Avici, a Solana-based crypto card platform, suffered an ongoing attack that drained over $1 million in user collateral, causing its AVICI token to plummet nearly 50% to an all-time low. The attacker added unauthorized administrators to user accounts before withdrawing collateral, exploiting weaknesses in Avici's authorization controls. Avici acknowledged the withdrawal issue but has not confirmed the total losses or the number of affected users. The incident raises questions about the platform's self-custody claims and highlights risks in crypto payment infrastructure. The company is investigating and working with partners but has yet to provide detailed explanations or user compensation plans.
Stifel Nicolaus increased its price target for Donaldson Company to $95, reflecting a 3.77% potential upside. Donaldson reported record fiscal 2026 results with $3.9 billion in sales, a 5% increase, and adjusted EPS up 8% to $3.98. The company also a...
Chagee Holdings Limited reported a 2.5% year-over-year revenue increase to approximately $503.3 million in Q2 2026, alongside a significant recovery in GAAP net income to RMB464.8 million. Despite a 9% decline in Greater China sales due to economic c...
Datadog CEO Olivier Pomel sold 47,054 shares of the company's stock, totaling $11.1 million. This significant sale could indicate personal financial planning or portfolio rebalancing. Investors may watch for any further insider transactions or compan...
In June 2026, President Donald Trump's investment team purchased up to $5 million worth of shares in three high-performing stocks, according to his latest financial disclosure. This move highlights the team's confidence in these companies amid a dyna...
Boliden AB plans to acquire Nexa Resources S.A. for $1.3 billion, boosting Nexa's stock target to $15.00 by Scotiabank, signaling a 10.38% potential gain. However, the deal is under legal scrutiny by Halper Sadeh LLC, which is investigating whether N...
