Michael Saylor, Executive Chairman of Strategy Inc., stated that his company is not a systemic risk to Bitcoin but rather acts as a 'shock absorber' providing liquidity during the current bear market. Despite Bitcoin's price falling from around $120,000 to $60,000, Strategy Inc. has only sold 32 BTC and bought about 250,000 BTC net, helping stabilize the market. Saylor emphasized Bitcoin's dominance in the crypto space, with its market share rising to nearly 70%, and highlighted the potential for Bitcoin to represent a $100 trillion opportunity if 10% of global capital goes digital. He reaffirmed that Strategy Inc. is building financial infrastructure to support global capital flow into Bitcoin.
CGI and Entersekt have partnered to strengthen 3-D Secure (3DS) authentication services for issuing banks in the Nordic region. The collaboration combines CGI's digital banking expertise with Entersekt's cloud-based 3DS Access Control Server, enablin...
Levi & Korsinsky, LLP has filed a class action lawsuit against Embecta Corp. for allegedly providing false and misleading positive statements about its financial health, particularly regarding its pen needle business. The company missed its Q2 2026 r...
Aehr Test Systems saw its stock rise about 11% after receiving a follow-on production order for its FOX-XP wafer-level burn-in system from a major silicon photonics customer. This customer, a global supplier of networking products, is expanding produ...
Lucid Group announced a partnership with Uber and Nuro to launch a robotaxi service in Houston by mid-2027, following a planned launch in the San Francisco Bay Area. The service will use Lucid's electric SUVs equipped with Nuro's Level 4 autonomous t...
The newly launched Leverage Shares 2X Long SPCX Daily ETF (SPCH) tied to SpaceX stock surged with $1.3 billion in trading volume on its second day, surpassing the record set by BlackRock's iShares Bitcoin Trust (IBIT) in 2024. Despite heavy competiti...
