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.
Hedera's HBAR token price fell 8.8% over the past week to $0.0785, driven mainly by a lack of new investment inflows rather than large sell-offs. The American spot ETF on HBAR holds $62.57 million, down due to price declines, not withdrawals. In Nove...
Avalo Therapeutics reported positive Phase 2 results for Abdakibart, their lead antibody treatment candidate targeting hidradenitis suppurativa (HS). The results support moving forward to a pivotal trial, with Abdakibart's monthly dosing offering a p...
Binance's spot market currently has $14.69 million in sell orders compared to $9.38 million in buy orders, creating a $5.31 million gap favoring sellers. Coinbase also shows more sell orders than buy orders, but with a smaller difference. This imbala...
Bitcoin is trading near $80,853 with minimal movement, slightly below its 50-day moving average of $81,807, signaling potential resistance. Key events this week include the Federal Reserve's rate decision expected to hold steady, and a significant $1...
OpenFour, part of Four.Meme, launched Binance Agent ID Exclusive, a new token launch format that raises funds in BNB and restricts early trading to Binance Agentic Wallets verified by Agent ID. During the bonding-curve phase, wallets can hold up to 1...
