Forward Industries, holding over 7 million SOL tokens worth about $525 million, faced rejection from three Solana digital asset treasury companies—Solana Company (HSDT), Brera Holdings, and SkyAI—over its acquisition proposals. Solana Company’s board unanimously rejected the offer, citing undervaluation, while Brera Holdings and SkyAI also declined or ignored the bids. Solmate accused Forward of a secret hostile takeover plan, which Forward denied. Despite setbacks, Forward’s shares rose 8.6%, reflecting investor interest as the company leads a sector consolidation effort amid pressure on smaller operators to merge for sustainability.
Prediction markets show nearly even chances of Bitcoin falling to $75,000 or rising to $80,000 by the end of September, reflecting uncertainty after the US Federal Reserve raised interest rates. Bitcoin has dropped from its record high near $126,000 ...
Panmure Liberum maintained its 'sell' rating on Wizz Air while raising the target price from 600p to 700p after the airline's capital markets day. The broker noted Wizz Air's ambitious financial targets, including a 10% operating margin by 2030, whic...
SpaceX stock has risen 14.67% since its IPO, trading around $154.81 after initial volatility and price swings between $104.83 and $225.64. Early investors who bought at the IPO or at the low in August have seen notable gains, while those who bought a...
Vince Holding is rated a Buy due to its improving core business and strategic growth from acquiring OVO's operating business with minimal upfront cost and a 5% IP stake. Management aims for OVO revenue to exceed $100 million by FY2030, with adjusted ...
Bitcoin surged about $2,000 from lows near $76,300 back above $78,000 due to a wave of forced liquidations of short positions totaling around $66 million. This rebound followed a Federal Reserve interest rate hike that initially pushed Bitcoin below ...
