Needham reiterated its Buy rating and $55 price target on Figure Technology, citing June and Q2 loan marketplace volumes that significantly surpassed analyst estimates and company guidance.
The New York Times has filed a countersuit against the U.S. Equal Employment Opportunity Commission, claiming the agency's discrimination lawsuit is an act of illegal retaliation for the newspaper's coverage of the Trump administration.
A U.S. bankruptcy judge has ruled that California cannot pursue monetary damages against Chrome Holding Co., the successor to 23andMe, over a 2023 data breach, citing the terms of the company's Chapter 11 reorganization plan.
The U.S. Securities and Exchange Commission has updated its guidance, requiring activist investors to identify their clients in key regulatory filings. The move increases transparency in activist campaigns and may challenge the long-held secrecy of hedge funds.
Meta has withdrawn its 'Muse Image' AI generator, which used public Instagram photos for training, following significant criticism over its automatic opt-in policy from users and the SAG-AFTRA actors' union.
Artificial intelligence is streamlining financial analysis and improving price discovery, but it also introduces risks of synchronized trading and severe market dislocations, according to a research note from Bernstein.
The U.S. military has declared the Strait of Hormuz open to all maritime traffic and stated its forces are prepared to ensure passage, following an exchange of fire and Iranian claims that it had closed the vital oil chokepoint.
Speculative short positions against the Japanese yen have reached levels not seen since July 2024, creating significant risk of a rapid unwind, according to a new Bank of America analysis.
The British pound fell against a broadly stronger U.S. dollar as rising oil prices, geopolitical tensions, and investor positioning ahead of Federal Reserve minutes bolstered the greenback's safe-haven appeal.
