Finance

Cryptocurrency exchange CoinSpot seeks damages for misappropriated funds, asserting customer balances remain secure amid ongoing litigation.

Individual traders exit positions as shares rebound near the $135 debut price, following weeks of dip-buying and a significant unlock of liquidity.

Chairman confirms payment to chief financial officer was made weeks after annual report claimed it was paused, drawing criticism from government ministers.

Despite a significant divergence from the S&P 500 and softer new bookings, analysts maintain a mean price target of $179.92 for the professional services giant.

Adjusted revenue surged 33.8% in the second quarter, but geopolitical tensions in the Middle East have prompted the payment processor to reduce its full-year guidance.

A retired oilfield electrician’s $30,000 annual retainer triggered a $2,760 withholding under 2026 rules, highlighting how availability pay impacts early claimants.

Revenue climbs 7.5 per cent to $1.26 billion as the manufacturer capitalises on automation trends and strategic portfolio shifts, including the Bijur Delimon acquisition.

The proposed tie-up between the UK-based drugmaker and its US rival was valued at $400 billion, but investor resistance has prevented the transaction from proceeding.

With median prices nearly 20 per cent below the Boston metro average, Peabody has topped the 2026 Hottest ZIP Codes ranking, driven by supply constraints and proximity to major employment hubs.

The new API-based tool allows developers to bypass banking infrastructure hurdles, with AI trading platform Rift becoming the first wallet to adopt the service.

Despite 93 per cent year-on-year revenue growth and a 55 per cent net profit margin, Palantir trades at a significant premium that has seen it underperform the broader market in 2026.

Gross margins contract to 64 per cent while the company navigates an FTC lawsuit and strategic pivot away from compounded weight-loss drugs.

Cherry Hill Mortgage Investment Corp has entered a definitive agreement to be acquired by TPG Mortgage Investment Trust, creating a larger diversified residential mortgage REIT with a target close in the fourth quarter of 2026.

The Fidelity Dividend ETF for Rising Rates (FDRR) is designed to perform in environments of sticky inflation and higher yields, contrasting with popular bond-proxy funds that struggle when rates climb.

Undisclosed buyer submits non-binding letter of intent to acquire US restaurant assets, allowing GEN to retain its retail and CPG divisions.

The Australian Transaction Reports and Analysis Centre has suspended virtual asset services for the operator, citing money laundering risks and failure to submit required reports.

The professional services group has elevated Fideco Global Business Services to full network status, building on years of collaboration through Premier International Associates.

Investors weigh imminent Middle East de-escalation against upcoming US consumer and producer price readings that could dictate Federal Reserve policy in September.

Concerns mount over Chinese firms buying local manufacturers as Brussels pushes back against Chinese automotive exports.

Shares fall 5% to $50.05 as investors take profits; CEO Richard Pops hands reins to COO Blair Jackson

The energy drink maker announced a senior executive reshuffle following a report that Rockstar Energy founder Russ Savage called for management changes. Shares slipped after second-quarter results fell short of Wall Street expectations.

Late-stage discussions for the capital raise include prominent venture firms, marking a significant step for the lender established after the collapse of Silicon Valley Bank.

Jeff Schmid argues monetary policy may not be restrictive enough, while borrowing costs climb to their highest level since July 2025.

Siemens Energy has been selected by SBM Offshore to provide power generation and gas compression systems for two floating production vessels in Brazil, with deliveries targeted for late 2027 and 2028.

Geopolitical friction between Washington and Tehran keeps equities subdued, while investors brace for the Consumer Price Index report and Federal Reserve rate decisions.

The move aims to streamline market reach and drive sustainable growth, with the transition expected to conclude in the coming months.

Proposed wider carbon levies within the European Union are expected to disproportionately impact budget airlines, potentially reshaping competitive dynamics in the bloc’s aviation sector.

With the personal savings rate hovering at 2.7% and Social Security replacing just 40% of pre-retirement income, experts say maximising tax-advantaged accounts and alternative assets is critical for long-term security.

The Polish mill introduces machine-finished bleached kraft paper in 40g/m² to 50g/m² grammages, designed for food and non-food applications including bakery bags and single-use pouches.

Geopolitical tensions and inflation concerns weigh on global equities as Nvidia’s AI funding deal and Intel’s capital raise draw investor scrutiny.

Hauptman’s appointment follows a swearing-in ceremony at the Securities and Exchange Commission, with the board member’s tenure set to conclude in October 2029.

Under the 4% rule, a $500,000 balance yields roughly $1,667 monthly, which, combined with Social Security, falls significantly short of the $78,535 average US household expenditure recorded in 2024.

Chinese manufacturer ChangXin Memory Technologies quotes rates comparable to SK Hynix and Samsung, ending Apple’s strategy of leveraging cheaper alternatives.

Wall Street consensus projects $232 million in quarterly revenue, aligning with management guidance, while investors weigh the company’s $663 million in recent US government contract awards against its high valuation multiple.

Meta CEO’s comments on premium pricing for AI infrastructure underscore the value of Iren’s disciplined contract approach and recent $2.8 billion in new cloud service agreements.

The firm’s new infrastructure aims to reduce reliance on third-party networks, while Q2 earnings signal improved profitability ahead of the September launch.

The construction materials giant sold its California concrete operations to acquire Colorado and Texas assets, yet hedge fund holdings dropped from 68 to 55 portfolios in the first quarter.

Nina Gupta, chief legal officer at Victory Capital Holdings, automatically disposed of 9,732 shares on 5 August after the board confirmed the company’s stock had cleared the first of four performance hurdles linked to a March 2026 equity grant.

While the $4 million commitment targets 200,000 residents, the broader narrative for UnitedHealth Group (NYSE:UNH) centres on a second-quarter medical care ratio drop to 86.7% and a full-year adjusted EPS forecast raised to $19.50–$20.

The husband cites his parents’ 1980s wealth-building strategy as justification, while the wife prioritises financial freedom and warns of rising carrying costs.

The rocket manufacturer targets up to 20 gigawatts of power capacity by next year, while Nvidia expands its ecosystem with partnerships including Safe Superintelligence and major storage vendors.

The exchange-traded fund, which tracks the S&P U.S. Dividend Growers index, has demonstrated lower volatility than the broader market while maintaining a significant technology weighting and an expense ratio well below the category average.

Heavy historical investment in technology services is now confronting the reality of artificial intelligence-driven change, raising questions about the future of the sector’s traditional employment and revenue streams.

The company announced a $29 million goodwill impairment charge and revised its full-year outlook to a loss of roughly $11 million, contrasting sharply with broader market gains.