Ocean Power Technologies Inc will implement a 1-for-30 reverse stock split starting September 14, 2026, combining every 30 shares into one to increase the per-share price and improve marketability and liquidity. Shareholders will not lose ownership percentage, and no action is required from them. The company expects about 9.1 million shares outstanding post-split. Adjustments will also be made to preferred stock rights purchase prices in line with the split ratio.
Palantir has guided its revenue for the third quarter of 2026 to reach $2.16 billion. This forecast is supported by the company's performance in the last two quarters, which suggests that actual results could surpass expectations. The strong revenue ...
Arthur Hayes, co-founder of BitMEX, transferred approximately $28.81 million worth of various crypto tokens, including 14 million Ethena (ENA) tokens valued at $2.73 million, to Cumberland, a trading platform. The transfers, which also included Ether...
On October 22, 2026, NEAR introduced a cross-margin mode for its perpetual futures trading on Hyperliquid, allowing collateral to be shared across all positions rather than isolated per position. This change improves capital efficiency by letting gai...
The First Trust Dow Jones Internet Index Fund ETF (FDN) has been reassessed with a hold rating due to its concentrated portfolio of high-quality tech stocks that have underperformed compared to peers like QQQM and XLK since 2006. Despite its solid gr...
An experiment tested AI models ChatGPT, Grok, and Claude Opus 5.5 in predicting Bitcoin's year-end 2026 price via voice and text. Predictions ranged from $78,000 to $85,000, but none showed clear calculations behind their forecasts. Claude's voice mo...
