Brookfield Corporation reported record growth in fee-bearing capital and assets under management in Q2, driving a 15% year-over-year rise in distributable earnings per share. The company plans to enhance share accessibility and liquidity through corporate simplification by 2026. Despite a modest dividend yield of 0.67%, Brookfield supports $580 million in share buybacks and raised a record $77 billion in Q2, with new fee revenue expected from the Just Group mandate. This strong operational performance suggests potential for further stock gains.
Sezzle's stock fell 20% after its Q2 report, even though it beat revenue and EPS estimates and raised its full-year guidance for the third time. The decline was due to a sequential earnings drop and higher expenses, which reflect seasonal trends and ...
Ripple CEO Brad Garlinghouse said the US is "closer than ever" to clear cryptocurrency regulations after attending the Commodity Futures Trading Commission's Innovation Advisory Committee meeting. The committee, which includes leaders from finance an...
Dynex Capital is still rated a Buy as its discount to book value has closed, but it continues to offer strong income-led returns and relative value compared to peers. The portfolio is now about 90% specified pools, positioning the company well for an...
An unidentified Bitcoin whale sold 7,700 BTC worth about $576.6 million between August 19 and 22, including a single transaction of 2,700 BTC valued at $212 million. This sale occurred as Bitcoin's price climbed to nearly $79,500 before settling arou...
SpaceX stock dropped from $156 on June 23 to $136 on August 23, causing a 12.8% loss for investors who bought at IPO. The decline is mainly due to post-IPO volatility and multiple share unlocks increasing tradable supply. Despite the stock price fall...
