive cost pressures in recent memory: import tariffs that snaked through every layer of its supply chain. On Friday, the US Supreme Court pulled the plug. In a 6-3 ruling, Chief Justice John Roberts declared that President Trump’s sweeping tariffs, imposed using emergency… Continue reading Trump’s tariffs are gone: is a tech-led breakout now in play?
Intuit stock crash raises stakes ahead of earnings report
Intuit stock price remains in a freefall this month and is now hovering at its lowest level since March 2023. INTU was trading at $380, down by over 52% from its highest point in July last year. This retreat has pushed its market capitalization from over $224 billion to $109 billion. So, will the stock… Continue reading Intuit stock crash raises stakes ahead of earnings report
Russian oil smuggling network exposed by email server leak: report
A technical error uncovered a large network of companies allegedly involved in moving Russian oil while avoiding sanctions, according to a Financial Times investigation. The discovery centres on a private email server, mx.phoenixtrading.ltd, used by hundreds of domains linked to oil trading entities. Investigators traced connections between domain registrations, customs filings, and shipping records, revealing… Continue reading Russian oil smuggling network exposed by email server leak: report