Settlement, which includes no admission of wrongdoing, covers roughly 36m eligible devices in class-action lawsuit Apple on Tuesday agreed to pay $250m to settle a class-action lawsuit accusing it of misleading millions of iPhone buyers by falsely touting artificial intelligence capabilities for its Siri voice assistant in late 2024. Plaintiffs accused the California tech giant of having “promoted...
Settlement, which includes no admission of wrongdoing, covers roughly 36m eligible devices in class-action lawsuit Apple on Tuesday agreed to pay $250m to settle a class-action lawsuit accusing it of misleading millions of iPhone buyers by falsely touting artificial intelligence capabilities for its Siri voice assistant in late 2024. Plaintiffs accused the California tech giant of having “promoted AI capabilities that did not exist at the time, do not exist now, and will not exist for two or more years” in order to boost iPhone sales, according to the suit. Apple’s more “personalized” version of Siri still has not been fully released despite its announcement nearly two years ago. Continue reading...
The investor sentiment on Bullish (NYSE: BLSH) stock perfectly matched the company's name on Tuesday. The shares traded nearly 12% higher that day, thanks mostly to a new acquisition announced by the next-generation digital finance transaction and information specialist. Before market open, Bullish announced it had secured a definitive agreement to acquire Equiniti for $4.2 billion. This is compos...
The investor sentiment on Bullish (NYSE: BLSH) stock perfectly matched the company's name on Tuesday. The shares traded nearly 12% higher that day, thanks mostly to a new acquisition announced by the next-generation digital finance transaction and information specialist. Before market open, Bullish announced it had secured a definitive agreement to acquire Equiniti for $4.2 billion. This is composed of roughly $2.35 billion in Bullish stock and $1.85 in Equiniti debt to be assumed by Bullish. The seller is private equity firm Siris Capital Group. Image source: Getty Images. Continue reading
Earnings Call Insights: Tigo Energy (TYGO) Q1 2026 Management View "We delivered a strong start to 2026 despite the typical weather-related seasonality in our end markets" (Chairman & CEO Zvi Alon). "In the first quarter of 2026, we reported a total
Earnings Call Insights: Tigo Energy (TYGO) Q1 2026 Management View "We delivered a strong start to 2026 despite the typical weather-related seasonality in our end markets" (Chairman & CEO Zvi Alon). "In the first quarter of 2026, we reported a total
Key PointsOn April 29, 2026, Powell sold 18,723 shares at a weighted average price of $20.03 (with individual trades ranging from $20.00 to $20.05), for total proceeds of approximately $375,000. The sale was executed under a 10b5-1 trading plan
Key PointsOn April 29, 2026, Powell sold 18,723 shares at a weighted average price of $20.03 (with individual trades ranging from $20.00 to $20.05), for total proceeds of approximately $375,000. The sale was executed under a 10b5-1 trading plan
Toni M/iStock Editorial via Getty Images Introduction MTU is a leading aerospace engine specialist trading as if temporary disruption caused by a manufacturing issue in the Pratt & Whitney Geared Turbofan (GTF) program has permanently impaired its business. Despite the issue not being MTU’s
Toni M/iStock Editorial via Getty Images Introduction MTU is a leading aerospace engine specialist trading as if temporary disruption caused by a manufacturing issue in the Pratt & Whitney Geared Turbofan (GTF) program has permanently impaired its business. Despite the issue not being MTU’s