Financial News

Canada to host Investment Summit in Toronto in September, Carney says

Gathering is intended to draw some of the world’s largest investors as Canada aims to boost foreign investment

Wealth Management’s SaaSpocalypse: McKinsey Sounds Alarm as AI Triggers $100 Billion Selloff and Redefines Advisory Moats

McKinsey warns wealth management faces its own SaaSpocalypse after Altruist's AI tool sparked a $100 billion stock rout, commoditizing tasks but sparing human advisors in core segments amid broader SaaS turmoil.

Zen Technologies shares rose 7% in Friday's trade; here's why

Zen Technologies shares closed 6.68% higher Rs 1627.70 against the previous close of Rs 1525.75. Market cap of the firm stood at Rs 14,576 crore.

Silver plunges Rs 5,700, gold falls Rs 1,600 in Delhi

They want to represent S.F. in Congress. Here’s how they’d tackle AI, crypto and tech.

This is part of a series of interviews with front-runners in the race to replace Nancy Pelosi as the representative for California’s 11th congressional district. Read about the candidates’ foreign-policy [...] They want to represent S.F. in Congress. Here’s how they’d tackle AI, crypto and tech.

Beyond the memes: Understanding the unique roles of gold and Bitcoin

The crypto crowd spent years positioning Bitcoin as the ultimate hedge against a falling dollar. Did it pay off?

Xavvi Previews its 'Creator-Owned' AI Social-Commerce Platform: Where Fans Earn with Engagement, and Creators Own Their Own Digital Destiny

LOS ANGELES, April 17, 2026 /PRNewswire/ -- Saturday, April 18th '26, Beverly Center Token Launch Event. Xavvi is a first-of-its-kind social commerce platform that gives content creators full control, AI avatars, a personal token-based ecosystem, and ownership of their own data. On...

From a Booking.com Breach to YouTube Phishing: The Internet's Security Problem Just Got Worse This Week

From stolen booking data to credential-harvesting scams, recent incidents show how quickly attackers are evolving while defenses struggle to keep up.

zSpace Announces 1-for-25 Reverse Stock Split

SAN JOSE, Calif., April 17, 2026 (GLOBE NEWSWIRE) -- zSpace, Inc. (NASDAQ: ZSPC) (“zSpace” or the “Company”), a leading provider of augmented and virtual reality (AR/VR) solutions for education and workforce development, intends to implement a 1-for-25 reverse stock split of its common stock, par value $0.00001 per share (the “Common Stock”) with trading to begin on a split-adjusted basis at the market open April 21, 2026. Trading in the common stock will continue on The Nasdaq Capital Market under the symbol “ZSPC”. The reverse stock split is intended to increase the per-share trading price of the Common Stock to enable the Company to regain compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. The new CUSIP number for the Common Stock following the reverse stock split will be 98980W206.

Doman Building Materials Group Ltd. to Issue First Quarter 2026 Financial Results May 8, 2026

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Lyra Therapeutics, Inc. Announces Intention to Voluntarily File Form 25 for Delisting from Nasdaq and Subsequent Deregistration with the SEC

WATERTOWN, Mass., April 17, 2026 (GLOBE NEWSWIRE) -- Lyra Therapeutics, Inc. (the "Company") today announced its intention to voluntarily file a Form 25 Notification of Delisting with the U.S. Securities and Exchange Commission (the "SEC") on Monday, April 20, 2026, to remove its common stock from listing and registration on The Nasdaq Stock Market LLC ("Nasdaq"). As previously disclosed, trading in the Company's common stock was suspended by Nasdaq on March 17, 2026. Although Nasdaq has indicated it intends to file its own Form 25 after all internal procedural periods have run, it has not yet done so. The Company is therefore voluntarily filing Form 25 in order to proceed with deregistration. The Company's common stock is currently quoted on ... Full story available on Benzinga.com

Western Asset Inflation-Linked Income Fund (NYSE: WIA) (the “Fund”) Announces Portfolio Management Team Update

Effective May 1, 2026, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows: