Caledonia Mining Corporation saw its shares rise 4% after broker Cavendish reaffirmed a buy rating following significant resource upgrades in Zimbabwe. The company announced a maiden 500,000-ounce resource at its Motapa property near the Bilboes project, which could create operational synergies. Additionally, deep drilling at the Blanket mine increased measured and indicated resources by 22% to 2.2 million ounces. A new shallow oxide orebody was also found, potentially enabling low-cost gold production starting in early 2027. The wider Bilboes development could quadruple annual gold output to 200,000 ounces, attracting larger investors. Caledonia plans to secure $150 million in interim funding and pursue environmental approvals for surface mining later this year.
Ethena, the protocol behind the USDe synthetic dollar, is broadening its delta-neutral backing strategy from crypto to equity perpetual futures, which now have over $6 billion in open interest. This shift aims to tap into higher funding rates in equi...
Solana (SOL) is showing strong bullish signals, holding its key support zone at $96-$97 after breaking above it, which sets the stage for a near-term move toward $120. This breakout-and-retest pattern suggests the $120 level is the next target if SOL...
Elastic reported strong fiscal Q1 results and raised its full-year guidance, leading to a roughly 15% surge in its stock price. The company's consumption-based model protects it from typical SaaS risks and positions it well to benefit from increasing...
Meta Platforms continues to attract investor interest as its advertising revenue rose 27% year-over-year in Q2 2026, driven by AI enhancements that increased ad clicks and conversions. Despite concerns over high capital expenditures and a costly laws...
Bitcoin is currently trading around $79,800 with sellers temporarily in control, though the overall market trend remains bullish. The price has fluctuated between $78,597 and $81,281 in the last 24 hours, facing resistance near $83,000, a key level t...
