Aster DEX has introduced five new perpetual markets settled entirely in USD1, a stablecoin by World Liberty Financial, backed by a $28 million liquidity fund. These markets cover tokenized stocks and commodities like gold and crude oil, marking a strategic shift from USDT to USD1 for real-world asset contracts. This move deepens the partnership with World Liberty Financial, leveraging USD1 for settlement and collateral, and integrates 250 million WLFI tokens into the liquidity fund. The initiative aims to expand USD1's utility beyond transfers and DeFi lending into trading infrastructure, potentially boosting liquidity and market activity on Aster's platform.
Advance Auto Parts saw its price target cut from $62 to $43 by Truist after reporting Q2 2026 results with a 0.5% sales decline and weaker-than-expected DIY segment sales. Although adjusted EPS beat estimates at $1.03, this was boosted by a $0.31 tar...
BMO Capital initiated an "Outperform" rating on D-Wave Quantum despite flat Q2 revenues and widening losses, signaling confidence in the company's growth potential. The firm's first-half bookings surged 1,120%, showing strong but volatile demand in q...
QNB Corp. has moved its stock listing from the OTC exchange to the Nasdaq Capital Market and completed a public offering raising approximately $48.3 million by selling 1.23 million shares, including an overallotment option. The funds will be used for...
OSI Systems reported Q4 earnings per share of $3.78, slightly above the $3.77 expected, but revenue fell short at $484.06 million due to geopolitical conflicts. Despite revenue challenges, the company achieved record operating cash flow and secured a...
Several major companies and leveraged ETFs faced significant losses due to market downturns linked to company-specific financing actions and the volatility of underlying stocks. Leveraged ETFs tied to Moderna's stock, such as the Daily Target 2X Long...
