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FOFO News30 articles
Chrome's Post-Quantum HTTPS Upgrade: Key Exchange Secured, Authentication Still Classic
Google Chrome enables quantum-resistant key exchange by default, but website authentication still relies on classical cryptography. Learn what this means for HTTPS security.
Amazon Expands Prime Refunds Up to $200; Settlement Cap Unchanged
Amazon Prime customers can now receive up to $200 in refunds under an expanded FTC order, but the total settlement cap stays at $2.5 billion. Shares rose 1% Friday.
Amazon Prime Refund Expansion Approved: Payouts Rise to $200, Cap Unchanged
A federal court approved a faster distribution plan for Amazon Prime refunds, raising per-person payouts to $200 while keeping the $1.5 billion cap. Amazon shares closed higher, but volume was subdued.
Qorvo Merger Arbitrage Tightens to 0.5% as Bond Exchange Hits 90%+
Qorvo's merger-arbitrage spread narrowed to 0.5% as bond tenders exceeded 90%, but regulatory clearances remain pending.
Capitals Lock Up Leonard for 8 Years, $84M Ahead of NHL Rule Change
The Capitals signed Ryan Leonard to an 8-year, $84M extension, locking in an extra year before NHL rules change. The deal averages $10.5M annually.
Strategic Oil Reserve at 44-Year Low as Exchange Deliveries Continue
The US Strategic Petroleum Reserve fell to 285.36 million barrels, the lowest since 1982, as emergency exchange deliveries continue. Oil prices remain above $100 per barrel.
Beijing Dismisses AI Safety Plea; Amazon's $15B Anthropic Deal Unchanged
China rebuffed Anthropic's call for global AI coordination, but Amazon's $15B financing facility tied to AWS milestones remains unaffected.
BOJ Rate Hike Expected, But Yen's Fate Hangs on Ueda's Next Move
The Bank of Japan is set to raise rates to 1.25%, but the yen's direction depends on Governor Ueda's hints about further tightening. USD/JPY has already fallen 1.7% this week.
SELLAS: Cash Buffer vs. $150M ATM Overhang
SELLAS has a 4.2-year cash runway, but its $150M ATM facility still looms. Clinical readouts from REGAL and SLS009 will determine the timing and cost of future dilution.
Oracle's Ellison Scraps 50M Share Sale Plan, Easing Overhang
Larry Ellison has canceled his Oracle stock sale plan, eliminating a potential supply overhang. No shares were sold, and he has no other sale plans.
Veritone Soars 18% on AI Showcase, But Debt Overhang Persists
Veritone shares rallied 18% on IBC2026 product demos, but the AI firm faces a $45.6M debt deadline with only $12.4M cash.
Kraft Heinz Swaps Nasdaq for NYSE: What Changes for KHC Investors
Kraft Heinz begins NYSE trading Monday under the same ticker KHC, a venue change only. Shares closed at $24.60 Friday; the 6.5% dividend yield remains a key debate as sales decline.
Headlam's Administrators Shut 28 Counters, Shed 154 Jobs as Rescue Hangs in Balance
Headlam's administrators have closed 28 trade counters and cut 154 jobs, shrinking the flooring group's footprint. Shares remain suspended at 10.5p as creditors decide on a CVA and refinancing.
NuScale Power Soars 15% on No News; Dilution Overhang Looms
NuScale Power shares rallied 15% to $11.18 without any new orders or announcements, but the stock now trades just above its recent ATM offering price, highlighting dilution and cash burn concerns.
Arbor Realty's 13.6% Yield Hangs on Credit Recovery
Arbor Realty Trust's dividend yield is high, but Q2 earnings covered only 59% of the payout, raising sustainability concerns as credit costs persist.
Nintendo Shares Unchanged Ahead of Zelda Direct, Ocarina of Time Confirmed for Switch 2
Nintendo shares closed unchanged at ¥8,750 despite confirming Ocarina of Time for Switch 2 in 2026. The market awaits the Zelda Direct for product details.
China's August Trade Surplus Hits Record, Yet Hang Seng Slips
China's August trade surplus widened to $119.09 billion, matching forecasts, but imports missed expectations. The Hang Seng slipped, while the yuan held steady.
Anthropic's IPO Roadshow Pushed to Mid-October as $2T Valuation Hangs in Balance
Anthropic's IPO roadshow has slipped to mid-October, intensifying scrutiny of its reported $2 trillion valuation. Investors await the S-1 filing for details on revenue recognition and compute costs.
Hang Seng Slips 1% as US Rate Hike Bets Weigh on Hong Kong
Hong Kong stocks dropped 1% on Monday, diverging from Asian peers, as robust US jobs data raised Fed rate hike odds and pressured the currency peg.
Coinbase Stock Soars 10.5% as Crypto Rally Lifts Exchange's Valuation
Coinbase shares surged 10.5% to $193.36, valuing the exchange at $51B. Despite a 22% drop in transaction revenue, a crypto rally and record market share fueled gains.
HCA Healthcare Cuts Jobs as Exchange Mix Pressures Earnings
HCA Healthcare cut a small percentage of corporate roles as it grapples with a $400 million exchange-related earnings drag and lowered its 2026 EBITDA outlook. Shares slipped 0.5%.
Binance Dominates August Exchange Inflows as Bitcoin Retreats Below $78K
Binance secured $15.7B in August inflows, over 75% of all centralized exchange flows, as Bitcoin dropped below $78,000. Record spot volumes and concentration risks highlighted.
Wellchange Stock Soars 33% Despite 85% Discounted Share Sale
Wellchange shares surged 33% despite pricing a 50 million-share offering at an 85% discount, raising $7.5 million. The deal highlights investor speculation amid heavy dilution.
EHang Shares Tumble 9.9% as Regulatory Delays Force Revenue Forecast Withdrawal
EHang shares plunged 9.9% after Q2 revenue missed consensus by 41.4%, prompting the company to withdraw its 2026 revenue guidance amid regulatory uncertainty in China.
Nvidia's $316B Market Value Hangs in Balance Ahead of Q2 Earnings
Options data suggests Nvidia could swing 6% after its Q2 earnings report, a move worth roughly $316 billion in market value.
Unitree Robotics Soars 460% in Shanghai Debut
Unitree Technology's shares skyrocketed 460% on its first day of trading in Shanghai, closing at RMB 845 and valuing the robot maker at $50 billion.
Cellebrite Plunges 31% on Missed ARR, CEO Change
Cellebrite shares dropped 31% as Q2 ARR fell short and the company cut its full-year guidance. CEO Shiven Ramji took over immediately.
Upwork Tumbles 20% as AI Automation, Google Changes Hit Forecast
Upwork shares plunged 20% after lowering full-year guidance, citing AI automation and Google search changes. Q2 revenue beat, but profit outlook cut.
UiPath Stock Soars 18% as Shares Outpace Unchanged Earnings Outlook
UiPath (NYSE:PATH) shares jumped 18% last week to $15.05, yet analyst earnings forecasts remain unchanged. Q2 results are due September 3.
Celsius Stock Rebounds on CEO Change Push, Core Brand Still Struggles
Celsius shares rose 11.9% after a leadership challenge, recouping half of Thursday's decline, but core brand revenue fell 11.7%.