In Today’s News

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Crypto-focused Grayscale confidentially files for US listing
The move comes more than a month after the blockbuster IPO of stablecoin giant Circle, another major name in the crypto industry.The IPO market is showing signs of revival after tariffs announced by U.S. President Donald Trump in April briefly stalled its recovery following a two-year lull.A range of companie …. Read More >>

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Huntington Bancshares to buy smaller rival Veritex in $1.9 billion deal
Regional U.S. lenders, to better compete with larger rivals in a tough macroeconomic environment, have been looking to strengthen their balance sheets and achieve greater diversification through mergers. The transaction, which is expected to close early in the fourth quarter of 2025, will help Huntington’s ea …. Read More >>

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RBC lifts S&P 500 year-end price target to 6,250
The S&P 500 eased from a record high on Friday as caution prevailed after President Donald Trump imposed 50% tariffs on Brazil and the EU braced for possible new U.S. tariffs, though the index remains up about 6.4% so far in 2025.”Both RBC economics and consensus anticipate another year like this in 2026,” sa …. Read More >>

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Strong US defense spending draws investors to space startups, report says
(Reuters) -Space startups continued to draw investor dollars in the April-June period, making it the second strongest quarter on record for funding, as increased U.S. defense spending is expected to boost the sector’s prospects, an industry report showed on Monday.Global investments in startups, ranging from …. Read More >>

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RBC lifts S&P 500 year-end price target to 6,250

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