NASDAQ:CODA

Earnings Reports·Investing·NASDAQ:CODA·News·Stock Market

Coda Octopus Stock on Watch Ahead of Earnings

Coda Octopus shares rose 3.3% to $12.96 Monday afternoon, outperforming small-cap indexes ahead of its June 15 earnings call. Volume reached 137,601, with market cap near $146 million. The company last reported Q1 revenue up 28.8% to $6.7 million, with Marine Technology sales jumping 47.4%. Broader markets were mixed, with the Russell 2000 ETF down 0.8%.

June 1, 2026

Wise Faces Investigation Over Alleged Money Laundering Controls in Europe
June 1, 2026, 1:50 PM EDT. UK-based money transfer company Wise is under investigation by Belgian prosecutors over alleged money laundering control failures in its European operations, not its UK business. The probe focuses on suspicions that Wise accounts facilitated around €500 million in suspicious transactions across 30 European countries. Wise, which recently shifted its primary stock listing to the US Nasdaq, stated it is cooperating fully but has not received any formal findings yet. Shares plunged 17.5%, wiping more than £1 billion off its market value. The investigation could affect customer trust and lead to regulatory penalties if oversight lapses are confirmed. Founded in 2011, Wise serves over 19 million customers globally with 4.7 million daily transactions.