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AIM News20 articles
AST SpaceMobile Switches to SpaceX After BlueBird Setback, Aims for Mid-June Launch
AST SpaceMobile will launch three Block 2 BlueBird satellites via SpaceX in mid-June, following the loss of BlueBird 7 on Blue Origin's New Glenn. The company maintains its 2026 rollout target, with shares up nearly 15% to $75.05.
Bayer's $2.45B Perfuse Buy Aims to Revitalize Eye Drug Pipeline
Bayer acquires Perfuse Therapeutics for up to $2.45 billion to secure Phase II eye drug PER-001, aiming to bolster its ophthalmology unit as Eylea sales slip.
Satoshi Nakamoto Mystery Reignites as Adam Back Challenges New Documentary Claims
Adam Back challenges a new documentary's claims about Satoshi Nakamoto's identity and holdings, as Bitcoin trades near $76,000. The ongoing mystery continues to fuel crypto narratives.
Retiree's $4M S&P 500 Claim Ignites Social Security Debate Ahead of 2033 Trust Fund Depletion
A retiree's assertion that Social Security taxes could have yielded $4M in the S&P 500 reignites debate as the OASI trust fund is projected to run dry by 2033, covering just 77% of benefits.
Hoskinson: XRP Holders Lack Claim to Ripple's Corporate Gains as Cardano Advances DeFi Integration
Charles Hoskinson clarifies that XRP ownership does not grant rights to Ripple's corporate profits, even as Cardano continues developing its plan to incorporate XRP into its decentralized finance infrastructure.
Boeing Unveils New Satellite Platform, Aims for 26 Deliveries in 2026
Boeing and its Millennium subsidiary introduced the Resolute mid-class satellite platform, with plans to deliver 26 spacecraft in 2026. The move responds to urgent military demands for faster production.
Bitcoin Reclaims $75K on ETF Inflows, Easing Oil Prices
Bitcoin climbed above $75,000 Tuesday, erasing weekend losses, fueled by renewed ETF inflows and a drop in oil prices. Major institutions like Morgan Stanley are launching new crypto products.
Grab Deploys AI Suite in Jakarta, Aims to Slash Ride Costs Amid Economic Pressure
Grab Holdings unveiled 13 new AI-powered features in Jakarta, headlined by a Group Ride option promising fares up to 40% lower. The move is designed to alleviate pressure from rising fuel costs and strained household budgets, even as the company's financial outlook remains subdued.
Snapchat Study Aims to Capture Healthcare Ad Dollars Amid Rival Pressure
Snap Inc. published a study indicating 59% of surveyed Snapchat users altered real-world health actions after seeing content on the platform. The move targets healthcare advertising as the company faces pressure from activist investor Irenic Capital.
Intel Reclaims Full Control of Ireland Fab in $14.2B Buyback Deal
Intel will repurchase Apollo Global Management's 49% stake in its Fab 34 semiconductor facility in Ireland for $14.2 billion, regaining full ownership. The company will fund the transaction with cash and $6.5 billion in new debt.
Bitcoin Reclaims $68K on Geopolitical Easing, ETF Inflows Return
Bitcoin climbed past $68,000 Tuesday, buoyed by geopolitical optimism and a return to net inflows for U.S. spot ETFs. Ether gained 2.8% to $2,096.20.
S&P 500 Reclaims Key Technical Level Amid Geopolitical Relief
The S&P 500 rallied sharply, climbing back above its 200-day moving average after President Trump delayed strikes on Iran. The move split analysts on whether it signals a durable rebound or a temporary respite.
Walmart's PhonePe Aims for $10.5B IPO as Major Investors Plan Exits
PhonePe, Walmart's Indian payments subsidiary, is preparing for an initial public offering that could value the company between $9 billion and $10.5 billion. The offering will involve existing shareholders selling stakes worth up to $1.05 billion.
T-Mobile Countersues Verizon in Escalating Ad War Over 'Bait-and-Switch' Claims
T-Mobile has launched a countersuit against Verizon, accusing its rival of 'bait-and-switch' tactics in a recent advertising campaign. The move escalates a legal fight that began when Verizon sued T-Mobile in February over alleged savings exaggerations.
Coinbase Soars 12% as Bitcoin Reclaims $72K; Crypto Stocks Rally
Coinbase shares jumped 12.4% to $204.89 on Wednesday, propelled by a Bitcoin rally back to $72,088. Other crypto-exposed equities like Robinhood and Riot Platforms also posted strong gains.
ASX 200 Reclaims 9,000 as NAB Hits Record High on Strong Earnings
The Australian benchmark index closed above 9,000 points, lifted by robust banking results and technology gains. National Australia Bank reached an all-time high following a solid quarterly performance.
JPMorgan Lawsuit Advances as Judge Allows Key Cash-Sweep Claims
JPMorgan Chase shares held steady at $302.55 as a Manhattan judge allowed central cash-sweep breach-of-contract claims to move forward. The bank faces scrutiny over the interest rates paid on customer idle cash.
Gold Reclaims $5,000 as Soft Inflation Data Fuels Rate Cut Bets
Gold prices rebounded sharply above $5,000 an ounce following softer-than-expected U.S. inflation data, which increased market expectations for Federal Reserve interest rate cuts later this year.
Algorhythm's AI Freight Claims Spark Market Turmoil, Trucking Stocks Tumble
Algorhythm Holdings shares jumped 16.7% in premarket trading following a 30% surge Thursday, as its AI freight efficiency claims triggered a selloff in trucking and logistics stocks.
Aramco Achieves 70% Domestic Procurement, Aims for 75% by 2030
Saudi Aramco has reached a 70% local content level in its procurement through the iktva program and is now targeting 75% by 2030. The initiative has added over $280 billion to the national GDP.