A class action lawsuit has been filed against Wise Group plc following reports of a money laundering investigation by Brussels authorities involving over half a billion euros. The probe alleges Wise Europe's services were linked to fraud, corruption, and drug trafficking. Wise's stock price dropped significantly after these reports and after U.S. regulators denied its national trust bank license due to anti-money laundering deficiencies. Investors who bought Wise securities during the class period have until September 29, 2026, to join the lawsuit or seek lead plaintiff status.
Nvidia's equity investments have surged to $99 billion as of July 26, up from $7 billion a year ago, reflecting its aggressive expansion in the AI sector. The company has invested heavily in frontier AI labs, cloud providers, and infrastructure firms...
Premier African Minerals' shares fell over 27% after the company announced plans to seek shareholder approval to issue up to 58.63 billion new shares to fund its Zulu Lithium and Tantalum Project in Zimbabwe and strengthen its balance sheet. Addition...
Tesla has opened interest for businesses to buy Cybercab fleets or support infrastructure for its robotaxi network, indicating a move beyond running the service solely in-house. This marks a shift from Elon Musk's original vision of individual Tesla ...
Sivers Semiconductors has been upgraded to a Buy rating following a 78% decline in its stock price, improved liquidity from a SEK 700 million capital raise, and a more attractive valuation entry point at around 26x EV/sales. The company’s photonics s...
Rocket Lab is recognized for its strong execution in the aerospace sector, consistently beating analyst estimates for eight quarters. However, its stock trades at a high forward Price to Sales ratio of 40x, a significant premium over the sector media...
