Astec Industries reported a 23.6% increase in net sales to $408.1 million for Q2 2026, driven by strong demand in Materials Solutions and steady Infrastructure Solutions sales. Net income fell to $10.5 million, partly due to macroeconomic factors delaying asphalt plant shipments, prompting a revised full-year adjusted EBITDA guidance down to $160-$175 million from $170-$190 million. The company's backlog grew 57.9% to $601.1 million, reflecting robust order activity, especially in Materials Solutions. Astec maintains strong liquidity with $265.8 million available and continues to invest in capital expenditures and dividends.
Bitcoin's price surged past $84,000 on September 21, closing above its 50-week moving average for the first time in 45 weeks, a key technical milestone that suggests the bear market may be over. Analysts like Alex Thorn and Ted Pillows highlight that...
TRX is trading in a critical pullback zone between $0.3389 and $0.3393, with upside targets at $0.3469, $0.3535, and $0.3611. Derivatives volume and open interest have risen, indicating increased trader activity. Tron Inc. has added 147,132 TRX to it...
VanEck's Bitcoin ChainCheck report highlights Metaplanet's executive option pool at 14.7% of fully diluted shares, far above peers, raising dilution concerns for shareholders. Officer exposure is 8.2%, nearly ten times the average among major Bitcoin...
Cardano's delegated representatives voted down a $12.29 million funding request for Input Output's Pogun project, designed to integrate Bitcoin into decentralized finance. Although the Constitutional Committee unanimously approved the proposal, the D...
Broadcom has declared its next quarterly dividend of $0.65 per share, payable on September 30, 2026, unchanged from the previous quarter. This marks the company's 16th consecutive year of dividend increases, highlighting its commitment to long-term d...
