Destination XL Group reported first quarter fiscal 2026 sales of $103.3 million, down 2.1% year-over-year, with a net loss of $5.9 million or $0.11 per diluted share, wider than the previous year's loss. The company highlighted ongoing strategic initiatives including the rollout of its FiTMAP fit technology and AI investments to enhance customer experience and digital commerce. Challenges include declining comparable sales, macroeconomic pressures, and shifts in customer demand influenced by weight-loss medications. Destination XL is also progressing with a pending merger with FullBeauty Brands and plans capital expenditures focused on store conversions and technology enhancements.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
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'...
