Today: 24 May 2026
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NASDAQ:INM 20 November 2025 - 20 May 2026

InMed Pharmaceuticals (INM) Stock Doubled on Mentari Merger — Why the Rally Is Already Being Tested

InMed Pharmaceuticals (INM) Stock Doubled on Mentari Merger — Why the Rally Is Already Being Tested

InMed Pharmaceuticals shares fell 14.4% to $1.37 in early pre-market trading Wednesday, after surging 135% Tuesday on news of an all-stock merger with Mentari Therapeutics and a planned $290 million private placement. Pre-merger InMed shareholders are expected to own about 1.51% of the combined company, which will operate as Mentari Therapeutics and focus on migraine drug development.
InMed Pharmaceuticals (INM) Soars on Alzheimer’s Breakthrough: INM‑901 Study Sparks 20%+ Stock Rally on November 20, 2025

InMed Pharmaceuticals (INM) Soars on Alzheimer’s Breakthrough: INM‑901 Study Sparks 20%+ Stock Rally on November 20, 2025

InMed Pharmaceuticals shares surged over 20% in after-hours and pre-market trading following new preclinical data for its Alzheimer’s candidate INM-901. The company reported successful large-animal studies showing robust bioavailability and no adverse neurological effects. INM traded in the $1.49–$1.55 range Thursday morning on heavy volume, with market cap estimates between $3–5 million.

Stock Market Today

  • Circle CEO Highlights AI Agent Using USDC for SpaceX IPO Memo
    May 24, 2026, 6:45 AM EDT. Circle CEO Jeremy Allaire declared the arrival of the 'agentic economy' after an AI agent autonomously generated a detailed SpaceX IPO memo for $1.87 in USD Coin (USDC). Coinbase product lead Nick Prince demonstrated how the agent analyzed SpaceX's S-1 filing and made six API calls with USDC payments, bypassing expensive traditional data services like Bloomberg terminals. The memo included valuation, debt analysis, and governance risks, rating SpaceX a 'HOLD'. This innovation showcases stablecoins as efficient payment infrastructure for AI systems, promising to reduce financial analysis costs by enabling autonomous, real-time machine-to-machine transactions. Tether CEO Paolo Ardoino envisions trillions of AI agents transacting in Bitcoin and stablecoins, emphasizing the growing role of stablecoins in autonomous finance.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 24.05.2026

24 May 2026
LIVEMarkets rolling coverageStarted: May 24, 2026, 4:00 AM EDTUpdated: May 24, 2026, 6:52 AM EDT Circle CEO Highlights AI Agent Using USDC for SpaceX IPO Memo May 24, 2026, 6:45 AM EDT. Circle CEO Jeremy Allaire declared the arrival of the ‘agentic economy’ after an AI agent autonomously generated a detailed SpaceX IPO memo for $1.87 in USD Coin (USDC). Coinbase product lead Nick Prince demonstrated how the agent analyzed SpaceX’s S-1 filing and made six API calls with USDC payments, bypassing expensive traditional data services like Bloomberg terminals. The memo included valuation, debt analysis, and governance risks, rating SpaceX
Nifty Faces Oil Moves, Rupee and Short Week

Nifty Faces Oil Moves, Rupee and Short Week

24 May 2026
The Nifty 50 rose 0.27% Friday to 23,719.3 and the Sensex gained 0.31% to 75,415.35, but both indexes remain down sharply since the Iran war began. The rupee hit record lows, prompting Reserve Bank intervention, and foreign investors have sold $23 billion in Indian shares this year. Markets will close Thursday for Bakri Id, leaving four trading sessions in the week.
Australia Stock Market Today: ASX 200 Stalls Near 9,000 as NAB Slides, Oil Shock Keeps Traders on Edge. (Indo Premier)

ASX on Watch as Inflation Test Looms After Volatile Week

24 May 2026
The ASX 200 closed up 0.41% at 8,657 on Friday, gaining 0.3% for the week after volatile trading. Investors await April inflation data due Wednesday, seen as key for Reserve Bank of Australia rate expectations after weak April jobs figures cooled rate-hike bets. The Australian dollar traded at 71.36 U.S. cents late Friday. Miners and energy stocks led gains, while consumer and telecom shares fell.
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