Orbimed Raises $1.86 Billion For Healthcare Royalty & Credit Fund V

SpaceX eyes a historic $1.75T IPO, merging aerospace, xAI, and an $580M Bitcoin treasury. With a record $75B raise planned for June 2026, the S-1 filing reveals a vertically integrated giant poised to redefine global capital markets and institutional BTC adoption.

TradingKey - Shares of Micron Technology (MU) fell 3.4% on Wednesday, marking its fifth consecutive trading session of declines. The latest source of pressure may be Google’s (GOOGL) (GOOG) launch of the TurboQuant compression algorithm.

TradingKey - Earlier this week, Google unveiled TurboQuant, a new extreme compression algorithm. The algorithm is expected to reduce memory usage by approximately sixfold and boost computing speeds by up to 8x on the same GPU configuration, triggering a broad pullback in the semiconductor sector. Sa

TradingKey - Amid yen depreciation pressure, Japan is contemplating an unprecedented policy concept. The Japanese government is evaluating an unconventional intervention scheme—utilizing $1.4 trillion in foreign exchange reserves to directly intervene in the crude oil futures market by establishing short positions to suppress oil prices, thereby indirectly alleviating yen depreciation pressure.

TradingKey — OpenAI CFO Sarah Friar disclosed in a blog post last Sunday that the company’s 2025 Annual Recurring Revenue (ARR) has exceeded $20 billion, up from $6 billion in 2024 and 10 times the $2 billion annualized revenue recorded in 2023. Despite surging revenue, the expenditure situation has