
Morning Market Pulse: Defense-to-Data Bets, Capital Raises, and AI-Powered Platforms Shape the Open

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U.S. equity markets are focusing on capital formation, platform expansion, and strategic deals in AI, infrastructure, and healthcare. Xeriant (XERI) is gaining attention with its Factor X Research Group, targeting green construction and post-quantum cryptography. Society Pass (SOPA) launched a live commerce platform in Thailand, aiming for $10 million in revenue by 2026. Adlai Nortye Ltd. secured a licensing deal for its AN9025 drug in Greater China, valued at up to $230 million, highlighting the trend of regional licensing in biotech.

