An arbitrator ruled that Gemini Space Station is not responsible for the collapse of its Earn lending program, citing insufficient evidence of misconduct or inadequate due diligence on its lending partner, Genesis Global Capital. The decision followed a claim by a customer seeking damages for emotional distress. The arbitrator instead pointed to Genesis and its parent, Digital Currency Group, as responsible for the issues that led to the program's failure. Despite this ruling, Gemini still faces other legal disputes related to Earn and recently settled a separate case for $50 million. Meanwhile, Gemini is expanding its business beyond crypto exchange, including launching AI-powered tools and prediction markets.
Several stocks saw significant gains due to recent financing disclosures, new analyst coverage, and leadership appointments. Antelope Enterprise Holdings rose 83% after raising nearly $19 million in a private placement. Ticketplus jumped 31% followin...
Utility stocks Edison International and PG&E Corporation fell sharply after California lawmakers passed wildfire legislation without expected liability protections, exposing utilities to costly claims. Edison dropped over 23%, nearing its 52-week low...
Scotiabank increased its price target for Palo Alto Networks to $430, suggesting a 13% upside from current levels, following a 30% surge in shares after strong Q3 results. The cybersecurity firm is expected to deliver robust Q4 performance and signif...
Solidion Technology Inc., a company specializing in advanced battery technology, announced the appointment of Kimi L. Ellen, Mark N. Schwartz, and Dante W. Robinson as independent directors on its Board of Directors, effective August 31, 2026. These ...
The Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) provides a 9.4% distribution rate, combining sustainable monthly income with diversification benefits. Its equal-weight structure avoids tech sector concentration and maintains valuations w...
