Compañía Cervecerías Unidas (CCU) posted disappointing second-quarter 2026 results, with stable but stagnant performance in Chile, weak results in Argentina, and a structural decline in its wine segment. The company is pivoting towards nonalcoholic beverages, highlighted by acquiring full control of its water joint venture with Nestlé, which has increased its leverage. Normalized net income is estimated at CLP 125 billion ($135 million), but rising interest expenses due to higher net debt weigh on profitability. Given weak growth prospects, declining alcohol categories, emerging market risks, and increased debt, CCU's earnings yield of 6% is considered insufficient, leading to a Hold rating.
On August 30, 2026, the Cronos blockchain stopped block production after an attacker manipulated the price of Tectonic's TONIC token by about 100 times within 20 minutes. The attacker used the inflated token as collateral to borrow and drain $66M to ...
MicroStrategy CEO Michael Saylor announced the company is 'back' to buying Bitcoin after a 10-week pause, driven by improved financial conditions. The company's $6.69 billion cash reserve now nearly offsets its $6.71 billion convertible debt, reducin...
Michael Saylor signaled that Strategy may restart Bitcoin purchases after a 10-week halt, though no new buys are confirmed yet. The company holds 840,447 BTC valued at $63.36 billion with an average cost of $75,385 per Bitcoin. Recently, Strategy foc...
The US cattle herd is at its smallest in 75 years, causing high beef prices. President Trump announced plans to waive tariffs on imported ground beef for 90 days and is pushing to allow ranchers to process their own meat, aiming to break the dominanc...
Ripple's regulated stablecoin RLUSD has seen its supply on Ethereum grow by 93% in the past 30 days, pushing Ethereum's share to 56.1% of total supply, surpassing the XRP Ledger's 43.9%. This shift is driven by institutional demand for DeFi services ...
