hapabapa/iStock Editorial via Getty Images Amazon (AMZN) is facing a proposed consumer class action in the United States over allegations that it misrepresented the environmental credentials of seafood sold through its online marketplace, according to a lawsuit filed in federal court in Seattle. The lawsuit, filed Source link
Tether clears $1.5 billion in profit as its safety cushion shrinks by half
Tether reported $1.5 billion in net operating profit for the second quarter of 2026, driven by returns from its U.S. Treasury and repurchase agreement holdings. The issuer of USDT, the world’s largest stablecoin, reported holding $187.75 billion in assets against $183.64 billion in liabilities as of June 30, leaving it…
Gates signals 23.5%+ adjusted EBITDA margin in H2 2026 as it raises full-year EPS to $1.62-$1.70 (NYSE:GTES)
Earnings Call Insights: Gates Industrial Corporation Ltd. (GTES) Q2 2026 Management View “In the second quarter, we delivered strong performance as sales came in near the high end of our guidance… Sales grew approximately 7% with core revenue growth of 4.9%, which enabled us Seeking Alpha’s Disclaimer: This article was…
The good and the bad of perps, according to crypto traders
Talk about crypto trading with any savvy trader, and the first thing that comes up these days is perpetual futures, or “perps” — derivatives contracts that allow traders to control a much larger position than the money held in the account. Perps work like standard futures, but with one key…
Oil Leads & Gold Lags: Commodities deliver one of the strongest years in a decade
Jul 31, 2026, 1:46 PM ETCrude Oil Futures (CL1:COM), XAUUSD:CUR, GLD, USO, GDX, IAU, UCO, DBO, BAR, NUGT, GDXJ, SGOL, Gold Stock, RING, SGDM, OUNZ, SGDJ, OILK, AUAU, USL, DUSTBy: Jason Capul, SA News Editor Maximusnd Commodities are delivering one of their strongest starts in years. Through the first 143…
Essex Property Trust upgraded to Buy-equivalent at Citizens after Q2 earnings announcement (ESS:NYSE)
elxeneize/iStock via Getty Images Essex Property Trust (ESS) was raised to Market Outperform at Citizens on expected outperformance of the multi-family residential REIT’s Northern California portfolio. The price target was set at $330.00. Shares were 1.17% higher at $285.16 during noon trading on Friday. Source link
Quantum computing nears commercial breakthrough, IBM CEO says
Unlike AI, which has driven a surge in demand for graphics processors to train and run large language models, quantum computing targets a different class of challenges. Researchers say the technology could accelerate molecular simulations, optimize complex logistics networks, advance materials science and improve cryptography. Krishna said IBM has already…
Shift Leverage to Strategic Value
By Jeff Altman, The Big Game Hunter If you are an experienced professional over 45, you already know the job market is biased toward younger, cheaper talent. You submit your resume and watch it vanish into a black hole. When you do get an interview, you get polite smiles, nod-and-smile…
STS Digital CEO sees three major headwinds for crypto markets
Much of the adoption, however, benefits established financial institutions rather than token holders, Seiler said. As traditional finance integrates blockchain tech into existing workflows, less value accrues directly to crypto assets than investors expected several years ago. Founded in 2021, STS Digital is a Bermuda-regulated crypto options market maker that…
General Motors developing in-house vehicle AI assistant – report (GM:NYSE)
Bill Pugliano/Getty Images News General Motors (GM) plans to replace Google’s (GOOG) (GOOGL) Gemini AI assistant in its vehicles with its own system that is more appropriate and more fully integrated for its vehicles and its owners. According to CNBC, the GM AI assistant is Source link