Corn has shut down its Bitcoin layer-2 network, which once held $1 billion in deposits, due to declining usage after incentives ended. The company has pivoted to a private members club for digital asset holders, offering a stablecoin payment card with personalized concierge services and exclusive events. Polychain Capital has invested in Corn three times, bringing total funding to $19 million to support this new service model. The card, issued by Rain, settles transactions in USDC on the Base network and will be available in over 50 countries, including the US. Corn aims to provide a premium service experience rather than competing on fees or rewards, focusing on personal service and stablecoin spending.
UBS increased its price target for ABM Industries to $51.50 following the company's strong quarterly earnings and revenue growth. ABM reported a 4.2% revenue increase to $2.32 billion and a 19% rise in net income to $49.7 million, alongside strong ca...
Chewy reported quarterly earnings of $0.36 per share, doubling analyst estimates of $0.18, with net income rising to $80.5 million from $62 million a year ago. Quarterly revenue reached $3.33 billion, slightly above expectations, marking a 7.3% incre...
AeroVironment, a leading drone maker, is set to report its Q3 earnings on September 9, 2026, with analysts expecting EPS between $0.22 and $0.25 and revenue near $452-$456 million. The company recently secured major contracts worth over $865 million ...
Bernstein has reduced the price target for Newmont Corporation to $144, reflecting challenges including a 13% drop in gold production and rising costs expected to reach $1,680 per ounce in 2026. Despite these issues, Newmont's stock gained 34.5% in A...
Barrick Mining maintains an 'Outperform' rating from Bernstein despite a lowered price target of $56.50, down from $61.00. The company reported an 11% increase in gold production in Q2 to 796,000 ounces, with further growth expected in the coming qua...
