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Baystreet

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Oil Prices Jump on Possible U.S.-China Talks

  • Oil prices rose about 1% on Wednesday as the market took a bullish view on China's stance on potential trade talks.
  • Brent crude futures rose 53 cents, or 0.82%, while U.S. West Texas Intermediate crude rose 52 cents, or 0.85%.
  • A Bloomberg report stated that China wants more respect from the Trump administration before agreeing to talks and also wants the U.S. to appoint a new primary contact in future discussions.
  • Global oil demand is expected to grow at its slowest for five years in 2025, with concerns over Trump's tariffs and rising output from the OPEC+ group impacting prices.

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HinduBusinessLine

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Indian Railways pioneers onboard ATMs in a first for passenger convenience

  • Indian Railways introduces onboard ATM facility for passenger convenience.
  • The ATM is a joint effort with the Bank of Maharashtra under the Innovative and Non-Fare Revenue Ideas Scheme (INFRIS).
  • The trial currently runs on the Panchavati Express and aims to address the need for cash during the journey.
  • Indian Railways plans to expand the ATM facility to other major trains if it proves successful.

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HinduBusinessLine

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Foster an ecosystem for deep tech start-ups

  • Deep tech start-ups are ventures that commercialize products or services based on foundational R&D-based scientific or technological breakthroughs.
  • Key characteristics of deep tech start-ups include technology risk, longer gestation period, and higher capital investment cost.
  • The commercialization of deep tech products requires patience, interdisciplinarity, and governance mechanisms.
  • To foster an ecosystem for deep tech start-ups, there is a need for patient capital, seamless academia-industry engagement, incentive structures, and targeted mentoring.

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Bitcoinsensus

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OKX Is Back in US: New CEO Roshan Robert and Updated Strategy

  • OKX is back in US market.
  • OKX pays $505 million in settlement of US Department of Justice claims.
  • New CEO Roshan Robert appointed for US operations.
  • OKX updates strategy for the US market.

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Baystreet

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Renovo Gains on Bringing Forward RenovoCath

  • RenovoRx, Inc. is increasing production of its FDA-cleared RenovoCath catheter-based device to meet the growing demand for targeted drug delivery in oncology.
  • The initial total addressable market for RenovoCath is estimated to be approximately $400 million in peak annual U.S. sales.
  • RenovoRx's first-quarter 2025 revenue from RenovoCath is expected to reach the low six-figure range, with continued quarterly growth throughout the year.
  • Members of RenovoRx's management team and Board of Directors have shown confidence in the company's business plan by purchasing an aggregate of 143,145 shares of RenovoRx stock.

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Cryptopotato

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Elacity is Live: Web3’s Missing Monetization Layer Has Arrived

  • Elacity is a Web3 platform that allows creators to tokenize content, earn direct revenue, and build a community-owned economy.
  • The platform offers features such as full ownership of content, smart channels with subscriptions and buy-now access, utility token access and gated communities, programmable royalties and secondary market control, and a user-friendly interface.
  • Elacity aims to empower creators and fans by flipping the traditional model, where creators own their platform, fans own the content, and the community owns the economy.
  • The platform is built on the Elastos SmartWeb infrastructure, powered by the native currency ELA, and secured by Bitcoin, providing content protection, decentralized identities, encrypted storage, and trustless smart contracts.

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Forbes

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Safest Places To Put Your Money During Economic Uncertainty

  • The economy is facing uncertainty with rising prices, stagnant interest rates, and new tariffs causing market volatility.
  • Consumer sentiment has dropped significantly, leading people to seek secure investment options.
  • High-yield savings accounts (HYSAs) and certificates of deposit (CDs) are recommended as safe choices during turbulent times.
  • HYSAs offer over 4% interest and are federally insured up to $250,000 per account.
  • CDs provide fixed interest rates over a specific period, offering higher returns compared to traditional savings accounts.
  • Tax-advantaged accounts like Roth or traditional IRAs can enhance the effectiveness of CDs for long-term savings.
  • For those nearing retirement, maintaining cash reserves in low-risk accounts is advised to cover living expenses and avoid market downturns.
  • Diversifying investments beyond U.S. stocks, considering foreign equities and bonds, can help mitigate risk during uncertain market conditions.
  • Young investors are encouraged to stay consistent with investment strategies, such as dollar-cost averaging and long-term asset building.
  • Overall, staying calm during market fluctuations, focusing on steady investment practices, and seeking professional guidance are key principles for secure financial planning.
  • Amid market volatility, choosing stable and time-tested investment options can provide a sense of security and growth potential for the future.

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Baystreet

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Universal with New Park on Horizon

  • Universal is set to open its newest theme park, Epic Universe, in Florida, after 25 years.
  • Epic Universe is the largest of all Universal properties and features five themed worlds.
  • The new park is expected to boost revenues for Universal and Disney, and bring significant economic benefits to the local economy.
  • The opening of Epic Universe marks a major milestone in the US theme park industry.

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Bitcoinmagazine

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Hashbranch and Merkle Standard Deploy Massive 1.3 Exahash Bitcoin Mining Operation

  • Merkle Standard and Hashbranch have successfully deployed a massive 1.3 Exahash Bitcoin mining operation.
  • The deployment includes 13,000 Bitcoin mining units across 30MW of capacity.
  • The partnership demonstrates a commitment to innovative solutions for institutional mining operations.
  • The agreement allows for potential expansion to 23,000 units, indicating confidence in the hosting model.

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Bitcoinmagazine

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How Coinkite Defines Cypherpunk Bitcoin Security

  • Coinkite, a Canadian Bitcoin company, focuses on Bitcoin security and aesthetics with their hardware wallets.
  • Their Coldcard device is known for its Bitcoin-only approach and transparent casing for functional security.
  • The Coldcard Q, their latest model, offers enhanced features like a bigger keyboard and independent camera module.
  • Coinkite prioritizes security over user experience, avoiding Bluetooth and altcoin integration.
  • Their transparent hardware design allows users to verify components and avoid compromises.
  • Coinkite's commitment to transparency extends to their open-source software and firmware.
  • The company's focus on verifiability stems from their early roots in the Bitcoin industry and pivot to hardware wallets.
  • Despite criticism of their licensing, Coinkite maintains that their security measures and popularity speak for themselves.
  • Coinkite's product range includes the Opendime and Blockclock, showcasing innovation in Bitcoin hardware.
  • Their contributions to Bitcoin security include projects like BBQr, Bitcoin Security Guide, and Bitcoin Treasuries.

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Baystreet

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Richtech Flat on Expansion

  • Richtech Robotics Inc. plans to expand its headquarters by acquiring land in Las Vegas, Nevada.
  • The acquisition of a 20,000 square feet property is expected to quadruple the company's assembly and manufacturing footprint.
  • The expansion is driven by the growing demand for AI-powered service robots.
  • The company intends to strengthen its domestic supply chain and expects long-term cost savings from the new facility.

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Bloomberg Quint

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Yes Bank Gets Demand Notice Of Rs 292 Crore

  • Yes Bank has received a demand notice for Rs 292.29 crore for the assessment year 2016-17.
  • The bank says the demand appears to be unsubstantiated and will file a rectification application with JAO/CPC.
  • The Jurisdictional Assessing Officer passed a rectification order to correct the mistake in the reassessment order.
  • Yes Bank will pursue all available remedies, including filing an appeal before the first-level appellate authority.

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HinduBusinessLine

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Edtechs see rebound in enrolments in school season

  • Edtech companies are witnessing a rebound in enrolments for the current school season.
  • LEAD Group and Infinity Learn have observed growth in enrollments, with an increase of 20% and 10-12% respectively.
  • The demand for competitive exam preparation, such as IIT-JEE and NEET, at earlier grade levels is one of the driving factors.
  • Edtech companies are expanding their presence in non-metro areas and utilizing AI for personalized learning.

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Baystreet

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Chipotle Trumpets NHL Jersey Deal

  • Chipotle Mexican Grill announced a "Wear Your Hockey Jersey" program to celebrate the 2025 Stanley Cup® Playoffs.
  • The program offers a BUY-ONE-GET-ONE (BOGO) deal on entrees to in-restaurant diners who wear a hockey jersey on Monday, April 21 after 3:00pm local time.
  • Chipotle has extended its partnership with the NHL and become an official partner of the NHL Players' Association (NHLPA).
  • The extension allows Chipotle to work with more NHL players on future brand campaigns and content series.

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HinduBusinessLine

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Wipro Q4 net profit up 26% to ₹3,569 cr; company revises guidance downwards

  • Wipro Q4 net profit up 26% to ₹3,569 cr
  • Revenue from operations in Q4 increases marginally to ₹22,504 crore
  • IT services segment revenue declines by 1.2% q-o-q
  • Wipro's large deal total contract value (TCV) jumps 48.5% y-o-y

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