Centerspace reported a net loss of $0.77 per diluted share for Q1 2026, compared to a loss of $0.22 per share in Q1 2025, mainly due to the prior year's sale of 12 apartment communities. Same-store revenues were stable, but operating expenses rose, causing a 1.1% drop in same-store net operating income. The company updated its 2026 financial outlook, slightly lowering expected net loss per share while maintaining revenue and FFO guidance. Centerspace's board continues a strategic review process, with a more detailed update expected by Q2 earnings. The company holds $267.1 million in liquidity and owns 61 apartment communities across several states.
Backpack has introduced the first-ever 24/7 trading platform for real U.S. equities, allowing international investors to buy and sell stocks like SpaceX, Micron, and SanDisk around the clock. Unlike synthetic derivatives, these are actual equities wi...
BingX, a major crypto exchange, introduced the BingX Visa Debit Card in partnership with Wirex, allowing users to spend digital assets globally through Visa's payment network. The card supports purchases, ATM withdrawals, and automatic currency conve...
Independent proxy advisory firms, including ISS, recommend Equinox Gold shareholders vote in favor of the proposed merger with Orla Mining, which aims to create a leading North American gold producer. The combined company is expected to produce 1.1 m...
The generative AI market in the oil and gas sector is projected to grow from $0.53 billion in 2025 to $1.15 billion by 2030, at a CAGR of 16.9%. Growth is driven by adoption of cloud-based AI for real-time monitoring, predictive maintenance, and dril...
Sigenergy, Australia's leading home battery brand, has introduced a $1,000 discount on its new 9kWh SigenStor battery modules. This discount can be stacked with the Federal Government’s Cheaper Home Batteries Program rebate, potentially allowing hous...
