American Bitcoin Stock Plunges Despite Crypto Market Recovery
American Bitcoin shares tumble 37% on heavy trading volume despite Bitcoin's rebound, erasing billions in market value for the Trump-backed mining company.
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Goldman Sachs Upgrades Chime to Buy with Strong Upside Potential
Goldman Sachs upgrades Chime to Buy with a $27 price target, citing strong take-rate potential from the new Chime Card and revenue diversification strategy.
Robinhood Builds New Futures & Derivatives Exchange to Boost Prediction Markets
Robinhood is launching a new futures and derivatives exchange and clearinghouse—powered by a joint venture with Susquehanna and enhanced by the acquisition of MIAXdx—to expand and innovate its fast-growing Prediction Markets.
Coinbase Downgraded to Hold as Valuation Concerns Rise
Argus downgrades Coinbase to Hold, citing high valuation, slower expected growth, and rising expenses. Shares fall over 3% as the firm trims long-term earnings forecasts.
Fulton Financial to Acquire Blue Foundry in $243M All-Stock Deal
Fulton Financial will acquire Blue Foundry Bancorp in a $243M all-stock merger, offering a 47% premium and expanding Fulton’s presence in northern New Jersey. Deal expected to close in Q2 2026.
Green Dot Splits into Two Companies in $690M Deal
Green Dot announces separation of fintech and banking operations through deals with Smith Ventures and CommerceOne Financial, valued up to $1.1 billion.