The software firm has formed a special committee to evaluate potential strategic alternatives, including a possible sale or partnership. Kneat.com Inc. (KSI:CA) announced its board has established a special committee to review strategic alternatives for the company. The mo
BlackRock Investment Institute states AI-driven equity gains are offsetting pressure from higher oil prices and yields. BlackRock Investment Institute finds no contradiction between rising equities and elevated oil prices, commodities, and bond yields. The firm’s analysis
Circle presale reaches $222M at $3B FDV Circle Internet Group reported a $222M presale. The company ended Q1 2026 with $77 billion of USDC in circulation. USDC supply grew 28% year-over-year. The presale was valued at $3B FDV. The growth in USDC supply indica
Wise Group's US listing drives a 12% gain in its stock, marking a strong start for the fintech on Nasdaq. Wise Group (WSE) shares rose 12% in Monday afternoon trading following their debut on Nasdaq at 9:30 AM ET. The fintech, specializing in cross-border money transfers,
Kraken’s parent company seeks fresh capital ahead of a planned IPO, following recent acquisitions totaling $2.65 billion. Payward, the parent company of cryptocurrency exchange Kraken, is raising new funds at a $20 billion valuation. The move precedes a potential initial p
RKLB surges after raising Q2 revenue guidance to $225M-$240M, signaling confidence in its acquisition-driven growth strategy. Rocket Lab (RKLB) shares climbed 15.0% Monday, reaching an all-time high of $121.42. The rally followed the company’s updated Q2 revenue guidance,
CNH Industrial downgraded to Neutral with $10.50 target CNH Industrial shares were down 0.4% in Monday's trading. The company was downgraded by Goldman Sachs due to strong outperformance. The new price target is $10.50, down from $12, indicating the stock is fair
The real estate firm projects Q2 revenue growth and adjusted EBITDA improvement after a Q1 gross profit of $75.3 million. eXp World Holdings guided Q2 revenue to a range of $1.36 billion to $1.45 billion, with adjusted EBITDA between $16 million and $21 million. The outloo
Shareholders approved IonQ’s $1.8 billion deal for SkyWater, boosting the quantum computing firm’s supply chain control and stock price. IonQ (IONQ) shares climbed over 15% Monday, reaching a six-month high as quantum stocks rallied. The gain followed shareholder approval
Jeremy Allaire says AI adoption is reshaping labor markets, with tech layoffs likely to rise as companies integrate automation tools. Circle CEO Jeremy Allaire stated AI-driven workforce disruptions are just beginning, with job cuts expected to accelerate into 2027. Recent