Market Analysis
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Moderna Plans $2B Zero-Coupon Convertible, Capped Call Limits Dilution
Moderna plans $2B in zero-coupon convertible notes due 2031, using capped calls to limit dilution. The biotech's Alpha Score of 58 reflects pipeline potential against single-product revenue risk.

Zacatecas Silver Closes Final Tranche, Raises $2.5M for Mexican Drilling
Zacatecas Silver closed the second tranche of a non-brokered placement at C$0.07 per unit, bringing total gross proceeds to C$2.5 million for drilling at Oso Negro and exploration across six Mexican projects.

Apple Raises Apple TV+ to $14.99, One Bundle to $21.95
Apple TV+ jumps to $14.99 a month and the Apple One bundle to $21.95. The hikes follow a record June quarter with $109.4 billion in revenue.

Boeing Locks $3B Revolver, $5B Liquidity Covenant After Expired Facility
Boeing replaced an expired $3B revolver and extended two credit lines to 2029 and 2030, all requiring at least $5B in liquidity. Alpha Score 37, Mixed.

Indian Banks Open Today: No Holiday on 5th Saturday of August
Bank branches across India are open Saturday, the 5th Saturday of the month. Customers have a window to complete pending transactions before Sunday's routine closure.

BIS chief says stablecoins lack credibility for large-scale payments
BIS chief Pablo Hernández de Cos told the Jackson Hole symposium that stablecoins fail on par redeemability, interoperability, and integrity controls, pushing tokenized deposits as the safer alternative for payments.

BEML wins ₹867 crore contract for India’s first bullet trains
BEML wins ₹866.87 crore contract to build two high-speed trainsets for India's first bullet train between Ahmedabad and Mumbai, with the first leg launching later this year.

Infosys Public Services chief unreachable after Nepal floods
Infosys said its Public Services chief Lax Gopisetty is unreachable after Nepal floods. The company is working with agencies to establish contact.

HyENA Shuts Down After $4B in Trades, Citing USDC Shift
The platform will delist one contract per hour over three days. User funds are secure. HLPe pool redemption at 1:1 via Upshift. HyENA Points frozen, no token. Final affiliate settlement Sep 9.

Trump orders Space Academy to train military and civilian crews
Trump signed an order creating a U.S. Space Academy to train both military and civilian personnel, modeled after West Point and other service academies.

Trump Secures US Control of 65 Billion Barrels of Venezuelan Oil
Trump says the US secured majority control of 65 billion barrels of Venezuela's proven oil reserves through a private partnership, with Marco Rubio promising $100 billion in investment and lower gas prices.

Prafulla Chandra Ray: the chemist who built a company
Prafulla Chandra Ray turned a ₹700 home lab into Bengal Chemical and Pharmaceutical Works. His career shows why scientific independence without manufacturing fell short.