Backblaze's B2 Cloud Storage segment grew 34% year-over-year in Q2 2026, now making up 62% of the company's revenue. Demand is fueled by AI model training and robotics, which require cost-effective storage solutions. A significant $313 million contract with CoreWeave, spanning five years, is expected to ramp up by mid-2027, adding substantial revenue. Analysts believe Wall Street is underestimating Backblaze's 2027 revenue potential, making the recent stock pullback an attractive buying opportunity.
Since 2022, the amount of credit card debt that is 90 days overdue has almost doubled, indicating growing financial stress among borrowers. However, the rate of new delinquencies has not increased, suggesting that while existing overdue balances are ...
WEX highlights that the rise of embedded payments, instant payment rails, and AI is transforming payments from a simple expense to a key driver of business growth and product strategy. However, faster payments increase fraud risk and reduce time for ...
ACL Construction has secured a $1.1 million contract to build a permanent access road to Old Fort, British Columbia, following a recent landslide that isolated the community. This project follows ACL's earlier emergency temporary access work and aims...
Credo has been upgraded to a Hold rating ahead of its fiscal Q1 earnings report, with a more attractive valuation at 36 times forward earnings. The company expects Q1 revenue between $465 million and $475 million, implying a strong 110% year-over-yea...
Mastercard will sponsor the XRP Ledger Hackathon on October 24-25, focusing on payment projects using the XRP Ledger network, just before Ripple Swell 2026. This sponsorship highlights Mastercard's expanding involvement in crypto, including partnersh...
