Five years after El Salvador legalized Bitcoin, cryptocurrency remittances still account for only 0.7% of the country's $5 billion remittance market. In the first half of 2026, crypto remittances reached $35.4 million, up 39.1% from the previous year but still overshadowed by traditional channels like banks and remittance firms, which handle over 84% of the volume. The government-backed Chivo wallet, once promoted to boost crypto adoption and save $400 million in fees, is now winding down under an IMF deal. This shows that despite initial hopes, digital currencies have yet to significantly disrupt remittance flows in El Salvador.
The Invesco MSCI EAFE Income Advantage ETF (EFAA) delivers an 8% yield by combining international equities with equity-linked notes, maintaining a lower expense ratio than its peers. It outperforms its benchmark MSCI EAFE ETF (EFA) on risk-adjusted r...
Bitcoin held by treasury companies reached $109 billion, its highest since June, reflecting recent price recovery. Metaplanet transferred 3,000 BTC worth $237 million to Coinbase Prime, raising questions about a potential sale, though its holdings re...
Harmony Gold reported a record fiscal year 2026 with earnings up 87% to $1.61 billion, driven mainly by a 35% rise in gold prices. Despite a 3% drop in gold production and rising costs, the company generated strong cash flow and returned significant ...
Nvidia is shifting the AI narrative from just GPUs to a broader system advantage, introducing its Vera Rubin architecture that integrates specialized CPUs and accelerators to optimize data flow and efficiency in large-scale AI data centers. This appr...
ServiceNow's stock is recovering from 2026 losses, driven by its effective AI go-to-market strategy and land-and-expand approach. The company is integrating AI in a model-agnostic way and enhancing cybersecurity partnerships, which boosts AI monetiza...
