Cash App, operated by Block, Inc., now allows its 59 million users to send and receive USDC stablecoin on Solana, Ethereum, Polygon, and Arbitrum without fees or extra setup. This upgrade simplifies stablecoin transfers by using users' existing USD balances and requires no separate wallets. While Block remains focused on Bitcoin as its core crypto strategy, this move reflects a broader industry trend with major payment networks like Visa and Mastercard expanding stablecoin capabilities. The total stablecoin market has surpassed $300 billion, highlighting growing adoption and integration into mainstream payment platforms.
Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) disclosed the sources and amounts of its distribution to be paid on May 29, 2026, including net investment income, capital gains, and return of capital. The fund follows a managed distribution poli...
Nature's Miracle Holding Inc. reported a net income of $2.85 million for Q1 2026, a significant turnaround from a $2.02 million loss in Q1 2025, driven by a $5 million gain on debt settlement. The company announced a strategic move to acquire a 55% s...
Westport Fuel Systems Inc. announced its 2026 Annual General and Special Meeting will be held virtually on June 30, 2026. Shareholders are encouraged to vote in advance using provided proxy forms to streamline the process. The company specializes in ...
HP Inc. reported second-quarter earnings of 86 cents per share, surpassing the consensus estimate of 71 cents by over 21%. Revenue also exceeded expectations, reaching $14.41 billion compared to the estimated $14.04 billion. The company saw strong gr...
Shareholders of Richmond Mutual Bancorporation and Farmers Bancorp have approved their merger, which will combine the two banks under the new name First Bank Midwest. Farmers Bancorp shareholders will receive 3.40 shares of Richmond Mutual stock for ...
