Willis Towers Watson's latest report reveals that cyber insurance adequately covers more than 95% of average data breach losses and 90% of first-party losses. The analysis of 5,500 cyber claims from 2013 to 2026 shows ransomware causes the highest financial damage, with average losses of $5.3 million and events lasting about 25 days. Third-party vendors contribute significantly to losses, raising concerns about systemic risks. The report highlights the need for organizations to align their cyber insurance coverage with actual risk exposures to avoid gaps and maximize protection value.
AST SpaceMobile's Chief Operating Officer sold 12,000 shares valued at $707,000 amid the company's stock rising 47% over the past year. This insider sale could indicate profit-taking after significant gains. Investors may watch for further insider ac...
Micron Technology is set to report record quarterly revenue of up to $51.33 billion, fueled by strong demand for high-bandwidth memory in the AI market. Earnings per share are expected to jump significantly to around $31.72, compared to $3.03 last ye...
Sangoma Technologies reported a smaller-than-expected loss with an EPS of -$0.08, beating analyst estimates of -$2.19, though its revenue of $48.55 million slightly missed expectations. Despite ongoing profitability challenges reflected in a negative...
Iovance Biotherapeutics has increased its full-year 2026 revenue guidance to $410-$420 million, reflecting nearly 60% growth driven by strong U.S. demand for its cancer therapy Amtagvi, which generated $91 million in Q2 sales. Analyst Joseph Pantgini...
Coinbase CEO Brian Armstrong forecasts Bitcoin could reach between $300,000 and $400,000 by 2030 if it follows its historical four-year market cycles tied to halving events. He believes the recent market downturn may have bottomed around $60,000, sup...
