Alkami Technology, a Texas-based digital banking software provider, has put itself up for sale following interest from potential buyers and pressure from activist investor Jana Partners, which holds a 5.1% stake. The company, valued at around $2 billion, has seen its shares drop 15% over the past year due to concerns about slowing growth and a tougher environment for FinTech firms. Alkami's advisors are engaging with private equity groups to explore a sale, signaling a strategic shift. This move comes as digital banking customers increasingly prefer mobile wallets, highlighting evolving payment trends in the industry.
Ondas Holdings is valued similarly to established defense contractor AeroVironment despite much lower revenue and ongoing losses. AeroVironment reported $480.5 million revenue in Q1 2027 with strong backlog and profitability, while Ondas posted $83.8...
Bitmine now holds 6,016,414 ETH, about 4.9% of the total supply, and is 99% toward its goal of owning 5% of all Ethereum. It has staked over 5 million ETH, generating projected annual staking revenue of $363 million. Meanwhile, Strategy purchased 334...
AGCO Corporation has restructured its executive leadership, appointing Stefan Caspari as Senior Vice President and General Manager of Fendt/Valtra and Product Management. Caspari will also continue leading AGCO's North American agriculture business, ...
Panmure Liberum defends Plus500 after a sector sell-off triggered by IG Group's warning, maintaining a 'buy' rating and a 5,400p target. Plus500 confirmed trading in line with expectations for 2026 and holds a strong cash position, unlike IG whose re...
Gunnison Copper Corp has received pre-clearance to list on the NYSE American under the ticker "GUNN," allowing broader access for US investors. The company plans a Level II ADR program, with each ADR representing 35 common shares, expected to start t...
