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.
Gainsight introduced its AI-native services business, Atlas, which manages over $75 million in annual recurring revenue (ARR) by handling long-tail customer renewals with AI agents and human managers. The company also announced a shift to value-based...
Owl Labs has introduced the Meeting Owl 5, a 4K UHD 360° teleconferencing camera designed for seamless hybrid meetings. It features a 20MP sensor, 360° fisheye lens, AI-powered audio with eight microphones, and an 18-foot voice pickup range. The devi...
U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a net inflow of $526.6 million on October 19, reversing the previous session's outflow. BlackRock's IBIT led the inflows with $665.16 million, while Fidelity's FBTC and Grayscale's GBTC saw o...
US spot Ethereum ETFs experienced net outflows for the fourth consecutive trading session, with a total of $103.28 million withdrawn on October 19. BlackRock's ETHA led the outflows with $95.40 million, followed by Fidelity's FETH and Grayscale's ETH...
The total cryptocurrency market capitalization fell 0.35% to $2.76 trillion over 24 hours, even as Bitcoin and five other major coins posted gains. Bitcoin rose 1.35% to $82,031, while Ether, XRP, BNB, Solana, and Dogecoin each gained between 2% and ...
