iRhythm Technologies and its CEO have agreed to a $45 million settlement in a class action lawsuit alleging they made false and misleading statements about the company's Zio AT heart monitoring device between July 2022 and August 2024. The U.S. District Court for Northern California approved the proposed settlement, which will resolve claims against the company and CEO Quentin Blackford if finalized. A settlement hearing is scheduled for November 5, 2026, to determine approval of the settlement, attorneys' fees, and other related matters. Investors who purchased iRhythm stock during the class period may be eligible to claim a share of the settlement fund by October 1, 2026.
Western Digital, a leading hard disk drive (HDD) provider, reported a 44% year-over-year revenue increase in Q4 driven by strong demand from cloud and AI workloads. Cloud customers made up 89% of revenue, with shipments growing 22% in exabytes. Gross...
VinFast and GSM have announced new senior leadership appointments to support their global expansion. Pham Nhat Quan Anh becomes CEO of VinFast Global and Chairman and CEO of VinFast Vietnam, succeeding Pham Nhat Vuong. Nguyen Quoc Tuan is named Chair...
During the week of September 8–11, US spot Bitcoin ETFs saw significant outflows totaling $462.7 million, with the largest daily loss of $282.7 million on Thursday. In contrast, Ethereum ETFs reversed earlier losses with a strong $216.4 million inflo...
BlackRock's iShares Ethereum Trust ETF saw a $149 million net inflow on September 11, dominating the $216 million total inflows into US spot Ethereum ETFs that day. This brings ETHA's cumulative net inflows to over $13 billion, highlighting BlackRock...
On September 11, institutional investors shifted funds from Bitcoin ETFs, which saw $13.29 million in outflows, to Ethereum ETFs, which gained $216 million. This rotation suggests a change in preference rather than a broad market exit, with Bitcoin E...
