Pomerantz LLP is investigating Portillo’s Inc. for potential securities fraud following the company's lowered revenue growth and adjusted EBITDA targets in 2025. Portillo’s also reduced its same-restaurant sales and unit growth outlook, which led to a 5.67% drop in its stock price on September 10, 2025. The investigation aims to determine if Portillo’s officers or directors engaged in unlawful business practices, with investors encouraged to join a class action lawsuit. This could impact investor confidence and future legal proceedings.
US spot Bitcoin ETFs attracted $241 million in net inflows for the week ending October 2, 2026, marking the third consecutive week of positive inflows. BlackRock's iShares Bitcoin Trust (IBIT) led with $450 million, significantly outperforming other ...
Service Properties Trust raised $500 million through equity to address near-term debt maturities, which caused significant shareholder dilution and a 39% drop in share price. Although the company raised its normalized FFO guidance to $124–$144 millio...
Zcash started testing its NU7 upgrade on the public testnet on October 4, aiming to reduce block times from 75 to 25 seconds and introduce a new fee distribution system. The upgrade allocates 40% of transaction fees to miners and 60% to a reserve for...
Zcash has activated its NU7 upgrade on the public testnet, reducing the targeted block time from 75 seconds to 25 seconds. This change aims to speed up transaction processing, benefiting exchanges, wallets, and merchants by shortening confirmation wa...
MediaAlpha reported a 26% revenue increase in Q2 and raised its Q3 guidance, targeting $90-100 million free cash flow by 2026. Despite concerns like CFO turnover and insider selling, the company’s valuation at 6.1x 2026 EBITDA suggests a favorable ri...
