Stock Market & Financial News
HUTCHMED (China) signs licensing deal with GSK for experimental solid tumour drug
GSK subsidiary GlaxoSmithKline Intellectual Property (No. 4) Ltd will pay a unit of HUTCHMED (China) $110 million upfront for rights to an experimental drug for solid tumours, the Chinese drugmaker said on Thursday.
HCM HYPE Joins Hashdex Crypto ETF as Fifth-Largest Holding
Hyperliquids HYPE token has joined the Hashdex Nasdaq Crypto Index US ETF (NCIQ), becoming the funds fifth-largest holding behind Bitcoin (BTC), Ethereum (ETH), XRP and Solana (SOL). The addition gives HYPE greater exposure to institutional investors as the Hyperliquid ecosystem continues to gain momentum.
Remixpoint Sells Altcoins, Books $742K Gain and Shifts to Bitcoin
Japan-listed Remixpoint recorded an overall profit after selling its holdings of Ethereum, Solana, XRP and Dogecoin, as the company moves to concentrate its cryptocurrency portfolio entirely on Bitcoin. Remixpoint sold all four altcoin positions on September 1 after reviewing market conditions and the risk-return profile of each digital asset.
EUR/USD Price Forecast: Turns sticky to 20-day EMA
EUR/USD Price Forecast: Turns sticky to 20-day EMA
Bitcoin Holds Above $77K as XRP Leads Crypto Gains
Bitcoin traded above $77,600 during Asian trading on Thursday, gaining about 1.5% over the previous 24 hours after recovering from a low near $76,400 during late U.S. trading. XRP outperformed major cryptocurrencies, rising nearly 3% to $1.36.
VinFast-linked taxi firm GSM eyes US, EU expansion ahead of Hong Kong IPO
Vietnamese electric taxi operator Green and Smart Mobility (GSM), a partner of VinFast , the country's largest carmaker, plans to expand into the U.S. and Europe ahead of a targeted 2028 initial public offering in Hong Kong, the company said.
GSM 
Chevron: Hess And Production Growth Strengthen The Long-Term Outlook
Chevron Corporation offers an attractive combination of production growth, strong cash flow, and a relatively low valuation, supporting a buy rating. The Hess acquisition enhances CVX's growth profile, adding high-quality assets like Guyana's Stabroek Block and boosting production and efficiency via $1.5B in planned synergies. Management targets 2-3% annual production and over 10% adjusted free cash flow growth through 2030, even at $70 Brent, while maintaining significant shareholder returns.
CVX 
Why Is Uniswap (UNI) Price Down Today? Key Drivers Behind UNI's Pullback
Why is Uniswap (UNI) price down today? This outline focuses on the immediate sell-off drivers, market context, and the key UNI levels traders are watching next.
Hyperscale Data cuts BTC holdings 79% in AI pivot
Hyperscale Data ended Bitcoin mining in Michigan and cut its BTC holdings 79% while preparing the facility for an AI computing customer.
CrowdStrike Holdings, Inc. (CRWD) Presents at Fal.con, Las Vegas Transcript
CrowdStrike Holdings, Inc. (CRWD) Presents at Fal.con, Las Vegas Transcript
CRWD 
Bitcoin ETFs Reverse Course With $101M Inflows as BTC Nears $78K
US spot Bitcoin ETFs recorded $101.1 million in net inflows as Bitcoin recovered from a dip and climbed back above $77,700.
Backpack US appoints Solana investor Kyle Samani
Backpack US appointed Multicoin cofounder Kyle Samani to its board as the company expands its regulated financial services.
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Explainer: Why a longer working week may not fix Volkswagen's woes
With a confrontation brewing between management and unions over Volkswagen's restructuring plans amid wider efforts to protect the future of German auto production, attention is turning to the industry's 35-hour working week.
VWAGY 
Somnigroup Lifts Synergy Target to $75M After Closing Leggett & Platt Deal
Somnigroup International NYSE: SGI said it has completed its acquisition of Leggett & Platt, expanding its vertical integration in bedding components while adding businesses serving automotive, furniture, geocomponents and hydraulic-cylinder markets.
TGT 
Philippines Gold price today: Gold rises, according to FXStreet data
Philippines Gold price today: Gold rises, according to FXStreet data
Dogecoin becomes only losing bet for Japan-listed firm as it sells altcoins for bitcoin
Remixpoint booked gains on ether, solana and XRP, but sold DOGE below its fiscal-year opening value as it concentrated its crypto holdings in bitcoin.
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
KOSPI jumps, Nikkei hesitates as Asia tests whether the bond rout is over
Asian stocks recovered on Thursday as a pause in the global bond selloff brought buyers back to South Korea and Japan, although the rebound remained cautious ahead of Friday's US jobs report. The KOSPI climbed 1.4% to 6,654.76 by late morning, clawing back part of Wednesday's 3.99% plunge, while the Nikkei 225 edged about 0.1% higher to 64,374.
EWY 
Solana V1 transactions hit testnet, aiming to fold multi-step operations into one
On September 1, Anza initiated Transaction V1 on the testnet of Solana, allowing for the final rehearsal of this upgrade prior to its launch on September 9.
Pakistan Gold price today: Gold rises, according to FXStreet data
Pakistan Gold price today: Gold rises, according to FXStreet data
India Gold price today: Gold rises, according to FXStreet data
India Gold price today: Gold rises, according to FXStreet data
On the Chain: Bitcoin stalls near US$77,000 as rate fears test August rally
Bitcoin hovered around US$77,000 on Thursday morning as higher bond yields, elevated oil prices and growing expectations of another US interest rate rise tested the cryptocurrency's strong August rally. The world's largest cryptocurrency has retreated from above US$81,000 reached in late August and was trading around US$77,000 in the latest session, with buying momentum showing signs of cooling.
EUR/JPY Price Forecast: Falls to near 183.00 near symmetrical triangle bottom
EUR/JPY Price Forecast: Falls to near 183.00 near symmetrical triangle bottom
Malaysia Gold price today: Gold rises, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
Sterling Infrastructure: Growth Is Not In Doubt
Sterling Infrastructure has transformed into a leading data center construction play, posting 90% revenue growth and raising guidance for the third straight quarter. STRL's recent 55% stock correction is attributed to margin compression from business mix, not demand or operational deterioration. E-infrastructure's margin fell as lower-margin electrical work (CEC) gained share, but both site development and electrical margins are improving individually.
STRL 
Bitcoin back above $77,500, XRP leads majors as Fed hike odds near 66%
Every major token is green over 24 hours, though only zcash and hyperliquid are holding gains on the week.
Morning briefing: EUR/USD could trade within 1.1550-1.1650
Morning briefing: EUR/USD could trade within 1.1550-1.1650
Elliott Wave outlook: Gold anticipates minimum three wave rally
Elliott Wave outlook: Gold anticipates minimum three wave rally
Dell stock looks stronger than ever, but one financial line is moving the other way
Dell Technologies (NYSE: DELL) delivered one of its strongest quarters on record, but one financial line moved sharply in the opposite direction. Revenue jumped 58% to $47 billion and net income rose 255% to $4.13 billion.
DELL 
