CTS Corporation announced strong Q1 2026 results with sales of $139 million, up 11% year-over-year, driven by an 18% increase in diversified end-markets and a 3% rise in transportation sales. Net income rose 29% to $17 million, with diluted EPS increasing to $0.59 from $0.44 last year. The company also improved its adjusted gross margin to 39.5% and adjusted EBITDA margin to 23.0%, reflecting profitable growth and margin expansion. CTS narrowed its 2026 sales guidance to $560-$580 million and adjusted diluted EPS guidance to $2.35-$2.45, signaling confidence in continued market strength.
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
