ECD Automotive Design receives SEC approval to sell up to $300 million in stock

A U.S. judge has ruled that the former CFO of View, a company known for its smart window technology, must face a case brought by the SEC. This decision is significant as it highlights ongoing regulatory scrutiny in the tech sector, particularly concerning financial practices and transparency. The outcome could have implications not only for the individuals involved but also for investor confidence in innovative companies.

The launch of the Bitwise Solana Staking ETF (BSOL) marks a significant milestone in the cryptocurrency market, as it is the first ETF to offer full staking exposure to Solana, the sixth-largest token. With an attractive yield of around 7%, this debut has attracted strong investor interest, highlighting a growing trend of smaller cryptocurrency ETFs entering Wall Street despite the ongoing government shutdown. This development is important as it reflects the increasing acceptance and integration of digital assets into traditional finance, potentially paving the way for more innovative investment products in the future.

News Corp has announced an update on its $1 billion stock repurchase program in a recent SEC filing, signaling confidence in its financial health and commitment to returning value to shareholders. This move is significant as it reflects the company's strategy to enhance shareholder returns and indicates a positive outlook for its future performance.

Rapid7's stock has reached a 52-week low of $17.74, reflecting a challenging year for the company. Investors are concerned about the ongoing difficulties that have impacted its performance.

Palantir's outlook has been raised by BofA Securities Analyst Mariana Perez Mora, who believes the company will thrive even if the AI bubble bursts. She shared insights on Palantir's strong earnings and its unique position in the AI sector during a discussion with Caroline Hyde and Ed Ludlow on Bloomberg Tech.

Guggenheim has raised its price target for Sphere Entertainment to $90, reflecting a strong outlook for the company. This positive adjustment indicates confidence in Sphere's future performance and growth potential.

Mach Natural Resources has seen its stock price drop to a 52-week low of $11.76, raising concerns among investors about the company's performance and future prospects.

Bitcoin has seen a significant drop, losing over 20% from its recent peak and falling below $100,000 for the first time since June. This decline reflects a broader bear market trend, impacting crypto stocks as well. Fred Thiel, CEO of Mara Inc, shared insights on the situation during his appearance on Bloomberg Crypto.

Putin has expressed strong confidence in the capabilities and future prospects of Russia's new weapons systems. He highlighted their advanced technology and strategic importance, emphasizing the nation's commitment to enhancing its military strength.