SEC Charges Multiple Entities in Fraud Schemes Totaling at Least $15 Million That Used WhatsApp and Other Platforms to Lure Investors
The Securities and Exchange Commission today charged multiple entities that are likely operated by individuals located overseas for defrauding hundreds of…
Morgan Stanley’s Mike Wilson says an S&P 500 correction may be exactly what the market needs
The chief U.S. equity strategist at the investment bank favors largecapitalization quality companies. Source:MarketWatch
Two stock picks from a money manager who expects small caps to roar in 2027
Calamos Investments manager Brandon Nelson’s fourstar fund is betting on financial services apps. Source:MarketWatch
Novo Nordisk strikes second licensing deal since frosty capital-markets day
Novo Nordisk on Tuesday struck its second licensing deal since receiving a poor reception from investors after presenting its longterm strategy.…
Tether says it helped freeze $550M in Iran-linked USDT this year
The disclosure came as Senate Democratic investigators alleged USDT had become a key part of Iran’s shadow banking network. Source:Cointelegraph
This AI startup has only 14 employees — and a fresh $10 billion valuation
Instinct is rapidly amassing investment dollars, illustrating the rush of excitement around personal AI assistants. Source:MarketWatch
Before you invest in the Oura IPO, understand what you’re buying
The healthdata company could see a pop in its stock price, but there are plenty of warning signs Source:MarketWatch
SEC Charges Registered Investment Adviser Zoe Financial for Failure to Disclose Conflict of Interest
The Securities and Exchange Commission today announced settled charges against New Yorkbased investment adviser Zoe Financial Inc. for failing to fully and…
Micron has a chance to set the record straight with its earnings report
Micron is no longer the company it was before the AI boom, and one analyst says it’s time that investors fully appreciate that. Source:MarketWatch
Bitget CEO says $388M hack exploited third-party security vulnerability
Some stolen assets have been frozen, but Bitget has yet to disclose how much has been recovered as investigators continue to assess a possible North Korea…
Microsoft’s stock has roared back to life and is now headed for its highest close of the year
Microsoft shares got off to a rough start this year, but investors have warmed to the company’s AI narrative over the last few months. Source:MarketWatch
This is why you might see 8% mortgage rates soon
Also in Weekend Reads: The bond market selloff’s consequences for AI, a threat to the buyandhold investment style and advice from the Moneyist.…