IREN Stock Falls 8% After Q4 Miss; AI Cloud Shift Gains Momentum

AI Cloud Services revenue more than doubled sequentially to $70.5 million. IREN said it signed a new multi-year contract with a leading AI lab. CEO Daniel Roberts said 2026 capacity is “largely sold out.” Retail sentiment for IREN was ‘extremely bullish.’  IREN Ltd. shares tumbled more than 8% in overnight trading late Thursday after the bitcoin miner … Read more

India’s SCO participation ‘fundamental’ for multipolar world: Kyrgyzstan

Kyrgyzstan’s Ambassador Askar Beshimov calls India’s participation in the SCO Summit ‘fundamental,’ underscoring PM Modi’s vital role in shaping a multipolar world and contributing to discussions on development, terrorism, and institutional reform. India’s participation in the upcoming Shanghai Cooperation Organisation (SCO) Summit in Bishkek is of “fundamental importance” to both Kyrgyzstan and the grouping as … Read more

BioCryst’s Orladeyo Built The Cash Pile, CEO Gayer Wants To Buy The Next Asset

CEO Gayer told CNBC in an interview that the company is now profitable and plans to use that cash to invest in other rare-disease medicines. Gayer, who took the top job in January, said Orladeyo, BioCryst’s once-daily pill for hereditary angioedema, is generating the money to fund a new drug buy.  BioCryst expects full-year Orladeyo … Read more

Uttarakhand boosts disaster management after deadly Nepal floods

Learning from Nepal’s deadly floods, Uttarakhand is bolstering its disaster management. Minister Madan Kaushik said the govt will strengthen monitoring of glacier lakes and rivers, installing advanced early warning systems to mitigate potential risks. Uttarakhand Strengthens Disaster Preparedness Uttarakhand Disaster Management and Rehabilitation Minister Madan Kaushik on Friday said that Uttarakhand is highly vulnerable to … Read more

SEBI mulls exempting merchant bankers for small-value debt issues

SEBI has proposed exempting listed issuers from appointing a merchant banker for small-value debt placements (Rs 10,000 face value). The move aims to ease costs and operational challenges for issuers meeting specific eligibility criteria. The Securities and Exchange Board of India (SEBI) has proposed exempting certain listed issuers from the mandatory appointment of a merchant … Read more

US Judge Blocks Trump Admin’s Blacklisting of AI Startup Anthropic

A US federal judge blocked the Trump administration’s blacklisting of AI startup Anthropic. The judge ruled the action was unlawful retaliation for the company’s protected speech after it raised concerns about its technology’s use by the government. A US federal judge has blocked the Trump administration from blacklisting AI startup Anthropic, ruling that the action … Read more

Walmart To Pay $50M To Settle DOJ Lawsuit Over Invalid Opioid Prescriptions — WMT Stock In Focus

Associate Attorney General Stanley Woodward said federal pharmacy rules exist to protect the public and that profit cannot justify conduct that fuels the opioid epidemic. Under the settlement, Walmart also signed a DEA memorandum of agreement requiring an employee-and-patient hotline, monitoring of pharmacy dispensing patterns, and a process to evaluate suspected illegal prescribers. The settlement … Read more

BJP Punjab serves show-cause notice to 3 leaders over indiscipline

The BJP Punjab Disciplinary Committee has issued show-cause notices to three senior leaders—Randeep Singh Deol, Maninder Singh Kapial, and Jatinder Kalra—for making statements contrary to party discipline during a press conference in Sangrur. The Bharatiya Janata Party (BJP) Punjab Disciplinary Committee has issued show-cause notices to three senior party leaders for making public statements contrary … Read more