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GSK Plc's U.S.-listed shares surged Wednesday after the pharmaceutical firm boosted its long-term outlook and launched a $2.5 billion stock buyback on the back of optimism about sales of its new drugs.

U.S. equities were mixed at midday, slowed by new Chinese tariffs on U.S. goods and weak tech results.

Standard Chartered’s Geoffrey Kendrick predicts Bitcoin could hit $500,000 by 2028, driven by institutional inflows, improved investor access, and declining volatility.

Shares of Super Micro Computer surged for a second straight session after it said it would give a second-quarter business update next week.

The precious metal has rallied nearly 10% so far this year while most top cryptocurrencies struggled to stay in the green.

The bank expects institutional inflows into spot bitcoin ETFs to grow as volatility drops, leading to significant price appreciation in the long term.

Holding bitcoin on corporate balance sheets represents more than a trend — it's a transformation in how companies can create and preserve shareholder value, says Next Layer Capital’s Brandon Turp.

Shares of Johnson Controls International surged to lead S&P 500 gainers on Wednesday morning after the company's first-quarter results topped estimates and it announced a new CEO.

Match Group shares tumbled Wednesday, a day after the online dating service provider named a new CEO and offered a soft outlook as sales for most of its units declined.

In the short-term, the crypto market will be negatively impacted by increased volatility in global trade, says ML Tech’s Leo Mindyuk. But over time, crypto will be less impacted than traditional finance.