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, Inc. shares plummeted approximately 83% on September 15, 2025, following the announcement that its Phase 3 EFZO-FIT study of efzofitimod in pulmonary sarcoidosis failed to meet its primary endpoint. The biotechnology company’s stock fell from a previous close of $6.03 to around $1.02 in early trading, representing one of the most significant single-day declines in the company’s trading history. The disappointing results have raised questions about the future development path for efzofitimod, the company’s lead therapeutic candidate for treating interstitial lung diseases. Phase 3 Study Falls Short of Expectations, Investor Confidence Hit The EFZO-FIT study, which enrolled 268 patients…

Brokerage firm Robinhood is planning a closed-end fund that would give retail investors access to its venture capital portfolio — a space traditionally reserved for institutions and high-net-worth individuals.The brokerage disclosed Monday that it has filed a Form N-2 with the US Securities and Exchange Commission (SEC) to register shares of the Robinhood Ventures Fund I (RVI), which will be managed by its new subsidiary, Robinhood Ventures DE.If approved, shares of RVI will be listed on the New York Stock Exchange, where they can be bought and sold through participating brokerage platforms.Robinhood said the fund will back companies “at the…

“It’s important to find a way to manage your emotions to prevent them from damaging your financial and personal future.”

Matecrypt Crypto Group Limited, a leading regulated cryptocurrency exchange, today announced the official launch of its strategic expansion into Latin America. This multi-faceted initiative introduces localized services, dedicated regional leadership, and a new educational platform designed to empower users and protect them from the growing risks of industry misinformation.This expansion directly addresses the soaring demand for secure digital asset solutions in the region, where cryptocurrency adoption has surpassed 30% in some areas due to economic dynamics and cross-border remittance needs. By establishing a formal presence, Matecrypt aims to provide a reliable and compliant alternative to unregulated platforms and combat the…

Stellar’s XLM token endured sharp swings over the past 24 hours, tumbling 3% as institutional selling pressure dominated order books. The asset declined from $0.39 to $0.38 between September 14 at 15:00 and September 15 at 14:00, with trading volumes peaking at 101.32 million—nearly triple its 24-hour average. The heaviest liquidation struck during the morning hours of September 15, when XLM collapsed from $0.395 to $0.376 within two hours, establishing $0.395 as firm resistance while tentative support formed near $0.375.Despite the broader downtrend, intraday action highlighted moments of resilience. From 13:15 to 14:14 on September 15, XLM staged a brief…

1. US Inflation Numbers Open the Door to a Rate Cut This MonthUS inflation ticked higher in August, with rising to 2.9%, the highest since January, and holding at 3.1%. Together with softer producer prices and a rise in , the figures support expectations for a 25bps in September. Price pressures remain mixed: food costs continue to climb while discretionary goods ease, and service-sector inflation shows subtle signs of abating. With inflation likely to remain around 3%, markets are betting on three cuts this year, though we see room for only two unless the labour market weakens further. Source: Charlie…

Mutuum Finance is currently in Phase 6 of its presale. The project has a current token price of $0.035 and has reportedly raised more than $15.75 million. It has attracted over 16,280 holders and sold more than 710 million tokens. Mutuum Finance (MUTM) The numbers tell their own story. Mutuum Finance has raised more than $15.75 million, attracted over 16,280 holders, and seen more than 710 million tokens sold in its presale. The project is now in Phase 6, priced at $0.035, but this stage is selling fast before climbing to $0.040. Momentum is only part of the story. What…

On Monday, Strategy, the company known for having the largest bitcoin treasury, announced that it has acquired an additional 525 BTC. This purchase has increased the company’s total bitcoin holdings to an impressive $73.49 billion. The update was shared by Strategy’s founder, Michael Saylor, who had previously hinted at the acquisition on Sunday. Saylor stated, “Strategy has successfully acquired an additional 525 BTC.” This move by Strategy underscores the company’s continued commitment to expanding its bitcoin holdings, reinforcing its position as a leading institutional investor in the cryptocurrency space. The latest purchase further solidifies Strategy’s belief in bitcoin as a…

Strive, which recently closed its merger with Nasdaq-listed Asset Entities, announced its board of directors on Monday, bringing a wealth of crypto industry background to the “first publicly traded asset management Bitcoin treasury company,” along with more details regarding its Bitcoin accumulation strategy.The company raised $750 million in financing, with up to an additional $750 million in financing from warrants over the first 12 months, according to a release. It will start off with initial bitcoin holdings of 69 BTC, worth around $7.9 million in today’s prices, that were raised under Section 351 of the Internal Revenue Code, a provision…

Pinewood Technologies Group PLC (trading as Pinewood.AI) will be added to the FTSE 250 Index from 16 September 2025, FTSE Russell has confirmed. The inclusion comes less than two years after Pinewood.AI became an independent, pure-play software company focused on automotive retail solutions. Since its separation from Pendragon PLC in 2024, the business has secured new contracts, expanded its portfolio into artificial intelligence, including the launch of a GPT-powered Automotive Intelligence Chat product, and prepared for entry into new markets such as North America. Pinewood.AI said it will provide a fuller update on its strategy and outlook alongside interim results…