American Bitcoin Corp, backed by Hut 8, posted a $57.2 million net loss in Q2 2026, marking its third consecutive quarterly loss amid a 22% drop in Bitcoin prices. The company’s losses stem largely from $188 million in fair value declines on its Bitcoin holdings, despite increased revenue and mining output. Holding over 8,000 Bitcoin reserves, the firm’s strategy amplifies both potential gains and losses under fair-value accounting rules. Continued Bitcoin price declines could turn these non-cash losses into operational challenges for the miner.
Pred, a peer-to-peer sports prediction exchange, has added major football leagues such as La Liga, Champions League, Europa League, and MLS to its platform alongside existing markets like the English Premier League, Formula 1, and Tennis. This expans...
State Street Global Advisors and its affiliates have increased their holdings in DCC plc to 1,100,095 ordinary shares, representing 1.2878% of the company as of July 31, 2026. The transactions included multiple purchases and a sale of shares at a pri...
The global angle seat valve market is projected to grow from $0.38 billion in 2026 to $0.53 billion by 2032, at a CAGR of 5.9%. Growth is fueled by rising industrial automation in sectors like food & beverages, pharmaceuticals, chemicals, and water t...
ADTRAN Holdings reported preliminary Q2 2026 revenue between $280 million and $282 million, below its prior guidance of $283 million to $303 million, causing a 15% drop in its stock price. The company cited a delay in a key customer project as the re...
Hennessey Special Vehicles has revealed the Blackbird, a new naturally aspirated, manual-transmission hypercar inspired by the Lockheed SR-71 Blackbird aircraft. The car features an all-new 6.2-liter V8 engine producing 800-850 hp, a six-speed gated ...
