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
Blue Owl stock price has crashed in the past few months, turning one of the most blue-chip financial giants into a fallen angel. It dropped to a low of $10.50 on Friday, down sharply from the all-time high of $25.20. This retreat has brought its market capitalization to $15.4 billion from a record high of
Fridays used to be reserved for routine headlines. But since Donald Trump’s reelection, every Friday seems like a bombshell day. And last Friday delivered a constitutional jolt to global trade. In a 6–3 ruling, the US Supreme Court struck down President Donald Trump’s use of emergency powers to impose sweeping tariffs, removing the executive “on-off
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
Royal Bank of Canada stock has been in an unstoppable bull run in the past few years and is now hovering at its all-time high. It has soared by 160% in the last five years, beating JPMorgan, which has jumped by over 133% in the same period. So, will the rally accelerate as the company
Millions of people on GLP-1 weight-loss drugs know the weekly routine by heart: a new injector pen, a new box, another reminder to refill, and one more item for the sharps bin. Eli Lilly is trying to make that routine feel less like a chore. The company says it has launched a new Zepbound KwikPen
Tesla stock (NASDAQ: TSLA) was higher on Friday, a notable divergence as Big Tech led a sharp selloff with investors debating whether the AI spending boom is starting to pressure near-term profits. The contrast matters because it suggests Tesla stock is being treated less like a simple “tech beta” trade and more like a stock
Pinterest Inc (NYSE: PINS) crashed more than 20% this morning after reporting a “disappointing” Q4 and offering current-quarter guidance that suggested things aren’t expected to improve anytime soon. And while the company’s management attributed much of this weakness to “tariffs,” Citi analysts believe there’s more at play here that could make it difficult for PINS
January delivered the kind of mix investors and policymakers have been looking for: inflation cooled even as the labor market kept adding jobs. The US consumer price index rose 0.2% in January and was up 2.4% from a year earlier, while core inflation (which strips out food and energy) rose 0.3% on the month and
The meteoric rise of artificial intelligence, which once propelled markets to record highs, has hit a wall of skepticism. In early February 2026, a sharp sell-off rippled through global exchanges as the narrative shifted from “AI as a savior” to “AI as a disruptor.” This volatility was primarily triggered by two factors: a massive spike