Oscar Boyd5 min read
Avis Budget Group is set to receive $650 million from Pentwater Capital Management to settle a short swing profit lawsuit. With CAR shares down 6.73% to $177.64 and short interest…
Oscar Boyd5 min read
USO dropped 4.15% to $106.64 on June 21, touching near its 52-week low as diplomatic progress on U.S.-Iran tensions eases fears of Strait of Hormuz disruption. Brent crude hit a…
Mason Taylor5 min read
SecondFi, the EMURGO-backed successor to Yoroi, disclosed a critical flaw in its Cardano wallet generation software on June 23. Loss estimates range from $2.4M to over $20M as ADA slips…
Arnold Tucker5 min read
OpenAI has unveiled Jalapeño, its first custom AI chip built with Broadcom. The company claims it beats current state-of-the-art silicon in early testing, a direct shot at Nvidia. Here is…
Louis Fleming5 min read
Tanker rates on Persian Gulf routes have gone vertical since the U.S.-Iran MOU, with one VLCC booked at 897% of benchmark costs. Yet USO is falling toward its 52-week low.…
Arnold Tucker6 min read
Cerebras Systems dropped nearly 18% after its debut earnings report revealed full-year gross margin guidance well below Nvidia and AMD peers. Here is what the numbers actually say about the…
Arnold Tucker6 min read
Wendy's stock surged more than 30% on June 21, 2026, as new executive appointments from Potbelly and a retail-driven short squeeze campaign combined to produce the chain's biggest single-session gain…
Tommy Spencer5 min read
The Fed releases its 2025 bank stress test results Wednesday, covering 32 institutions including JPMorgan and Bank of America. Capital buffers are frozen from last year, but the results still…
Tommy Spencer5 min read
The Justice Department seized a cloud account powering the Huione Group's criminal marketplace infrastructure, prosecutors say. Blockchain analysts call Huione Guarantee the largest illicit marketplace ever, surpassing Silk Road. Here…
Tommy Spencer6 min read
Micron Technology reports fiscal Q3 earnings with analysts expecting 1,165% net income growth, but the stock has fallen after five of its past six quarterly prints and the options market…