Pomerantz LLP is investigating Merchants Bancorp and some of its officers for potential securities fraud following the company's Q1 2026 report. Merchants Bancorp disclosed a roughly 50% drop in brokered deposits and a significant rise in funding costs, which caused its stock to fall over 9%. The investigation could lead to a class action lawsuit if unlawful practices are confirmed. Investors affected are encouraged to contact Pomerantz LLP for more information on joining the case.
BlackRock is reportedly considering investing between $5 billion and $10 billion in SpaceX's upcoming IPO, which aims to raise $75 billion at a valuation of about $1.75 trillion. This could become the largest IPO in history, with SpaceX planning to l...
Bitcoin short liquidations may reach $1.28 billion if the price surpasses $81,818, a key level where many leveraged short positions are clustered. This could trigger a short squeeze, forcing traders to buy back Bitcoin, which would add strong upward ...
Meta AI forecasts XRP's price rising to between $3.50 and $5 by late 2026, driven by Ripple's nearing resolution of its SEC lawsuit, increasing RippleNet adoption, and potential approval of a spot XRP ETF. Currently, XRP is stuck below a key resistan...
IREN secured $2.6 to $3 billion through convertible notes to pivot from Bitcoin mining to building AI data center infrastructure, focusing on its Sweetwater campus in Texas. The company has long-term AI cloud contracts with Nvidia and Microsoft, tota...
SharkNinja reported robust Q1 2026 results, with net sales increasing 15.6% to $1.4 billion and adjusted net income rising 25.1%. The company's growth strategy focuses on expanding product categories, innovating new products, and growing internationa...
