Genetic testing company 23andMe (NASDAQ:ME) has filed for Chapter 11 bankruptcy protection in a Missouri federal court, marking a dramatic fall for a company once valued at nearly US$6 billion. Alongside the bankruptcy, the Associated Press reported that co-founder Anne Wojcicki has stepped down as chief executive, effective immediately, though she will remain on the company’s board. Founded in 2006, ...
Electra Battery Materials (TSXV:ELBM,NASDAQ:ELBM) announced on March 21 that it has received a letter of intent from the Canadian government for C$20 million in proposed funding. The money would support the construction and commissioning of North America’s first battery-grade cobalt refinery, a critical step toward strengthening the region’s electric vehicle (EV) supply chain. The refinery, located in Temiskaming Shores, Ontario, ...
Gold’s surge to record highs is beginning to reinvigorate investor confidence in companies focused on the yellow metal, reversing months of outflows and fueling fresh optimism in the sector. With the gold price breaching US$3,000 per ounce and climbing over 15 percent in 2025, investors are reassessing the profitability of gold-mining companies as the metal’s higher price is reflected in ...
Cardano (ADA) continues to show signs of recovery, with whales significantly accumulating the token. Recently, whale addresses holding between 100 million and 1 billion ADA have purchased over 240 million ADA, worth approximately $175 million. This surge in whale activity suggests confidence in Cardano’s next performance, and the next key price target for ADA could be $0.85. Whale Activity Supports ...
Memecoin launchpad PumpFun has once again transferred a large amount of Solana (SOL) to Kraken. According to data from Onchain Lens, a total of 54,113 SOL worth approximately $7.81 million were moved to the trading platform. The PumpFun Large Solana Transfer Continues It is worth mentioning that this transaction is part of a pattern in which the launchpad has offloaded ...
Ethereum price is attracting renewed market attention as analysts present technical scenarios pointing toward a potential move above the $2100 mark. Recent analyses from experts suggest that Ethereum price behavior is showing both bullish short-term structure and macro-level cyclical patterns, which could support an upward continuation if key levels hold. Ethereum Price Could Surge Past $2100 on Liquidity Grab Analyst ...
From a chain of massive barges stretching from a Chinese beach into the sea, to a powerful new design for cutting undersea cables at record depths, China’s latest maritime innovations have captured the attention of defense experts – fueling concerns about their potential role in a future invasion of Taiwan. While these new tools may ostensibly have civilian uses, experts ...
Peruvian President Dina Boluarte has called for general elections to be held on April 12, 2026, saying she hopes the call can “put an end to a period of instability” that the country has experienced in recent years. “We hope for the good of Peru that the 2026 elections will not only allow our citizens to exercise their right to ...
It’s not the full 30-day ceasefire in Ukraine that US President Donald Trump demanded – far from it. But it is a deal with both Russia and Ukraine and, therefore, a rare sign of progress. The White House announced Tuesday that both Ukraine and Russia have agreed to a limited deal restricting military action in the Black Sea – albeit ...
The stronger-than-expected Services PMI reported on Monday injected optimism into the stock market. There was also some relief as news hit that the April 2 implementation of tariffs may be scaled back. On Tuesday, however, the market hit the brakes and stalled the upside momentum. Consumer confidence fell by 7.2 points in March, a sign that U.S. consumers are worried ...
Embattled genetic testing company 23andMe, once valued at $6 billion, filed for Chapter 11 bankruptcy protection in Missouri federal court on Sunday night. The company’s CEO, Anne Wojcicki, has resigned from her role as chief executive effective immediately, though she will remain a member of the board. Joseph Selsavage, 23andMe’s chief financial and accounting officer, will serve as interim CEO, according ...
Bitcoin is more closely correlated to the Nasdaq than it is to gold most of the time, and investors could benefit from viewing it as another big tech stock, says Standard Chartered. Bitcoin’s correlation with the Nasdaq is currently at about 0.5, after it approached 0.8 earlier this year, according to the bank. Meanwhile, its correlation with gold has been falling ...