Intertek Group PLC shares surged over 7% following a third improved takeover bid from Swedish private equity firm EQT, offering 5,800p per share in cash. This latest offer values Intertek at a 54% premium over its price before the initial bid and follows a previous rejected offer of 5,400p per share. EQT emphasizes the offer provides certain and accelerated cash value, urging the board for prompt engagement. Intertek is also reviewing a potential spin-off of its Energy & Infrastructure division, which could lead to two standalone businesses.
The MARS2 Multimodal Reasoning Competition, sponsored by Tec-Do and MiniMax, has been officially launched to coincide with the ECCV 2026 conference. With a $100,000 prize pool, the competition challenges AI models to perform complex, open-world reaso...
The Hinkal stablecoin privacy protocol was exploited due to a flaw in its smart contract, allowing an attacker to steal about $820,000 worth of USDC. The attacker manipulated the prooflessDeposit() function and executed multiple transact() calls, byp...
The 2026 FIFA World Cup sparked a surge in trading volumes on prediction market platforms in June. Kalshi saw over $31 billion in trading, a 70% increase from May, while Polymarket hit a record $10.8 billion. Newcomer Rothera also recorded $2 billion...
The top 10 stocks in the S&P 500 now account for about 40% of the index, nearly double their share from a decade ago, increasing concentration risk for investors heavily invested in the index. This concentration means portfolio returns depend heavily...
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