Axon Stock Slumps on Dilution Fears After $1 Billion Notes Plan
Axon plans $1 billion of 0% convertible notes due 2031, plus a $150 million option.
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Senate Blocks Clarity Act in 49-50 Vote, Stalling Crypto Market Rules
Senators failed to reach 60 votes on the Clarity Act. All Democrats and four Republicans stopped debate on digital asset rules.
Veea and NovaGen Sign Term Sheet to Launch Edge AI Home Health Platform
Veea and NovaGen signed a term sheet to combine and launch NovaGen Health Networks, a two-stage home health platform. The merger is not closed.
Google Starts Paying Publishers for AI Answers — Wells Fargo Says That Weakens Reddit’s Case
A new Google pilot pays publishers when content powers AI answers. Analysts say that cuts against Reddit’s push for more outbound traffic.
Waystar Explores Sale Two Years After Nasdaq IPO
Waystar is reviewing options that may include a sale and a return to private ownership after its 2024 listing, Reuters reports.
Enova Withdraws Grasshopper Bank Deal as Shares Fall
Online lender Enova abandoned its $369 million Grasshopper deal, saying bank rules lack clear standards. It reaffirmed growth targets and plans more buybacks.