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Will Executive Firing and Lawsuit Over Controls Change Red Cat Holdings' (RCAT) Leadership Narrative?
Simply Wall St.25d agobearish
Will Executive Firing and Lawsuit Over Controls Change Red Cat Holdings' (RCAT) Leadership Narrative?

Red Cat Holdings, Inc. previously terminated Chief Revenue Officer Geoffrey Hitchcock for cause, after a board hearing under his executive employment agreement, and informed him he would receive only accrued salary and benefits through his termination date. Following this decision, Hitchcock filed a civil complaint alleging retaliatory termination and contract breaches, creating additional legal and governance questions around Red Cat’s leadership and internal controls. Now we’ll examine how...

Nasdaq (NDAQ) Ends Miami Case And Sells Fund Secondaries Business
Simply Wall St.25d agobearish
Nasdaq (NDAQ) Ends Miami Case And Sells Fund Secondaries Business

NasdaqGS:NDAQ has resolved its nearly decade-long litigation with Miami International Holdings, with all claims and counterclaims dismissed. Nasdaq is selling its fund secondaries business to its former affiliate, Nasdaq Private Market, reshaping its private markets footprint. For investors tracking Nasdaq, these moves come as the stock trades around $90.42, with a 9.6% gain over the past 30 days but a decline of 6.5% year to date. The stock is also down 2.1% over the past year, while...

Bloomberg25d agobearish
Korean Stocks Sink as Chipmakers Drop on Middle East, China IPO

(Bloomberg) -- South Korean stocks fell as funds cut exposure to chipmakers after overnight losses in US peers, while factoring in a Chinese rival’s imminent share sale and rising Middle East tensions. Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandAlphabet Falls as $205 Billion Spending Plan Fuels AI Cost FearTrump Rebuilds Tariffs Wi

Bitcoin, Ethereum, XRP, Dogecoin Fall as US Strikes on Iran Enter 13th Day: Analyst Says Correction Isn't 'Great' for the Market
Benzinga25d agobearish
Bitcoin, Ethereum, XRP, Dogecoin Fall as US Strikes on Iran Enter 13th Day: Analyst Says Correction Isn't 'Great' for the Market

Leading cryptocurrencies dived alongside stocks on Thursday as elevated Middle East tensions trimmed investors’ risk appetite. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:20 p.m. EDT)Bitcoin (CRYPTO: BTC)-1.51%$64,953.64Ethereum (CRYPTO: ETH) -3.13%$1,871.30XRP (CRYPTO: XRP) -2.80%$1.10Solana (CRYPTO: SOL) -2.87%$75.89Dogecoin (CRYPTO: DOGE) -5.02%$0.06921 Crypto Market in Red Bitcoin fell back to the mid-$64,000s, while Ethereum dropped to around $1,800, reversing earlier weekly gains.

JD.com (JD) Faces EU Probe Over Its Proposed Ceconomy Takeover
Simply Wall St.25d agobearish
JD.com (JD) Faces EU Probe Over Its Proposed Ceconomy Takeover

The European Commission has opened a formal investigation into NasdaqGS:JD's proposed takeover of German electronics retailer Ceconomy. The review is being conducted under the EU Foreign Subsidies Regulation, which examines whether non EU state support distorts competition. The investigation brings closer scrutiny to JD.com's cross border expansion plans into Europe's consumer electronics market. JD.com, listed as NasdaqGS:JD, runs a large e commerce and logistics business in China with a...

Is Agnico Eagle Mines (AEM) Undervalued After Profit Forecast Cuts And A Share Price Pullback?
Simply Wall St.25d agobearish
Is Agnico Eagle Mines (AEM) Undervalued After Profit Forecast Cuts And A Share Price Pullback?

Agnico Eagle Mines (NYSE:AEM) heads into its second quarter 2026 earnings report on July 29 with analysts having trimmed 2026 profit forecasts following a retreat in gold prices and a Zacks Rank of 5. See our latest analysis for Agnico Eagle Mines. Agnico Eagle Mines’ share price has pulled back from recent highs, with a 90 day share price return down 27.83% and a 30 day return down 9.77%. However, the 1 year total shareholder return of 15.96% and very large 3 year total shareholder return of...

CVS Health (CVS) Faces Henry Ford Health Lawsuit Over $29 Million 340B Claims
Simply Wall St.25d agobearish
CVS Health (CVS) Faces Henry Ford Health Lawsuit Over $29 Million 340B Claims

Henry Ford Health has filed a lawsuit against CVS Health (NYSE:CVS) alleging fraudulent reimbursement practices tied to the federal 340B drug discount program. The complaint claims CVS manipulated pricing and engaged in retaliatory behavior, which Henry Ford Health says led to losses of more than US$29 million. The case adds to a series of disputes between large health systems and pharmacy operators over how 340B program discounts are administered. For investors following CVS Health, this...

Wall St falls as tech earnings spark AI spending worries
Reuters Videos25d agobearishVIDEO
Wall St falls as tech earnings spark AI spending worries

<body><p>STORY: Wall Street stocks plummeted on Thursday, with the Dow dropping about 1%, the S&P 500 shedding 1.2% and the Nasdaq tumbling more than 2%.</p><p>The latest earnings results from large tech companies such as Alphabet and Tesla revived concerns about heavy AI spending, says Keith Buchanan, senior portfolio manager for Globalt Investments.</p><p>"We're at a point now where the hype has to kind of meet some level of realistic expectation, quantifiable expectation. And the markets are starting to digest just what this means to cash flow in some of the largest companies in the world going forward. And a lot of spending is eating into cash flow in a way that's making investors lose a bit of comfort and question a lot of valuations that have grown over the past couple of years. And that's what's really at the root of what's really hampering some of the market returns today and giving back some of the gains that we've gotten for the market over the past couple of weeks."</p><p>Shares of Alphabet sank 7% after the tech giant reported higher spending plans while it also burned cash.</p><p>And shares of Tesla tumbled 14.5% after Elon Musk's EV maker reported negative free cash flow in the second quarter for the first time in more than two years.</p><p>But shares of Intel rose 10% in extended trading after the company forecast quarterly profit and revenue above Wall Street estimates as an AI data center buildout increases demand for its central processing units, or CPUs.</p><p>Meanwhile, Brent crude oil futures settled above $100 a barrel for the first time since May, and U.S. oil futures settled above $92.</p><p>The surge in oil prices prompted worries about inflation ahead of next week's Federal Reserve policy meeting.</p></body>

World’s quietest metal just dropped a huge bullish signal
TheStreet25d agobearish
World’s quietest metal just dropped a huge bullish signal

These are good times for copper producers. Demand for their product is decidedly robust, particularly for copper coil or copper plate or the ultra-pure copper broken up literally into atoms to make tiny, high-speed computer chips. Or all the wiring and related equipment used in data centers. Copper ...