Compass, Inc. announced strong Q2 2026 results with revenue rising 14% year-over-year to $4.31 billion and GAAP net income reaching $92 million. The company exceeded its cost synergy target of $300 million five months ahead of schedule, raising the target to $330 million for Year 1 and $220 million for 2026. Brokerage transaction values and volumes outperformed the market significantly, driven by successful integration with Anywhere. Compass also reported record adjusted EBITDA of $363 million and increased cash balance to $694 million, positioning it well for debt reduction and profitability even in a muted housing market. The company expects continued growth and positive free cash flow for the full year 2026.
BlackRock has reduced the minimum amount required for in-kind conversion of its iShares Bitcoin Trust from $25 million to $1 million. This change makes it easier for investors to convert their shares directly into Bitcoin, potentially increasing acce...
Vox Royalty has been upgraded to a Strong Buy rating due to its raised guidance and a credible plan to double its receipts by 2030 using existing assets. The company’s strategy of sourcing and flipping assets is expected to deliver a 28% return on in...
Warpaint London PLC's shares fell 14% following a 17.8% decline in first-half sales to £40.5 million, driven by weaker consumer spending and cautious retailer orders. Despite a 36.4% drop in adjusted EBITDA to £6.8 million and a 33.2% fall in pre-tax...
Laureate Education reported a 17.5% year-over-year revenue increase to $615.9 million in Q2 2026, driven by strong enrollment growth in Mexico and Peru. The company also saw robust net income and cash flow improvements. Management raised revenue and ...
The XRP Ledger has entered a 14-day activation period for the PermissionDelegationV1_1 upgrade after 29 of 35 trusted validators supported it. This upgrade allows accounts to delegate specific permissions without giving full control of their keys, im...
