Author: Jordan

Gregg Williams, a director and 10% owner of Vivani Medical, Inc. (), purchased 1,587,301 shares of the company’s common stock on June 15, 2026. The transaction, executed at a price of $1.26 per share, totaled $1,999,999. The acquisition was part of a private sale transaction, as detailed in a Share Purchase Agreement dated August 11, 2025. The purchase price of $1.26 per share matched the last reported sale price of Vivani Medical’s common stock on the Nasdaq on August 10, 2025, the day immediately prior to the agreement date. The stock currently trades at $1.13, below Williams’ purchase price, reflecting…

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D.E. Shaw & Co. is reportedly preparing to close its Lithic fund to new money as early as next month, adding to a growing wave of hedge funds turning away fresh capital just as investor interest in the industry appears to be rising. The fund manages more than $5 billion and was launched in 2022, according to people familiar with the matter.Lithic gives investors exposure to systematic global single stocks, systematic global macro assets, and discretionary opportunistic strategies, while also offering tail-risk protection against rare and extreme market moves. D.E. Shaw, which manages more than $90 billion, declined to comment.The…

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Coinbase Global (COIN) is rolling out two new AI investing tools as financial apps and investing apps race to bring the technology to the masses. The major US crypto exchange said on Tuesday afternoon that it will begin offering what it describes as one of the world’s first AI-powered investment tools capable of giving SEC-registered investment recommendations around strategies such as tax-loss harvesting and multi-asset event trading. Coinbase has also opened its platform up to AI agents that can execute more nuanced and customizable trading strategies, such as autonomously purchasing specific data on behalf of customers to better inform trades…

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A suspended commodities trader from Michigan has pleaded guilty to his role in a $2.7 million fraud scheme and will be sentenced in federal court. Brian Mitchell, 43, of Ann Arbor, pleaded guilty on Friday to wire fraud, admitting that he defrauded multiple third-party investors, the U.S. Attorney’s Office for the Eastern District of Michigan said. The case involved the entities Young Pros Investment Group and My Nest Egg.  Mitchell acknowledged through his court plea that he caused false representations to be made regarding the security, profitability and use of investor funds, the district attorney’s office said. The scheme included, according…

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Anthropic, the AI research company behind Claude, will soon join a crowded race to market alongside SpaceX, which began trading on June 12, and OpenAI, which hasn’t announced its market opening date. Anthropic confidentially filed with the Securities and Exchange Commission one week before OpenAI, but the race is on to be the first to come to market. “The proposed initial public offering will depend on market conditions and other factors,” the company said in a statement. With the latest private funding round of $65 billion, valuing the company at $965 billion, Anthropic is widely expected to achieve an IPO…

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Two investors can own the same amount of gold and walk away with very different after-tax returns. Imagine two retirees who have invested the same amount in gold. One bought a gold ETF, while the other chose a self-directed Gold IRA. Even though both are betting on the same precious metal, the IRS may not treat them the same way when it’s time to cash out. Must Read “A gold ETF and a Gold IRA get taxed at completely different layers” Geoff Schmidt (1), a CPA and founder of Holy Schmidt (2), told Moneywise. “Same asset, two entirely different rulebooks.”…

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Edited by ad hoc news New Releases & Launches Desk. Reviewed before publication on 06/16/2026 at 5:31 AM ET. Details in the imprint. Regional Management’s flagship Personal Loans are back in the spotlight as the Greenville-based lender leans on fixed-rate installment credit for everyday US borrowers. The company positions these unsecured and secured loans as a middle ground between high-rate credit cards and payday products, with typical amounts starting around $2,500 and repayment terms that can stretch to roughly 2 to 5 years. The official product page highlights fixed payments and no prepayment penalties. How RM’s Personal Loans are structured…

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Home Secretary Yvette Cooper. Photo Lucy North/PA Wire Abbie Llewelyn, Press Association Political Staff The UK Government has been accused of failing to stop the marketing of illegal West Bank properties at an event in London on Sunday. Foreign Secretary Yvette Cooper was urged last week to ban the Great Israeli Real Estate Event, with MPs warning illegal settlements are being advertised alongside properties in Israeli cities. Ms Cooper told MPs on Tuesday the issue has been raised with the Advertising Standards Agency (ASA), which was asked to “urgently look into this”. The Foreign Secretary criticised “settler terrorism” in the…

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Key PointsThe optical networking market is poised for exponential growth due to booming demand from AI data centers.Lumentum, Ciena, and Coherent are witnessing phenomenal earnings growth driven by a significant increase in optical component prices.The supply shortage in optical networking should help these companies sustain the phenomenal earnings growth they are witnessing.Artificial intelligence (AI) has created a terrific demand for several hardware components used in data centers to help train AI models and run inference applications. The demand for some of these components, such as memory chips, has exceeded supply, thereby creating a significant shortage that’s expected to last for…

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