The U.S. State Department has introduced the Freedom Tech Excellence Program (FTEP), a public-private partnership including the Bitcoin Policy Institute, aimed at promoting global digital freedom. The initiative targets issues like online surveillance, encryption, AI governance, and freedom of expression, highlighting Bitcoin's role as a tool against censorship and financial surveillance. This move reflects growing U.S. government interest in integrating cryptocurrency into foreign policy and human rights efforts. The program will involve private-sector experts to develop diplomatic strategies addressing digital freedom challenges amid rising geopolitical tensions over technology and information control.
KE Holdings Inc. reported Q2 2026 earnings with an EPS of $0.42, surpassing the $0.31 consensus estimate. Although revenue declined 5.7% year-over-year to about $3.60 billion, the company doubled its net income thanks to effective cost controls and o...
Ubiquiti Inc. reported strong Q4 2026 results, surpassing analyst expectations with an EPS of $4.73 versus $4.03 estimated, and revenue of $937.32 million beating the $850.50 million forecast. The company’s financial health is robust, featuring a low...
Reddit joined the S&P 500 index on August 18, 2026, replacing AvalonBay Communities, which may increase demand for its shares from index-tracking funds. Morgan Stanley maintained an Overweight rating on Reddit but lowered its price target from $240 t...
BJ's Wholesale Club reported quarterly earnings per share of $1.36 and revenue of $6.23 billion, surpassing analyst expectations. The growth was driven by budget-conscious shoppers and strong membership momentum, pushing sales beyond the company's fo...
Gold and silver prices rose sharply, reaching their highest levels in months due to a weaker US dollar and the Treasury Department's plan to increase buybacks of long-term government debt. Gold futures climbed about 2% to $4,661.70, while silver surp...
