Energy technology firm Holtec Nuclear Corporation has filed for an initial public offering in the U.S. to advance its development of small modular reactors. The company plans to list on Nasdaq under the ticker 'HNUC'.
The U.S. Securities and Exchange Commission has updated its guidance, now requiring activist investors to identify their clients in key regulatory filings, a move that increases transparency in corporate proxy fights.
The social media giant discontinued its 'Muse Image' feature just days after launch, following sharp criticism over its policy of using public Instagram photos for AI training on an opt-out basis.
Russia's benchmark stock index closed unchanged but marked a new three-year low, as gains in energy and banking stocks were offset by losses in the materials sector. The session was marked by a weaker ruble and elevated market volatility.
Wall Street analysts made significant calls on major AI-related stocks, with Raymond James initiating SpaceX at a Street-high $800 target while Bernstein downgraded Salesforce, citing poor customer feedback on its AI product.
Analysts at BofA Securities attribute the recent weakness in AI-related stocks to a healthy market rotation, crowded positioning, and seasonal factors, rather than the beginning of a broader market downturn.
The cryptocurrency exchange announced its 'Fiat & Pay Summer Splash' campaign, running until July 15, to incentivize user activity on its fiat on-ramps and Bybit Pay service.
Cardano (ADA) registered its largest single-day percentage gain since late February, climbing more than 10% and pushing its market capitalization above $6.3 billion amid a broader-based rally in digital assets.
Cryptocurrency exchange BTCC reports a significant increase in futures trading volume, with daily activity surging by as much as 55%, which the company attributes to a promotional campaign linked to Argentina's World Cup matches.
