Bloom Energy Corporation faces a securities class action lawsuit alleging it misled investors by denying reliance on Chinese scandium, a key material in its fuel cells. The lawsuit claims Bloom Energy sourced scandium through intermediaries from China but repeatedly stated its supply chain had no significant exposure to China. The stock price dropped 5.7% after a report revealed the company's actual dependence on Chinese scandium. Investors who bought Bloom Energy stock between February 27, 2025, and July 8, 2026, may have legal rights, with a deadline to seek lead plaintiff status by September 28, 2026.
AI/R, a technology company specializing in agentic AI, has joined Anthropic's Claude Partner Network Services Track. This partnership enhances AI/R's ability to develop AI solutions that improve operational efficiency and decision-making in complex b...
Bitcoin fell below $63,000, hitting a 10-day low following Coinbase's Q2 revenue miss and the stalled Clarity Act in the Senate. Coinbase reported $1.22 billion in revenue, down 19% year-over-year, missing estimates and posting a $359.5 million net l...
Pump.fun, a Solana-based memecoin launchpad, is under scrutiny after over 40 former employees claimed layoffs without full token compensation. The company restructured in April due to rapid growth, offering severance but allegedly withholding valuabl...
The Convergence Long/Short Equity ETF (CLSE) has delivered a strong performance since its conversion into an ETF, achieving an annualized active return of 7.15% against the IWV benchmark. It has outperformed major ETFs like IVV, IWV, and QQQ year-to-...
The XRP Ledger is set to release its 3.3.0 software upgrade, introducing key features like native privacy for tokens, batch transaction processing, permission delegation, sponsored fees, and dynamic token properties. These improvements aim to enhance...
