Ripple CEO Brad Garlinghouse criticized Strategy's chairman Michael Saylor's approach of acquiring Bitcoin through issuing preferred securities like STRC, arguing it relies too much on financial engineering rather than real-world utility. This criticism comes as Strategy's preferred shares have dropped about 25% below their $100 face value, and its common stock has weakened alongside Bitcoin's price decline. Garlinghouse emphasized that long-term value in crypto depends on practical blockchain use, not aggressive leveraged Bitcoin accumulation. The debate highlights tension in the crypto industry over funding models and the future focus of blockchain technology.
Orion Oyj posted a 21.8% revenue increase to €939.3 million and a 59.6% rise in operating profit to €291.3 million for the first half of 2026. The company highlighted progress in its ODM-212 cancer drug development and FDA approval for its Animal Hea...
Dimensional Fund Advisors Ltd has publicly disclosed holding a 1.7% ownership stake in Rotork PLC, amounting to 13,909,604 ordinary shares as of July 16, 2026. This disclosure is made under Rule 8.3 of the Takeover Code, which requires investors with...
The global Indium Phosphide (InP) wafer market is projected to expand from USD 202.21 million in 2025 to USD 679.76 million by 2035, growing at a CAGR of 12.89%. Growth is fueled by rising demand in AI data centers, 5G and upcoming 6G infrastructure,...
Between July 9 and 15, 2026, Bekaert repurchased 48,656 of its own shares at an average price of €40.37 per share as part of its ongoing €75 million buyback program announced in February 2026. The company plans to cancel all repurchased shares, reduc...
Bekaert continued its share buyback program from July 9 to 15, 2026, repurchasing 48,656 shares at an average price of €40.37 per share, totaling approximately €1.96 million. The company aims to cancel all repurchased shares, reducing the number of o...
