Builders FirstSource shares have fallen 30% over the past year due to a slowdown in single-family home construction. The company's Q1 results showed an 11% revenue decline, an 82% drop in earnings per share, and a 42% fall in adjusted EBITDA, reflecting worsening margins. Builders FirstSource lowered its full-year revenue and EBITDA guidance by $200 million, now expecting $1.1–$1.5 billion EBITDA and $400–$500 million free cash flow. Despite the challenges, the stock is upgraded to 'Hold' as further downside appears limited given its current valuation and elevated leverage.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum (ETH) has outperformed Bitcoin (BTC) in Q3, driven by a rally sparked by a softer CPI report and strong on-chain metrics. The recent surge pushed ETH above $1,900, triggering significant liquidations in futures positions. However, ETH now fa...
Solana's number of wallets holding tokenized real-world assets (RWAs) has exceeded 300,000, surpassing Ethereum's roughly 200,000 holders. While Solana's RWA value doubled in 2026 to $3.45 billion, Ethereum still leads with $16.3 billion in tokenized...
Baidu's board has approved a plan to convert to a dual-primary listing on the Hong Kong Stock Exchange's Main Board, alongside its existing Nasdaq listing. This move aims to enhance the liquidity of Baidu's shares, broaden its investor base, and prov...
