AMTD IDEA Group received a notice from the New York Stock Exchange (NYSE) for not meeting the minimum share price requirement, as its American depositary shares (ADS) traded below $1 for 30 consecutive trading days. The company has six months to raise its ADS price above $1 to avoid delisting. AMTD IDEA plans to monitor market conditions and continue share repurchase programs to regain compliance. The company remains confident in its long-term strategy and growth prospects despite the current price challenge.
Solana spot ETFs in the US have recorded 11 consecutive days of positive net inflows, adding $10.9 million on September 1 alone, pushing total inflows to $1.35 billion and assets under management to $1.39 billion. Despite a slight 3% price dip to aro...
Futura Medical PLC has launched a formal sale process for its business or assets, alongside a £1.6 million fundraise to support ongoing negotiations. The company believes its current market value undervalues its portfolio, which includes the Eroxon e...
The U.S. economy continued its expansion in August, driven by healthy private-sector demand and sustained business investment, particularly in AI infrastructure. Household incomes grew alongside a stable labor market, supporting overall economic grow...
Ripple's XRP price has pulled back to $1.32 after a strong 72% rally in August, pressured by US-Iran geopolitical tensions and broader crypto market weakness. Despite the price drop, XRP-focused ETFs in the US saw $14 million inflows on Tuesday, push...
Howmet Aerospace's stock dropped sharply after Elon Musk announced SpaceX and Tesla's entry into turbine blade production, but this selloff is viewed as an overreaction. Howmet's competitive edge lies in its technical expertise, long-term contracts, ...
