Block has applied to the Office of the Comptroller of the Currency (OCC) to establish Builders Bank & Trust, N.A., a national trust bank focused on custody and fiduciary services for Bitcoin and stablecoins. If approved, the bank would operate under a federal framework without accepting deposits or making loans, supporting Block's digital asset custody as it scales. The initiative reflects growing fintech interest in bank charters to enhance compliance and competitive positioning. Builders Bank would be led by Lee Woolley, leveraging his extensive banking and digital asset experience.
Elizabeth Crain, a director at Core Scientific, has purchased 6,000 shares of the company. This insider buying may indicate her confidence in the company's future prospects. Such moves often attract investor attention as they can signal positive expe...
Hyperscale Data has stopped Bitcoin mining to focus on AI data center services, backed by a $1.2 billion contract at its Michigan facility. The company's assets, including cash and Bitcoin, are worth nearly double its market cap, suggesting undervalu...
Casey's General Stores reported strong Q1 2026 results, surpassing analyst expectations with an EPS of $7.37 versus $6.78 estimated and revenue of $5.68 billion beating the $5.56 billion forecast. Net income rose 27.1% year-over-year to $273.7 millio...
Academy Sports and Outdoors will announce its Q2 2026 earnings on September 9, with revenue expected to rise 3.8% year-over-year to about $1.66 billion. Analysts forecast earnings per share between $2.07 and $2.12, up from $1.94 last year, indicating...
Americold Realty Trust (COLD) maintains a 'Hold' rating despite offering a 6.5% dividend yield and raising its full-year adjusted funds from operations (AFFO) guidance to $1.26–$1.32 per share. The company faces ongoing challenges as same-store net o...
