Kahn Swick & Foti, LLC is investigating Inspire Medical Systems following the company's announcement of delays in launching its Inspire V device and a significant cut in 2025 earnings guidance by over 80%. The delays were due to undisclosed issues such as incomplete training and onboarding at many centers, software update delays, and excess inventory. Inspire and some executives face a securities class action lawsuit for allegedly withholding material information. The investigation is examining potential breaches of fiduciary duties and legal violations by Inspire's officers and directors. The case remains ongoing after transfer to a Minnesota court.
GE Vernova is emerging as a leader in the nuclear energy sector, leveraging 65 years of experience and a global footprint. Its Small Modular Reactor (SMR), the BWRX-300, is already under commercial contract with construction underway in Canada, and p...
AI data centers have shifted the electric utility industry from a stable, recession-hedging sector to one with significant growth potential and increased risks. Utilities are now valued based on a hybrid model combining the traditional stability of r...
Robinhood launched its Arbitrum-based chain on July 1, 2026, driving a spike in on-chain trading volume to over $568 million on July 8, which coincided with a 19% rise in ARB token price. However, ARB is primarily a governance token and not used for ...
On July 10, US spot Bitcoin ETFs attracted $90.4 million in net inflows, while Ethereum ETFs gained $18.4 million, indicating a cautious return of institutional capital after a massive $4 billion outflow in June. This inflow follows a break in a 10-d...
Meta has discontinued its new AI feature, Muse Image, which allowed users to generate images using photos from public Instagram accounts. The tool faced immediate criticism for privacy concerns, as it was automatically enabled without explicit user c...
