Madison Square Garden Entertainment (MSG) compiled detailed dossiers on activists opposing its facial recognition surveillance, including personal data like backgrounds and social media activity. This surfaced after hackers leaked 26 million customer records, exposing sensitive biometric data. MSG faces three class-action lawsuits for failing to protect this information, raising concerns about privacy and corporate surveillance. Activists and civil rights groups criticize MSG's invasive practices, calling for legislation to ban biometric surveillance in public venues.
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...
The iShares Bitcoin Trust ETF (IBIT) charges a 0.25% annual fee paid by selling Bitcoin from its holdings, which reduces the Bitcoin backing each share daily. This fee mechanism means investors own less Bitcoin per share over time, even if the Bitcoi...
The Schwab Intermediate-Term US Treasury ETF (SCHR), which tracks 3-10 year US Treasuries, is currently challenged by rising yields due to persistent inflation, Fed hawkishness, and geopolitical uncertainty. These factors are pushing yields higher, t...
