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News Archive

March 12, 2026Connected
42 storiesLast updated: 4:19:22 PM

Stocks

StocksBearish

Goeasy Ltd. Faces Class Action Investigation After 63% Stock Crash and Financial Restatements

Key Facts

  • •SMK Law P.C. is investigating a potential class action lawsuit on behalf of Goeasy Ltd. (TSX: GSY) investors.
  • •The company announced an incremental charge-off of $178 million and a write-down of $55 million.
  • •Goeasy withdrew its guidance and stated it would restate its financial results for 2024 and 2025.
Impact:
9/10
GSY.TO
7 months ago

Crypto

CryptoBullishUpdated×2

Mastercard and Ripple Deepen Partnership to Accelerate CBDC Development and Adoption

Key Facts

  • •Ripple and Mastercard are leading a coalition of 85 firms to integrate crypto into real-world payments.
  • •The collaboration aims to accelerate the adoption of cryptocurrencies within traditional payment systems.
Impact:
7/10
XRPMA
7 months ago

Commodities

CommoditiesBullish

Florida Faces Worst Drought in 25 Years, Threatening Citrus Supply and Boosting Futures

Key Facts

  • •Florida is experiencing its worst drought in 25 years, intensifying pressure on citrus growers.
  • •The industry is facing multiple challenges including citrus greening disease, hurricane aftermath, and rising irrigation costs.
Impact:
7/10
Orange Juice Futures (OJ)PEPKO
7 months ago
StocksBearish

BuzzFeed Warns of Potential Insolvency Amid Severe Liquidity Crisis

Key Facts

  • •BuzzFeed issued a 'going concern' warning, indicating doubt about its ability to stay in business.
  • •The company lacks sufficient liquidity to cover its operations for the coming year.
  • •The company has operated at a loss since its inception and is burdened by legacy commitments.
Impact:
8/10
BZFD
7 months ago
StocksBearishUpdated×3

Dow Drops Over 700 Points as U.S.-Iran Conflict Escalates and Oil Hits $100

Key Facts

  • •Dow futures fell nearly 500 points.
  • •Oil prices continued to climb, putting pressure on equity markets.
  • •Investors received new updates related to the oil market on Wednesday evening.
Impact:
8/10
DIAYM_FWTIUSOSPY
7 months ago
StocksBullish

Papa John's Receives $1.5 Billion Buyout Offer from Qatari-Backed Firm

Key Facts

  • •Papa John's is weighing a $1.5 billion buyout offer from a firm backed by the Qatari royal family.
  • •The offer price is $47 per share, representing a 44% premium.
  • •Papa John's stock surged 15% following reports of the buyout offer.
Impact:
8/10
PZZADPZYUM
7 months ago
StocksBullish

SOLAI Limited Receives $3.069 Per ADS Going-Private Proposal from Chaince Digital

Key Facts

  • •SOLAI received a preliminary non-binding proposal from Chaince Digital Holdings Inc. to acquire all issued and outstanding ordinary shares.
  • •The proposed purchase price is $3.069 per American depositary share (ADS) in cash.
  • •The proposed price represents 110% of the company's net asset value (NAV) as of September 30, 2025.
Impact:
7/10
SLAI
7 months ago
StocksBearishUpdated×2

UiPath Shares Extend Decline Below $12 Level Amid Persistent AI Disruption Fears

Key Facts

  • •UiPath stock tumbled significantly following the release of its earnings report.
  • •Concerns regarding the impact of AI have overtaken previous optimism about the company's automation software.
Impact:
7/10
PATH
7 months ago
StocksMixed

Tesla Pivots to Autonomous 'Cybercab' Amid Significant Regulatory Hurdles

Key Facts

  • •Elon Musk's vision for Tesla's future centers on the fully driverless 'Cybercab' which lacks traditional manual controls.
  • •Regulatory hurdles and existing laws represent a major challenge for the adoption of vehicles without steering wheels.
Impact:
7/10
TSLA
7 months ago
StocksBullishUpdated×2

Bumble Shares Extend Rally to 35% Despite User Drop and Impairment Charges

Key Facts

  • •Bumble shares surged 25% in premarket trading on Thursday.
  • •Fourth-quarter results exceeded analyst expectations.
  • •The company is planning an AI-focused overhaul of its app to win back younger users.
Impact:
7/10
BMBL
7 months ago
StocksBullish

RoboSense Secures Exclusive LiDAR Deal for Baidu's Apollo Go Robotaxi Fleet

Key Facts

  • •RoboSense (HKEX: 2498) announced an exclusive design win to provide the LiDAR suite for Baidu's next-generation Apollo Go robotaxi fleet.
  • •The integrated solution features the EM4, the world's only mass-produced thousand-beam-level digital LiDAR, and the E1 solid-state digital LiDAR.
  • •Apollo Go is Baidu's autonomous ride-hailing subsidiary.
Impact:
7/10
2498.HKBIDU
7 months ago
StocksBearishUpdated

Ulta Beauty Shares Plunge 8% on Weak Annual Profit Forecast

Key Facts

  • •Ulta Beauty forecast annual profit largely below Wall Street estimates due to rising marketing efforts.
  • •The company's shares fell 8% in extended trading following the announcement.
  • •The company is ramping up advertising costs to boost demand amid choppy consumer spending.
Impact:
7/10
ULTA
7 months ago
StocksBullish

India to Launch New Mobile Production Incentives to Boost Tech Giants

Key Facts

  • •India is planning fresh incentives for local mobile phone production after its current flagship program expires this month.
  • •Global tech giants like Apple and Samsung are expected to benefit from these new incentives.
Impact:
7/10
AAPLSMSNNIFTY 50
7 months ago
StocksBullish

CareCloud Reports Record 2025 Net Income and First Positive EPS Since IPO

Key Facts

  • •CareCloud reported record net income for the full year 2025.
  • •The company achieved its first full-year positive EPS since its IPO.
  • •Revenue exceeded previous guidance alongside the introduction of new generative AI products.
Impact:
7/10
CCLDCCLDO
7 months ago
StocksBullishUpdated

Nintendo Shares Rally as 'Pokémon Pokopia' Surpasses 2 Million Sales in 4 Days

Key Facts

  • •Nintendo shares jumped 18% within a single week.
  • •The new 'Pokémon Pokopia' game is exclusive to the Switch 2 console.
  • •There is optimism that the game's success will drive sales for the upcoming Switch 2 hardware.
Impact:
7/10
7974.TNTDOY
7 months ago
StocksBullish

SpaceX Eyes Historic $1.5 Trillion Valuation in Potential IPO Pitch

Key Facts

  • •Reports suggest Elon Musk is pitching a SpaceX IPO with a potential market capitalization of $1.5 trillion.
  • •The IPO pitch relies on massive capital expenditure and thin current profits, emphasizing a very long-term growth runway.
Impact:
7/10
TSLAARKXUFOITASPCX
7 months ago
StocksBullishUpdated

Intensity Therapeutics Files to Resume Enrollment in Breast Cancer Study After Positive Data

Key Facts

  • •Preliminary results showed 71.4% of patients receiving INT230-6 achieved a pathological complete response (pCR) compared to 33% in the standard of care arm.
  • •A 44% reduction in grade 3 or higher adverse events was observed in the INT230-6 cohort compared to the standard of care cohort.
Impact:
7/10
INTS
7 months ago
StocksBullishUpdated

Rivian Sets $45,000 Price for Entry-Level R2 SUV Slated for Late 2027

Key Facts

  • •Rivian will begin delivering its R2 SUV line this spring with a launch variant priced at $57,990.
  • •The company plans to roll out cheaper R2 options in 2027 to widen its customer base.
  • •The new model aims to compete directly with Tesla's best-selling Model Y.
Impact:
7/10
RIVNTSLA
7 months ago
StocksBullish

Grifols Rated 'BUY' as Net Profit Surges 150% Amid Successful Debt Reduction

Key Facts

  • •Grifols is rated 'BUY' with a €20/share price target and $23/share ADR target.
  • •The company delivered €450M in cost savings and 150%+ net profit growth.
  • •Leverage reduced to 4.2x with free cash flow (FCF) exceeding guidance.
Impact:
7/10
GRF.MCGRFS
7 months ago
StocksBearish

Gossamer Bio Shares Plunge After Phase 3 Trial Failure; Analysts Slash Price Targets

Key Facts

  • •The consensus price target for Gossamer Bio declined from $4.06 a year ago to $0.77 in the past month.
  • •The Phase 3 PROSERA trial for seralutinib failed to meet its primary endpoint, causing the stock to lose over 60% of its value.
  • •Institutional and insider ownership stands at 81.2%, which is viewed as a positive sign of confidence despite challenges.
Impact:
7/10
GOSS
7 months ago
StocksBullishUpdated

Strathcona Resources Receives TSX Approval for 5% Share Buyback Program

Key Facts

  • •Strathcona Resources reported its Q4 and full-year 2025 financial and operating results.
  • •The board announced a quarterly dividend and approved the commencement of a Normal Course Issuer Bid (NCIB).
  • •The company released its year-end 2025 reserves report.
Impact:
7/10
SCR.TO
7 months ago
StocksBullish

Intuitive Surgical Secures FDA Clearance for da Vinci 5 in Cardiac Surgery

Key Facts

  • •Intuitive Surgical (ISRG) received FDA clearance for its da Vinci 5 system to be used in cardiac surgery.
  • •The company targets market growth from approximately 17,000 procedures today to nearly 160,000 potential procedures in cleared markets.
Impact:
7/10
ISRG
7 months ago
StocksBearishUpdated×2

Honda Formalizes EV Restructuring Losses for Fiscal Year Ending March 2026

Key Facts

  • •Honda expects a loss between 420 billion yen and 690 billion yen ($2.6 billion to $4.3 billion) for the fiscal year ending March 2026.
  • •The projected loss stems from a reassessment of the company's electrification strategy.
Impact:
7/10
7267.THMC
7 months ago
StocksBearish

ProFrac Holding Corp. Reports Widening Net Loss and Declining Revenue for Full Year 2025

Key Facts

  • •Total revenue for 2025 decreased to $1.94 billion compared to $2.19 billion in 2024.
  • •Net loss widened to $356 million in 2025 compared to a net loss of $208 million in 2024.
  • •Adjusted EBITDA dropped to $310 million, representing 16% of revenue compared to 23% in 2024.
Impact:
7/10
ACDC
7 months ago
StocksBullish

Robin Energy Raises $13.9 Million via ATM Program at 138% Premium

Key Facts

  • •Robin Energy raised $13.9 million in gross proceeds through its at-the-market (ATM) program since the start of Q1 2026.
  • •The funds were raised at an average price of $4.31 per share, representing a 138% premium over the closing price on March 11, 2026.
  • •Robin Energy is an international ship-owning company providing energy transportation services globally.
Impact:
7/10
RBNE
7 months ago
StocksBullish

Vietnam Eyes Emerging Market Status: A Rare Opportunity for Institutional Inflows

Key Facts

  • •Vietnam is expected to be promoted from 'frontier' market to 'emerging' market status.
  • •The upgrade provides a rare opportunity for investors to front-run significant institutional capital inflows.
Impact:
7/10
VNMVN-Index
7 months ago
StocksBullish

Asiamet Shares Surge 10% After Chinese Approval for KSK Copper Project Sale

Key Facts

  • •China's State-owned Assets Supervision and Administration Commission (SASAC) cleared the sale of the KSK copper project in Indonesia.
  • •Asiamet shares surged 10% to 1.7p following the regulatory clearance.
  • •The deal was originally agreed in November 2025, and this approval removes a significant hurdle for its completion.
Impact:
7/10
ARS.LKMGLF0FK.F
7 months ago
StocksBullish

Eli Lilly's Growth Outlook Strengthens on Obesity Drug Pipeline and Market Expansion

Key Facts

  • •Eli Lilly is rated as a strong buy with a $1,623 price target.
  • •The Q2 launch of Orforglipron is expected to expand the company's market share.
  • •Expansion of Medicare and Medicaid eligibility will drive weight-loss drug sales.
Impact:
7/10
LLYXLVNVO
7 months ago
StocksBearish

Arbor Realty Trust Faces Potential Dividend Cut Amid Earnings Shortfall

Key Facts

  • •Arbor Realty Trust specializes in short-term bridge financing for multi-family real estate, with 94% of its $12.1B portfolio in bridge loans.
  • •The company's earnings and interest income declined in FY'25 due to lower SOFR rates and an increase in non-performing loans.
  • •Distributable earnings of $1.07/share fall short of the $1.20/share dividend, implying a likely dividend cut and a payout ratio above 100%.
Impact:
7/10
ABR
7 months ago
StocksBullish

Sable Offshore: Stalled Pipeline Gains Momentum Under Trump Administration

Key Facts

  • •A major 2015 oil spill off Santa Barbara led to the shutdown of Sable's Santa Ynez Unit and its associated pipeline system.
  • •California regulators imposed stringent new safety and environmental requirements following the incident.
  • •The project is now viewed as a potential beneficiary of Trump administration policies.
Impact:
7/10
SOC
7 months ago
StocksBullish

UBS Upgrades First Quantum Minerals to ‘Buy’ on Cobre Panama Restart Hopes

Key Facts

  • •UBS analysts upgraded First Quantum Minerals (TSX:FM) to ‘Buy’ from ‘Neutral.’
  • •The investment bank raised its 12-month price target to C$50 per share, up from C$38.
  • •The upgrade is based on improving risk-reward dynamics and the anticipated restart of the Cobre Panama copper mine.
Impact:
7/10
TSX:FM
7 months ago
StocksBullish

Generali Posts Record 2025 Profit and Unveils €500 Million Share Buyback Program

Key Facts

  • •Italy's Generali posted a record profit for 2025, driven by growth across all business segments.
  • •The company announced a new 500-million-euro ($577.1 million) share buyback program.
  • •The results highlight CEO Philippe Donnet's strategic focus on shareholder returns.
Impact:
7/10
GASI.MI
7 months ago
CryptoBearishUpdated×5

Update: BONK.fun Breach Highlights Structural Security Gaps in Decentralized Sites

Key Facts

  • •The BONK.fun team account was hacked and used to deploy a wallet drainer on the site.
  • •The incident exacerbates the declining market position of the BONK.fun platform.
  • •The hack highlights security vulnerabilities within decentralized platforms.
Impact:
7/10
BONKSOL
7 months ago
CryptoBullish

Across Protocol’s ACX Token Surges 80% on Transition from DAO to U.S. C-Corp

Key Facts

  • •ACX token price surged 80%, significantly outperforming bitcoin, following Across Protocol's announcement to abandon its DAO structure.
  • •The team plans to exchange ACX tokens for equity in a new U.S. C-corp or buy out holders at a 25% premium.
  • •The move is considered one of the first major reversals from a token/DAO structure to a traditional corporate structure.
Impact:
7/10
ACXBTC
7 months ago
CryptoBullishUpdated

Dogecoin Rebounds from Key Support as Analysts Eye New Record Targets

Key Facts

  • •Dogecoin (DOGE) price is currently testing a historical trendline reached only three times in its existence.
  • •The technical movements coincide with the approaching launch of the 'X Money' payment platform by X.
Impact:
7/10
DOGE/USDDOGE
7 months ago
CryptoBullishUpdated×2

Pump.fun Executes $323M Token Buyback as PUMP Struggles Below Launch Price

Key Facts

  • •Pump.fun reached $1 billion in cumulative revenue, becoming the first platform on the Solana network to achieve this milestone.
  • •Domain records revealed subdomains for Ethereum, Base, BSC, and Monad, indicating plans for cross-chain expansion.
Impact:
7/10
SOLETHBNB
7 months ago
CryptoBearish

US-Iran War Costs Hit $11 Billion, Half of Federal Bitcoin Reserve Value

Key Facts

  • •The United States spent an amount equal to nearly half the current market value of federal Bitcoin holdings during the first 6 days of conflict with Iran.
  • •The administration informed lawmakers that war costs reached at least $11 billion in the first week.
Impact:
7/10
BTCUSD
7 months ago
CryptoBullishUpdated×4

Pi Token Eyes $0.30 Resistance as it Outperforms Sideways Crypto Market

Key Facts

  • •Kraken announced plans to list the Pi Network native PI token on March 13.
  • •The listing comes two days before the community's annual Pi Day on March 14.
  • •Kraken exchange has more than 13 million active users.
Impact:
7/10
PI/USDPI/USDT
7 months ago
CryptoBearish

OP Labs Cuts 20% of Workforce Amid Rumors of Base L2 Exit from Superchain

Key Facts

  • •OP Labs, the developer behind Optimism, has laid off 20% of its workforce.
  • •CEO Jing Wang attributed the layoffs to fewer initiatives rather than financial distress.
  • •The move comes amid rumors of Base L2 exiting the Superchain ecosystem, which reportedly accounts for most of its revenue.
Impact:
7/10
OPETH
7 months ago
CryptoBullishUpdated

DTCC Pilots Near-Instant Repo Settlement Using The Graph Protocol

Key Facts

  • •DTCC piloted near-instant repo settlement (T+5 seconds) using blockchain rails.
  • •The Graph's (GRT) subgraphs were utilized to power the critical data layer for the experiment.
  • •The project, known as the 'Great Collateral Experiment,' aims to improve collateral management efficiency.
Impact:
7/10
GRT/USD
7 months ago
CommoditiesBullish

Lynas Signs Long-Term Rare Earths Supply Deal with Japan to Secure Supply Chain

Key Facts

  • •JARE (formed by Jogmec and Sojitz) committed to purchasing 5,000 tonnes of NdPr annually from Lynas.
Impact:
7/10
LYC.AXREMX
7 months ago
CommoditiesBullish

RWE Pivots to U.S. Gas Power with $19 Billion Investment Plan

Key Facts

  • •German utility giant RWE plans to invest $19 billion in the U.S. by 2031, focusing on gas-fired power generation.
  • •This shift follows the company's exit from U.S. offshore wind projects due to changing political priorities under the Trump Administration.
  • •The company is betting on flexible gas peaking capacity to meet soaring electricity demand and utilize cheap, abundant gas.
Impact:
7/10
Natural GasRWE.DEXLU
7 months ago