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Tempo Brings BlackRock’s BUIDL to Businesses in New Treasury Partnership
CoinGape20d agobullish
Tempo Brings BlackRock’s BUIDL to Businesses in New Treasury Partnership

The ongoing race to become the blockchain of choice for institutional finance is increasingly shifting beyond stablecoins to tokenized Treasury products. The latest entrant is Stripe’s blockchain Tempo, which has integrated BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) into its ecosystem. It gives eligible users access to the world’s largest tokenized money market fund and

Moderna Earnings Are Better Than Expected So Why Is the Stock Falling?
Barrons.com20d agobullish
Moderna Earnings Are Better Than Expected So Why Is the Stock Falling?

Moderna posted a narrower per-share loss and higher revenue in its latest quarter, but shares were tumbling anyway. Moderna posted a loss of $1.97 a share, narrower than the loss of $2.01 Wall Street had anticipated, and slimmer than the per-share loss of $2.13 reported last year. The drugmaker reiterated its full-year guidance of 10% revenue growth, evenly split between U.S. and international sales.

Ares 2Q Fundraising Jumps 39%
The Wall Street Journal20d agobullish
Ares 2Q Fundraising Jumps 39%

Private-fund manager Ares Management reported record fundraising of $36.4 billion in the second quarter, rebounding from a slowdown earlier in the year. The amount of money raised climbed about 24% from the first quarter of this year and 39% from the second quarter of 2025. Fundraising from Ares business development companies—a type of private-credit fund commonly sold to individual investors—dipped, but that was offset by a surge in sales of funds to institutional clients, like pensions and sovereign wealth funds.

Moderna (NASDAQ:MRNA) Beats Expectations in Q2 CY2026
StockStory20d agobullish
Moderna (NASDAQ:MRNA) Beats Expectations in Q2 CY2026

Biotechnology company Moderna (NASDAQ:MRNA) reported Q2 CY2026 results exceeding the market’s revenue expectations, with sales up 2.1% year on year to $145 million. Its GAAP loss of $1.97 per share was 4.2% above analysts’ consensus estimates.

SK Hynix’s 30% Stock Rise in Korea Is Nothing to Celebrate
Barrons.com20d agobullish
SK Hynix’s 30% Stock Rise in Korea Is Nothing to Celebrate

SK Hynix surged on Friday alongside other South Korean shares as traders flooded back into artificial-intelligence stocks. SK Hynix rose 30% to 1.718 million won ($1,197) in local trading in South Korea. The KOSPI has been the world’s hottest stock market so far this year—logging a 57% gain through Friday’s close—but it has been an uncomfortable ride at times.

This Week In Electric Vehicles - Hyundai Partnership Boosts Affordable EV Leasing in Australia
Simply Wall St.20d agobullish
This Week In Electric Vehicles - Hyundai Partnership Boosts Affordable EV Leasing in Australia

Australia's electric vehicle market is experiencing notable advancements following a new partnership between Smart and Hyundai Capital Australia. This collaboration aims to simplify and increase the accessibility of novated leasing for customers at Hyundai and Genesis dealerships. Through this initiative, customers can benefit from bundled cost savings that include significant tax advantages, particularly for electric vehicles (EVs) that qualify for the Fringe Benefits Tax exemption. This...

The Week in Numbers: CXMT debut stuns, Microsoft's market cap soars
Reuters Videos20d agobullishVIDEO
The Week in Numbers: CXMT debut stuns, Microsoft's market cap soars

<body><p>STORY: From CXMT's big hitter IPO to Microsoft's largest one-day gain... This is the Week in Numbers.&nbsp;</p><p>:: Week in Numbers&nbsp;</p><p>:: 466%</p><p>466% was how much shares of CXMT soared by in their Shanghai trading debut...</p><p>catapulting the chipmaker to the top of China's stock market by valuation...</p><p>despite a recent sell off&nbsp;in global tech stocks.</p><p>Data showed the one-day surge was the largest among the world's 10 biggest IPOs this year by deal value.</p><p>And lifted CXMT's market capitalization&nbsp;to $487.73 billion.</p><p>CXMT has emerged as a key pillar of Beijing’s drive to build a self-sufficient chip industry.</p><p>The explosive debut crowned CXMT as China's most valuable listed company.</p><p>:: 17%</p><p>South Korea's benchmark KOSPI jumped 17% as the battered market made a record comeback....</p><p>stirring hopes that a recent rout in AI-related stocks had run out of steam.</p><p>Reversing steep losses from earlier in the week, the reversal followed surges in AI heavyweights Microsoft and Amazon...</p><p>lifting chip stocks broadly after upbeat earnings and forecasts from both.</p><p>:: $99 million</p><p>There was a&nbsp; $99 million loss in the first quarter of the year for Shein as it&nbsp; heads into its Hong Kong IPO.</p><p>Shein blamed slowing U.S. sales after Washington scrapped a duty exemption on small packages...</p><p>plus a one-off $328 million accounting charge.</p><p>Selina Li is Reuters Asia financial services correspondent:</p><p>"I think one thing that is for sure, we know that fast fashion isn't going away, but customers should expect those $3 items to get noticeably pricier as global trade rules catch up with the business model."&nbsp;</p><p>:: 16%</p><p>16% was the second-quarter drop at British Airways owner IAG.</p><p>It's been weighed down by soaring fuel costs and weak travel demand linked to the Middle East conflict...</p><p>and said it now expects capacity to be flat this year.</p><p>IAG, which also owns Iberia and Aer Lingus, said it saw an adverse impact from higher fuel prices from March onwards...</p><p>as fuel costs and emissions charges jumped.</p><p>:: $450 billion</p><p>Microsoft added nearly $450 billion in market value.</p><p>That was the largest one-day gain on record for a company...</p><p>after it forecast stronger-than-expected cloud growth and signaled continued cash generation through its new fiscal year.</p><p>The software giant's shares closed up more than 15%, lifting its market capitalization to $3.35 trillion...</p><p>surpassing chip giant Nvidia's previous record one-day gain.</p><p>The results offered fresh evidence that Microsoft's massive AI investments are beginning to pay off.</p></body>