Opening Recap
Market Pulse: U.S. futures are holding steady while Europe’s indices diverge and Asian markets edge higher amid a lull in central bank activity.
Key Movers: Buzz around a Rumble and Northern Data tie-up, speculation over a $10B squeeze on Ethereum, and Roche’s eye-popping Phase III results in MS are stealing headlines.
Macro & Politics: Kyiv’s new drone-defense chief could ease energy risk premiums, and Washington’s big promises on weight-loss drugs are drawing skeptical glances.
What’s Next: Eyes on Roche’s fenebrutinib filing, Disney’s earnings after the close, and any fresh FDA or Senate signals before markets open.
Unfiltered Market Commentary
Everyone’s fixated on that looming Ethereum squeeze, but they’re overlooking clinical holds and regulatory hiccups—like the FDA pause on Tenaya’s gene therapy trial—that can knock confidence across biotech and crypto alike. Volatility in one corner often spills into every other sector, so don’t assume a rip in ETH can’t trigger outsize swings in unrelated names.
Here’s a thought: a mega merger for Rumble × Northern Data meets Roche’s MS breakthrough spells a market that’s chasing both scale and science in the same breath. When deal arbitrage and biotech catalysts collide, fund managers start juggling positions—from miners to monoclonal antibodies—as if they’re interchangeable growth bets.
Your move? Position for two-way traffic: set tight stops on speculative trades, but carve out a small biotech stake ahead of potential fenebrutinib approval. If the Rumble tie-up fizzles or the FDA throws a curveball, you’ll want dry powder to jump back in at cheaper levels.
📈 Breaking Financial News
Rumble close to merger deal with Northern Data, Bloomberg says
See the rest of the story here.
thefly.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fly's real-time, streaming news feed keeps individual investors, professional money managers, active traders, and corpor…
Ethereum: How $10B short squeeze could fuel ETH past $4,500
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Coinbase Owns ‘Institutional Trust' in Crypto—But 3 Public Rivals Are About To Test That Claim
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Roche’s fenebrutinib shows unprecedented positive Phase III results as the potential first and only BTK inhibitor in both relapsing and primary progressive multiple sclerosis
Basel, 10 November 2025 – Roche (SIX: RO, ROG; OTCQX: RHHBY) announced today that the first Phase III (FENhance 2) of two pivotal, similarly-designed Phase III studies (FENhance 1 and 2) in patients with relapsing multiple sclerosis (RMS) met its primary endp…
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If you think there's something strange about the “feud” between Trump and Musk… You need to see THIS jaw-dropping video… Because it explains what could REALLY be going on behind the scenes… And how it could hand investors a stake in a $12 trillion revolution.
🔍 Market Analysis & Insights
New launches and R&D pipeline bolster Sun Pharma's long-term growth outlook
Sun Pharma reported robust global specialty growth and resilient domestic sales in Q3, despite US generics headwinds. Recent product launches and pipeline advancements, including Unloxcyt and Leqselvi, are poised to drive long-term growth. Analysts maintain a…
Vera Therapeutics Submits Biologics License Application to U.S. FDA through Accelerated Approval Program for Atacicept for the Treatment of Adults with IgA Nephropathy
Vera Therapeutics Submits BLA to U.S. FDA through Accelerated Approval Program for Atacicept for the Treatment of Adults with IgAN……
Trump's weight loss drug deal promises big savings — but some details are murky
President Donald Trump hailed his deal to slash the price of blockbuster weight loss drugs as a game changer, promising to make Wegovy and Zepbound more affordable for millions of Americans.
Altucher: $900 to $108,000?
Trump's “Great Gain” Is Here Thanks in part to a radical move by Donald Trump, one genius investor believes Americans will soon have an opportunity to turn a modest $900 investment… Into a life-changing $108,000 windfall in just 12 months. NOTE: The last time something like this happened, more than 80,000 people became new millionaires! But you must act by October 30th for your chance to join them.
💰 Investment Opportunities
Earnings live: Earnings remain solid with peak reporting weeks in the rearview mirror, Disney results ahead
Third quarter earnings season is in full swing, and analysts expect S&P 500 companies grew their profits by 8% during the quarter.
Top Secret Facility in the New Mexico Desert…
Inside, scientists aren't studying weapons or viruses-they're exploring a far more alien technology that could change how wars are fought. This new technology could be unleashed as soon as October 14th. Once you see it for yourself, you'll understand the urgency.