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Strategy Stock Is No Longer Moving Like Bitcoin — That’s a Problem for Bulls

by Surbhi Jain | Oct 16, 2026 | General

Strategy Inc‘s (NASDAQ:MSTR) Bitcoin (CRYPTO:$BTC) holdings are meant to be the foundation of its stock-market appeal. But a new threat from index provider MSCI adds another variable to price in: even if Bitcoin stabilizes, Strategy shares could face selling pressure...

FDA Flags High-Risk Heart Device Recall At Edwards Lifesciences After Patient Death

by Vandana Singh | Oct 16, 2026 | General

The U.S. Food and Drug Administration (FDA) issued a high-risk early alert after Edwards Lifesciences Corp. (NYSE:EW) recalled specific lots of its Commander M delivery systems due to reports of balloons bursting during procedures, resulting in one death and a serious...

QUICK SPARK: South Korea’s KOSPI Logs Worst Week Since 2008’s Lehman Brothers Collapse

by Piero Cingari | Oct 16, 2026 | General

Five months ago, South Korea had the hottest stock market in the world. This week, it had its worst week in almost two decades. The KOSPI index fell 14.46% for the week. That was its steepest weekly drop since October 2008, when the index lost 20.5% in the panic that...

Nvidia, Micron and Broadcom Already Trade Like Cisco Post Dot-Com Burst: Bank of America

by Piero Cingari | Oct 16, 2026 | General

Chip stocks just had their worst week in months, and Wall Street is asking whether the artificial-intelligence bubble is finally bursting. A Bank of America analyst says the question comes too late. On valuations, the burst has already happened. Vivek Arya told...

Eli Lilly’s GLP-1 Pill Wins Key European Backing for Obesity and Diabetes

by Vandana Singh | Oct 16, 2026 | General

The Committee for Medicinal Products for Human Use (CHMP) on Friday issued a positive opinion, recommending marketing authorization for a new medication aimed at treating type 2 diabetes mellitus and aiding in weight management. The product, known as Foundayo, was...
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