In 2026, the decentralized finance (DeFi) sector has suffered losses exceeding $630 million due to exploits targeting critical third-party infrastructure. A major incident involving KelpDAO accounted for $292 million of these losses. These attacks highlight vulnerabilities in external dependencies that DeFi platforms rely on, raising concerns about security and the need for stronger safeguards. The industry is likely to focus on improving infrastructure security to prevent further significant breaches.
Alnylam Pharmaceuticals saw its stock drop sharply after it lowered its 2026 sales guidance by about $200 million due to slower demand for its TTR products. Despite a strong biotech sector, Alnylam's shares fell by $81.14 per share, losing about 25% ...
Malibu Boats reported a strong fourth quarter with net sales up 42.7% to $295.5 million and adjusted EBITDA rising 72.7% to $33.9 million, beating earnings estimates with $0.92 per share versus $0.75 expected. The company benefits from organic growth...
Science Applications International Corporation (SAIC) is set to report its Q3 2026 earnings on August 31, with analysts expecting an EPS of $2.31 and revenue of $1.76 billion, both down from last year. Despite the decline, the company offers a quarte...
BYD Company Limited reported strong Q2 2026 results with earnings per share of $0.14, beating analyst estimates of $0.11. The company leads the global electric vehicle market by delivery volume and outperforms competitors like Tesla in profit margins...
Most major cryptocurrencies saw price declines, with Bitcoin trading near $79,358, down 1.44%. Ethereum and Binance Coin also fell by 0.64% and 1.25% respectively. Significant drops were observed in Bitcoin Cash (-6.42%) and Cardano (-3.04%). Some to...
