Rithm Acquisition Corp-A

Rithm Capital's Newrez subsidiary will pay nearly $11 million in additional costs and fines from a multistate settlement, equating to $0.02 per share, but the focus shifts to ongoing oversight.

Workday (WDAY) shares dropped 4.3% Friday, trimming gains from a takeover-driven surge. A 20% premium suggests a $59.5 billion buyout, but financing and analyst targets pose challenges.

MicroAlgo shares jumped 40% following news of a quantum image-processing algorithm, though no commercial deals or revenue forecasts were announced.

MicroAlgo Inc. shares surged 20.88% in pre-market trading after announcing a novel algorithm for automating quantum circuit design, but the company has not yet disclosed customers, pricing, or a launch timeline.

Rithm Capital shares dropped to a 52-week low of $8.77, declining 3.3% amid heavy trading volume. The selloff reflects broader pressure on mortgage REITs as interest rates climb.