
Biossil's $153M Round Makes It Canada's Newest Unicorn
Biossil (Canada) — Toronto-based startup that uses AI to repurpose failed drug candidates raised $153M led by OpenAI's Startup Fund, hitting unicorn status.
Daily Digest
Daily Digest

Biossil (Canada) — Toronto-based startup that uses AI to repurpose failed drug candidates raised $153M led by OpenAI's Startup Fund, hitting unicorn status.

Boeing (BA) fell 7% after the FAA refused to certify the 737 Max 10 over a software glitch, with United and Southwest halting deliveries of affected jets.
Kodiak Sciences (KOD) scored two AMD endpoint wins in DAYBREAK Phase 3; 17% of the float was short.
MongoDB (MDB) plunges as Desai bolts for Meta the day before investor day; FY27 guidance of ~$3B reaffirmed

Akamai (AKAM) wins its biggest contract ever: $11.6B cloud deal with Anthropic, including a 5% equity warrant.

People Inc shares jumped 11.3% on September 25 after the Wall Street Journal reported MGM Resorts International is weighing a bid for Barry Diller's holding company, reversing one of the year's…
Before there was money, there was a problem. A short walkthrough of the 'double coincidence of wants' that made barter break down, the workarounds early societies tried (debt ledgers, multi-hop trades, forced exchange rates), and how money quietly emerged as the elegant solution - not by decree, but by shared agreement on what counts as valuable.
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People Inc. (PPLI) rose 11.3% Friday as MGM Resorts reportedly weighs a bid for Diller's $2.7B media firm.

Bessent confirms US-China trade truce extension to January 10, 2027 on Fox News, removing a key macro overhang for multinationals heading into Q4 2026.

Precision Neuroscience (USA) raised an oversubscribed $250M Series D to advance its brain-computer interface technology platform.

Costco Wholesale beat fiscal Q4 estimates with EPS of $0.60 versus the $0.48 consensus, sending COST shares 3% higher and affirming its defensive premium as recession fears intensify across equity…

Costco (COST) posted $6.75 Q4 EPS, beating $6.54 consensus, but $0.15 of that beat came from tariff refunds.
Why is some money 'good' and other money broken? A short walkthrough of the three jobs every functioning currency has to do - medium of exchange, unit of account, and store of value - why all three are required, and how hyperinflation, gold, cowrie shells, and digital currencies all map onto the same framework.

Paramount Skydance (PSKY) jumped roughly 4% after launching a record $44.4 billion senior secured notes offering to fund its $110 billion acquisition of Warner Bros. Discovery (WBD).

MongoDB's stock plunged more than 20% Monday after president and CEO CJ Desai resigned without notice to join Meta Platforms, blindsiding investors one day before the company's scheduled Investor Day.

Nvidia (NVDA) adds $150B to its repurchase plan, lifting the AI-funded total program to a record $235 billion.

Wonderful (Israel) secured a $550M investment, one of the largest Israeli enterprise AI rounds of the year.

Nvidia's board authorized a record $150 billion addition to its share repurchase program and unveiled an open AI agent containment platform on Monday, sending NVDA shares up roughly 2% to around $229.

S&P 500 (SPY) earnings are seen up 28.9% in Q3 as 30-year yields at 5.44% narrow the equity premium.
5:00Before there were coins, there were commodities - useful things that doubled as money. A short walkthrough of why salt, cattle, and gold became the world's first currencies, the five properties that decided which commodities won, and the built-in instability of money you could also eat, milk, or wear.

Bitcoin (BTC) ETFs added $134.5M Sept. 25 — day seven of a $2.98B inflow streak past the Bitget hack.

Credo Technology (CRDO) shares rose 7.4% after posting $479M in Q1 FY27 revenue as AI data center buildout fuels structural demand for its 1.6T ethernet connectivity chips ahead of Q2 earnings on…
Gold (XAU) tumbled to $4,146 as 65% Fed-hike odds and 5.2% yields eclipsed Iran crisis demand.
Jefferies (JEF) reports Q3 results today—analysts see $2.21B revenue and $1.04 EPS after the close.

Ten-year Treasury yields approach 6% as Mideast oil fears reignite inflation, dragging emerging market stocks to four consecutive sessions of losses.

Inevitable AI Group (Europe) raised €5.2M led by Aleph to build AI-native SaaS platforms for enterprise users.

Okta fell 5.5% on Monday as a broad cybersecurity sector selloff swept high-multiple software names despite a wave of analyst price-target hikes following the Oktane 2026 conference in Las Vegas.
5:00Once communities agreed money was money, the next problem was proving it. A short walkthrough of how the first stamped coins replaced weighing-and-biting with institutional trust - collapsing transaction costs, enabling vast empires, and introducing a brand-new failure mode: debasement, the silent inflation that toppled currencies long before paper money existed.

Mortgage rates hit 7.45% Thursday as Treasury yields topped 5.19%, the sharpest weekly rise in three years.

HSBC downgraded Twilio to Reduce on September 25, warning the Meta Muse-driven 30% rally prices in AI revenue Meta's own voice stack will capture, not Twilio.

Bloom Energy (BE) surged 8% after Oracle reaffirmed its record 2.4 GW fuel cell commitment for Project Jupiter, dispelling a force majeure-driven selloff.

Meta (META) pulls back 3.3% from its 36% September run as TD Cowen and Canaccord raised targets to $865 and $950 on Friday.

TEKEVER (UK/Portugal) — AI-powered military surveillance drone maker closed a $580M Series D at a $6.4B valuation.

Basecamp Research (UK) — AI-based drug discovery startup raised $140M Series C at an $800M valuation, with Anthropic and Nvidia among the backers.

Verda (Finland) — Raised $189M to expand its AI cloud infrastructure and compute capacity.

Bird (Netherlands) — Secured $450M in new debt financing.

Tavion (Poland) — Raised €45M in combined equity and debt to develop three utility-scale battery park energy storage projects.
4:42How did money break free from metal? A short walkthrough of paper money's accidental origin in medieval China - warehouse receipts that quietly became more useful than the gold inside the warehouse - the Yuan Dynasty hyperinflation that followed, Europe's 600-year-later adoption through private banks, the fractional reserve trick that multiplied money supply, and why digital money is just the same idea taken to its logical conclusion: trust in a promise, with no physical form required.

Zscaler posted a Q4 revenue and earnings beat but ZS stock fell roughly 10% after fiscal 2027 guidance implied a growth slowdown to 17% alongside a 3% workforce restructuring.

Nike (NKE) faces analyst forecasts of a 10% EPS drop Thursday on China weakness and tariff-inflated costs.

S&P 500 (SPY) retreated as Xi's state visit yielded a $30 billion goods deal but no chip or Taiwan accord.

August PCE and September payrolls this week will determine whether the Warsh Fed pushes interest rates higher for a second consecutive meeting.
Micron (MU) reports Q4 Wednesday; HBM3E pricing at peak as hyperscaler demand pushes estimates to $50.86B.
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