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Ashtead Technology cuts 2026 revenue and profit forecasts due to project delays in Middle East, Europe, and Americas.

Market News
20 Aug 2026
Proactive Investors
View Source
Bearish
pluang ai news

Ashtead Technology has lowered its 2026 revenue and profit expectations after delays in projects across the Middle East, Europe, and the Americas disrupted its second-half trading. The company now expects full-year revenue to be about 5% below market consensus and adjusted EBITA around 15% below consensus. Delays are attributed to ongoing conflict in the Middle East, economic uncertainty, and vessel scheduling changes. Despite the weaker near-term outlook, Ashtead maintains a strong balance sheet and remains confident in its long-term growth strategy supported by customer backlog and focus on energy security.

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Injective gains SEC transfer agent status, boosting INJ token 9% to $4.40 with blockchain securities approval.

Injective gains SEC transfer agent status, boosting INJ token 9% to $4.40 with blockchain securities approval.

Injective Institutional Services has received official transfer agent registration from the U.S. Securities and Exchange Commission, allowing it to maintain securities ownership records directly on blockchain networks. This regulatory milestone enabl...

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Mila Resources spots promising copper-gold drill targets in Queensland's Monal project.

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Solana ETFs see $1.58M inflows; SOL nears $100 resistance, signaling potential bullish breakout.

Solana ETFs see $1.58M inflows; SOL nears $100 resistance, signaling potential bullish breakout.

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Ethereum staking faces a 39-day queue delay before rewards start due to protocol limits.

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As of 17 August 2026, over 2.2 million ETH are stuck in Ethereum's staking deposit queue, causing a wait time of roughly 39 days before new validators begin earning rewards. This delay is due to a protocol cap limiting new activations to 256 ETH ever...

Protocol Fundamentals
Neutral
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Injective gains SEC transfer agent status, boosting tokenized securities infrastructure and lifting INJ by 8%.

Injective gains SEC transfer agent status, boosting tokenized securities infrastructure and lifting INJ by 8%.

Injective's affiliate, Injective Institutional Services, has become a U.S. SEC-registered transfer agent, enabling it to maintain official securities ownership records and process ownership changes on its Layer 1 blockchain network. This registration...

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