Calumet, Inc. is under investigation by Pomerantz LLP for potential securities fraud following its Q2 2026 earnings report. The company disclosed a $6.2 million EBITDA decline in its Performance Brands segment and significant margin losses in its Montana Renewables business, leading to a delayed ramp-up in SAF production. These issues caused Calumet's stock to fall 5.73% on August 7, 2026. The investigation aims to determine if Calumet and its executives engaged in unlawful business practices, which could impact investors' confidence and the company's future operations.
Advent International and Stripe have ended their pursuit of acquiring PayPal in a deal valued at over $50 billion, which would have been one of the largest leveraged buyouts ever. PayPal's shares dropped as much as 16% in premarket trading following ...
Prosafe SE announced its Q2 2026 results highlighting a very safe quarter with nearly 100% commercial uptime across its accommodation units, except for a brief period during maintenance (SPSs) at the start of the quarter. The company operates five ac...
Prediction markets now see only a 10% chance that Stripe will acquire any part of PayPal in 2026, down from 70% earlier this year. Stripe and Advent International withdrew their $60.50 per share bid, valuing PayPal at over $53 billion, after PayPal's...
Blockstream researchers introduced SHRINCS, a new post-quantum signature scheme designed specifically for Bitcoin to resist quantum computer attacks while maintaining about three transactions per second capacity. SHRINCS uses the SHA-256 hash functio...
US spot Bitcoin exchange-traded funds (ETFs) attracted $242.3 million on August 27, marking their ninth consecutive day of net inflows and bringing the total to about $3.04 billion since August 17. BlackRock's iShares Bitcoin Trust led inflows with $...
