Neuralink Corp., Elon Musk’s pioneering venture in the field of neurotechnology, has closed a landmark Series E funding round totaling 650 million USD. The round, disclosed on Monday, attracted significant attention from at least 11 major investors, including ARK Investment Management, Founders Fund, and Sequoia Capital. This latest injection of capital marks one of the largest fundraising events in the nascent brain-computer interface (BCI) sector, underscoring robust institutional confidence.

IDP Education Ltd $IEL.AX, a central player in global student placement services, witnessed its worst-ever trading day on the Australian Securities Exchange this Tuesday. The sell-off came directly after management disclosed an alarming 48% decline in student applications—the lowest volume recorded in the past eight years. Such figures underscore the entrenched volatility in the international higher education sector, driven mainly by unpredictable immigration policies in major host countries.

The operator of the Philippines' leading mobile wallet, GCash, has moved forward with a decisive step toward public listing. Globe Fintech Innovations Inc. announced a stock split, reducing the par value of its common shares from 1 Philippine peso to 0.03 pesos per share. This restructuring will see the company's authorized common shares rise drastically from 2.15 billion to 71.7 billion, while its total authorized capital remains fixed at 2.15 billion pesos (PHP). The initiative, disclosed by major stakeholders Ayala Corp. $AYYLF and Globe Telecom Inc., requires approval from regulatory authorities.