NASDAQ:PUBM

Advertising·AI·NASDAQ:PUBM·News·Technology

PubMatic Shares Rise on Launch of AI Ad Tool Bringing Buyers to Auction

PubMatic shares rose 2.1% to $11.92 Monday after launching Decision Fabric, an AI tool allowing partners to use their own ad-decision models in automated auctions. First-quarter revenue fell to $62.6 million, with a net loss of $12.5 million. The company forecasts Q2 revenue of $68–$70 million. Ad-tech stocks traded higher, while small caps lagged.

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.