K Wave Media Ltd. saw its shares fall 27% following its announcement to abandon Bitcoin treasury plans and redirect $485 million toward artificial intelligence infrastructure, including GPU computing and data centers. The company also plans to divest a subsidiary and reduce nearly $50 million in debt as part of a broader corporate restructuring. This strategic pivot reflects management's response to evolving technology trends, signaling a focus on AI infrastructure over cryptocurrency holdings. Shareholders will vote on a proposed rebranding to Talivar Technologies in July 2026.
The Dolphin Company's current management proposed selling its main assets in Mexico to Delphinus Blue Planet, a Grupo Xcaret subsidiary, for $20 million. This deal would give Delphinus control over more than 90% of dolphin habitats in Mexico, creatin...
Johnson & Johnson has reached a historic $5.5 billion settlement to resolve claims from about 70,000 women and families alleging its talc products, including Johnson's Baby Powder, contained asbestos and caused cancers such as ovarian cancer and meso...
Catalyst Acquisition Corp. announced the pricing of its initial public offering (IPO) at $10 per unit, raising $200 million by offering 20 million units. The units, each including one Class A ordinary share and a partial share right, will begin tradi...
Indonesian equities have entered bull-market territory after a significant rebound from a five-year low in early June, driven by attractive valuations and regulatory measures. MSCI's decision to delay downgrading Indonesia's market status from emergi...
Digital Realty Trust is rated Buy due to its control over scarce powered-campus assets and a global platform that benefits from rising AI-driven data center demand. The company has a record $1.6 billion contracted rent backlog and strong preleasing a...
