88 Energy Ltd's Namibia joint venture has applied to enter the next two-year exploration phase for PEL 93, including at least one exploration well. This move follows new geophysical data confirming Prospect 9 as a prime drilling target. Nearby successful hydrocarbon flows from ReconAfrica’s Kavango West 1X well support the presence of a working petroleum system, reducing exploration risk. The joint venture plans to focus activities on key prospects with a proposed $10 million budget over the renewal period, pending Namibian government approval.
The Roundhill Memory ETF (DRAM) has been upgraded to a Buy rating following a strong market bottom in July and recent dip buying activity. DRAM provides focused exposure to major memory and storage companies like Samsung and SK Hynix, benefiting from...
Ribbon Communications reported a 60% year-to-date increase in its optical networking backlog, indicating strong future demand despite short-term delays in Verizon's capital expenditures. The company also advanced its voice AI capabilities through a p...
Bitcoin surged about 26% in August, briefly surpassing $81,000, driven by institutional demand and ETF inflows. However, it stalled just below $80,000 in early September after Federal Reserve signals of potential rate hikes dampened momentum. Michael...
Binance announced it will adjust collateral ratios for 11 assets, including Zcash (ZEC), effective September 4, 2026. Collateral ratios determine how much an asset's value counts toward margin or loan collateral, so changes can affect borrowing power...
Solana (SOL) has broken out of a months-long accumulation range and a year-long downtrend, pushing its price above $100 and signaling a potential market reversal. The critical test now is whether the $83-$85 zone can hold as support during the next p...
