TCGX Acquisition prices $75M IPO at $10 each Source link
Glencore Non-GAAP EPS of $0.31, revenue of $174.43B; reaffirms FY 2026 production outlook
Glencore press release (GLCNF): 1H Non-GAAP EPS of $0.31. Revenue of $174.43B (+48.6% Y/Y). Industrial Adjusted EBITDA of $6.5 billion, up 72%, primarily reflecting higher commodity prices. Marketing Adjusted EBIT of $3.3 billion, up 142%, a near record H1 result, owing to the materially Source link
New Ethereum proposal would cut issuance to zero if staked ETH reaches $112 billion
Validators would still be paid the same way for doing the same work, and they keep all the transaction fees and tips they earn from building blocks. Only the newly created ETH gets burned. The deduction from validator rewards arrives slowly, phasing in over 18 months, with about six months…
Gilead Sciences in charts: Q2 base sales jump 10% on HIV, oncology growth despite Veklury drop
Gilead Sciences in charts: Q2 base sales jump 10% on HIV, oncology growth despite Veklury drop Source link
Bitcoin is 49% below its record while the S&P 500 hits all-time highs
SK Hynix rose 6.4% after the Seoul open and Nvidia added over 2% after hours, though AMD dropped 9% on a soft sales outlook and SpaceX fell 7.5% on higher projected AI spending. Brent crude fell 1.1% to about $78.50 a barrel after Axios reported Washington, Tehran and Oman were…
Upstart reiterates 2026 revenue of ~$1.4B as it aims to launch Upstart Bank in early 2027 (NASDAQ:UPST)
Management reiterated full-year targets of approximately $1.4 billion in revenue and $294 million in adjusted EBITDA, with contribution margin improvements and fixed expense discipline. Upstart received OCC conditional bank charter approval, targets bank launch for early 2027, and aims for operational/regulatory efficiencies, but will continue funding loans primarily with third-party…
Mattel reiterates 2026 adjusted EPS $1.27-$1.39 while targeting UNO Wild global launch in early 2027 (NASDAQ:MAT)
Earnings Call Insights: Mattel (MAT) Q2 2026 Management view “We continue to execute our strategy to grow our IP-driven play and family entertainment business” and reported “strong growth in net sales of 10% as reported” with growth “driven by both owned and partner IP and Seeking Alpha’s Disclaimer: This article…
At $3trn, should Amazon be on my list of stocks to buy in August?
Analysts seem to think Amazon (NASDAQ: AMZN) should be on a lot of people’s lists of stocks to buy this month. The company’s latest update sent the stock higher and past the $3trn mark. The results were very strong, there’s no doubt about that. But in the world of long-term…
Up 1,257%, is it too late to consider Rolls-Royce shares?
Image source: Rolls-Royce plc The past few years have been simply phenomenal for shareholders in Rolls-Royce (LSE: RR). Over the past five years, Rolls-Royce shares have surged by 1,257%. For a long-established industrial company, that is a simply spectacular performance. Should you buy Rolls-Royce Plc shares today? Before you decide,…
HSBC shares soar 295% in 5 years. If SpaceX stock did that we’d go bananas!
HSBC (LSE: HSBA) shares are a phenomenon. They’re up 75% in the last 12 months, and a stunning 295% over five years. The Asia-focused FTSE 100 bank has served up dividends throughout, boosting the total return. The forecast yield today is 4.2%. That’s the type of return investors expect from…