Group 1 - AGM Group Holdings Inc. (AGMH) experienced a significant after-hours trading surge of 158.74%, rising to $5.77 from a closing price of $2.23 on Thursday, following the filing of Form 6-K with the SEC [1][5] - The filing disclosed the completion of the sale of AGM's Hong Kong subsidiary, Nanjing Lucun Semiconductor Co. Ltd., to Hong Kong Giant Electronics Co., Limited for $57.45 million on May 7, with Nanjing Lucun primarily engaged in manufacturing advanced hardware and computing equipment [2] - Investors perceive the asset sale as transformational, providing cash proceeds exceeding 13 times AGM's current market capitalization, with unaudited pro forma financial statements indicating continuing operations generated $3.41 million in net income for 2024, alongside revenues of $32.04 million [3] Group 2 - The sale represents a significant transaction for AGM, which has a market value of $4.29 million and a price-to-earnings ratio of 0.32, with the stock showing high volatility, fluctuating between $1.09 and $108.48 over the past year [4] - AGM's stock has seen a dramatic decline of 97.05% for 2025, with a year-to-date peak of $75.50 on December 31, and a closing price of $2.23 yesterday, marking a 97.03% decline from the peak [4] - During regular trading hours, AGMH closed down 5.91% before the after-hours reversal, indicating short-term upward movement according to Benzinga's Edge Stock Rankings [5]

Core Viewpoint - Berger Montague PC is investigating potential securities fraud claims against Fiserv, Inc. following a class action lawsuit filed on behalf of investors who acquired Fiserv securities between July 24, 2024, and July 22, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit alleges that Fiserv and certain executives overstated the Company's growth by failing to disclose that its new payment platform, Clover, was experiencing increased revenue growth and gross payment volumes due to the forced transition of merchants from its legacy Payeezy platform [3]. - Investors became aware of the true financial situation of Fiserv after a series of disclosures, culminating on July 23, 2025, when the Company lowered its 2025 organic growth projections and confirmed decelerated growth in its Merchant segment [4]. Group 2: Investor Information - Investors who purchased or acquired Fiserv securities during the Class Period have until September 22, 2025, to seek appointment as a lead plaintiff representative of the class [2].

Company Overview - FinVolution Group is a China-based financial technology company that provides lending and financial services primarily targeting younger generations and small businesses [1] - The company operates a digital lending marketplace along with related products [1] Market Focus - The primary focus of FinVolution Group is on consumers, especially younger demographics, and small business entities [1]

We recently published 10 Big Names Investors Are Dumping. Figure Technology Solutions, Inc. (NASDAQ:FIGR) is one of the worst performers on Wednesday. Figure Technology snapped a three-day winning streak on Wednesday, losing 8.18 percent to close at $37.17 apiece as investors resorted to profit-taking following the previous days’ gains. At intra-day trading, Figure Technology Solutions, Inc. (NASDAQ:FIGR) hit a new all-time high of $43.8 before profit-taking persisted to pull the company’s share price do ...

Core Insights - REalloys Inc. has signed a Memorandum of Understanding (MOU) with St George Mining Limited to collaborate on the commercialization of rare earth minerals from the Araxá Project in Brazil, reinforcing its position in the U.S. rare earth supply chain [1][2][4] - The alliance includes a long-term offtake agreement that secures REalloys access to up to 40% of Araxá's rare earth production, enhancing its role in the U.S. defense and industrial magnet materials supply chain [2][4] - The Araxá Project is noted for being the largest and highest-grade carbonatite-hosted rare earths deposit in South America, with a resource of 40.6 million tons at 4.13% Total Rare Earth Oxides (TREO) [6] Company Overview - REalloys operates a downstream magnet material and critical metals manufacturing facility in Euclid, Ohio, and owns the Hoidas Lake Rare Earth Elements Project in Saskatchewan, Canada, which has a significant mineral resource estimate of 2,153,000 tons of Total Rare Earth Oxides [5] - The Hoidas Lake deposit includes both Heavy Rare Earth Elements (HREEs) and Light Rare Earth Elements (LREEs), positioning REalloys to meet the growing demand for high-performance magnet materials in the U.S. [5][7] - The company is expanding its Ohio facility's production capacity while de-risking and advancing its HLREE Project to meet U.S. Protected Markets' demand [7] Strategic Importance - The alliance with St George Mining is seen as a pivotal moment for REalloys as the U.S. government intensifies efforts to secure non-China rare earth supply chains, positioning REalloys as a critical contributor to national defense and energy security [4][6] - REalloys has existing contracts with the Defense Logistics Agency and other federal agencies to develop and manufacture high-purity rare earth metals and magnets for defense and commercial applications [6] - The collaboration aims to optimize processing flowsheets to deliver products tailored for U.S. protected markets, leveraging REalloys' advanced metallization and alloying technologies [6]

The crypto industry taking on big banks as lawmakers in Washington debate the future of digital currency regulation. Emily Wilkins joins us now with more on that. Hi Emily.Hey Mike. Well yeah, a battle between the banks and crypto is heating up over a wide-ranging bill on how to regulate crypto. Now the tensions brought senior executives from both industries to DC this week, including Coinbase CEO Brian Armstrong.payments and stable coins, new types of investments and asset classes, capital formation, credi ...

Core Insights - The Matthew effect of large models is becoming increasingly significant, leading to a concentration of general large models in the market, which will promote trends of algorithmic and computational power equality [1] - Financial institutions' core competitiveness will shift towards "data" as the ability to "collect, utilize, and compute data" becomes crucial for investment decision-making and market analysis [1] Group 1 - Institutions should focus on acquiring scarce data that is not covered by general large models [1] - There is a need for deep exploration and efficient utilization of internal data, especially for institutions with similar scales and homogeneous business models, as this will become a decisive factor in competition [1]

Core Viewpoint - The current domestic engineering models, particularly in core technologies like graph computing, are at a globally leading level, but many excellent results remain in the laboratory stage. The breakthrough for future financial AI development lies in "scenario-based applications" [1] Group 1: Scenario-Based Applications - To promote scenario-based applications, it is suggested to leverage capital markets and equity investment mechanisms to establish effective channels for transforming scientific research achievements into enterprises [1] - There is a need to connect scientific research capabilities, industry demands, and capital through a collaborative chain, clarifying the roles and functions of each party involved [1] - The goal is to facilitate the transition of high-quality research results from laboratories to practical applications within the industry [1]

Core Insights - KOSCOM has applied for five trademarks related to stablecoins, indicating a proactive approach to the upcoming KRW stablecoin market launch in South Korea [1][5] - The company has reorganized its digital assets departments and established a task force to promote digital asset business, focusing on stablecoin technology [4][2] Group 1: KOSCOM's Initiatives - KOSCOM has registered trademarks for KSDC, KRW24, KRW365, KOSWON, and KORWON brands to prepare for the stablecoin market [1] - The firm has launched a "Digital Asset Business Promotion Task Force" that reports directly to the CEO, emphasizing the importance of stablecoins in payment processes [4][2] - KOSCOM aims to enhance payment convenience and stability through the use of KRW stablecoins in subscription and distribution processes [4] Group 2: Market Context - Major South Korean companies, particularly banks, are actively pursuing stablecoin plans, with discussions ongoing between banks and stablecoin issuers like Tether and Circle [5] - Experts anticipate new crypto regulations from the South Korean government, which may include rules for won-denominated stablecoins [3]

Core Insights - The financial services industry is experiencing significant changes, particularly in wealth management, driven by advancements in AI and strategic partnerships [4][5][7] - FMG is focusing on leveraging AI technology to enhance the efficiency of financial advisors and improve client engagement through innovative tools [6][9][10] Group 1: AI Integration and Product Development - FMG is developing AI-enabled products to assist advisors, including tools like Overwatch, Sidekick, and Muse, aimed at improving operational efficiency and client acquisition [9][10] - The company is exploring partnerships to implement AI solutions, such as a chatbot for advisors' websites, which would enhance client interaction and compliance [10][11][13] - FMG is also testing generative AI for code conversion to modernize its technology stack, which could lead to cost savings and improved functionality [14][15] Group 2: Strategic Growth and M&A Plans - FMG has a vision for continued mergers and acquisitions to streamline the advisor's process and integrate various specialized services [19][21] - The company is interested in acquiring firms that enhance lead generation, CRM, and client reporting capabilities, aiming for a more cohesive service offering [21][22] - There is potential for FMG to go public in the future, although this decision will depend on the company's growth trajectory and market conditions [23] Group 3: Market Context and Future Outlook - The financial technology sector has seen fluctuations, with a notable decline in valuations post-2021, leading to strategic M&A opportunities for companies like FMG [30] - The current environment presents a chance for FMG to acquire technologies from smaller firms at reasonable prices, enhancing its service offerings and market position [30]