Dorman Products, Inc. received an upgrade to a soft Buy following strong profit and cash flow growth, even though its revenue guidance was lowered. The company's recent outperformance was driven by significant profitability gains, including tariff refunds and strong results in its Heavy Duty segment. Management also raised its adjusted earnings per share guidance to $8.50–$8.80 and expects net income around $250.5 million excluding tariff refunds. The company aims to expand market share, improve margins, and grow through acquisitions, especially in Specialty Vehicles.
Tokenized equity trading volume reached nearly $3 billion weekly in August, driven mainly by Robinhood Chain, BNB Chain, and Solana. Despite this growth, only about 5% of tokenized stocks are used in onchain financial applications, with total value l...
Ethereum is set to upgrade its network with EIP-8141, introducing 'frame transactions' that split one transaction into up to 64 programmable frames. This new transaction type enables native account abstraction, gas sponsorship, and atomic batching, a...
As of June 30, 2026, thirty institutional investors collectively held about $74.9 million in Hyperliquid ETF products, with Brazil's Wealth High Governance Asset Management leading at nearly $24 million in the 21Shares' THYP fund. These ETFs track th...
Useless Coin (USELESS) hit a 10-month high of $0.286 after rallying 300% in a week, driven by strong buying and new holders. Despite intense buying pressure and positive momentum indicators, the rally may be overextended, suggesting a potential pullb...
The Seattle Times and Newsday have filed lawsuits against OpenAI and Microsoft, accusing them of using their journalism content without permission to train AI models. The lawsuits warn that generative AI could severely damage the journalism industry ...
