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Wendy’s shares surged more than 14% after reports that Nelson Peltz’s Trian Fund Management is preparing a takeover bid for the struggling burger chain with other investors.
Under Armour lowered its full-year revenue guidance to a mid-single-digit percentage decline from a previously expected slight decline, citing weakened North America demand and consumer spending pressures.
Ondo Finance’s tokenized stock platform reached $1.01 billion in total value locked with $27 billion in cumulative trading volume since its September 2025 launch, supporting over 440 tokenized U.S. stocks and ETFs.
Imperial Pacific International’s Chapter 11 bankruptcy case has concluded after a federal judge approved a structured dismissal, resolving one of the largest insolvencies in Commonwealth of the Northern Mariana Islands history.
Bitcoin has declined 46% annually as global bond yields reach their highest levels since July 2008, when the cryptocurrency did not yet exist, while investors seeking inflation protection have favored gold instead.
The US Treasury is scheduled to sell $16 billion in 20-year government bonds, with when-issued yields indicating around 5.27%, potentially the highest since the security’s 2020 reintroduction.
