Singapore-based Bitcoin miner BitFuFu increased its Bitcoin production by 55.4% to 174 BTC in August 2026, up from 112 BTC in July. This growth was driven by gains in both self-mining (88 BTC) and cloud mining (86 BTC), with total hashrate under management rising 45.1% to 20.6 EH/s. The company also improved energy efficiency and expanded power capacity, adding 59 BTC to its treasury, now totaling about 1,373 BTC valued at roughly $109 million. This performance highlights BitFuFu's strong position in the competitive mining landscape post-2024 halving, emphasizing efficiency and strategic Bitcoin retention.
Kroger reported mixed Q2 earnings with adjusted EPS of $1.09 beating estimates, but revenues slightly below expectations at $34.62 billion. Despite slower sales growth, Kroger maintained its full-year adjusted EPS guidance of $5.10 to $5.30, supporte...
Enbridge Inc. is expanding its crude oil infrastructure by acquiring Tallgrass Energy's crude oil business for $2.55 billion. This move strengthens its presence in key U.S. oil regions and is funded partly by a recent $3 billion public offering. Desp...
RF Industries reported a record quarterly revenue of $23.96 million, a 21% increase from last year, surpassing analyst expectations. Although earnings per share slightly missed estimates at $0.19 versus $0.20, the company showed strong year-over-year...
Morgan Stanley analyst Joe Laetsch raised Valero Energy's price target to $411, signaling a potential 3.18% upside from its current price. Institutional investors like Virginia Retirement Systems and Gamco Investors are initiating new positions, whil...
Meta Platforms' stock surged over 21% in 27 days due to resolving social media lawsuits and launching its AI platform Muse. Goldman Sachs analyst Eric Sheridan maintained a 'Buy' rating and a $725 price target, signaling a potential 9.22% rise from c...
