Pernod, Brown-Forman Deal Being Considered Includes Significant Stock Component, Families Behind The Cos Would Likely Each Retain Significant Stakes - WSJ

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.

Nvidia is officially facing a class-action lawsuit from investors for allegedly concealing $1 billion in revenue from cryptocurrency mining cards.

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.