Ethena and FalconX have created a $1 billion secured lending facility that uses assets backing the USDe synthetic dollar to fund overcollateralized loans for institutional borrowers. FalconX will originate and manage these loans through a special purpose vehicle, with qualified custodians holding collateral exceeding loan values to mitigate risk. This facility adds a new source of returns to USDe's backing portfolio, which already includes crypto collateral, derivatives, and institutional loans. The partnership aims to expand secured institutional lending as demand grows, though specific loan terms remain undisclosed.
Applied Materials projects sustained demand for its chipmaking equipment driven by AI infrastructure growth, expecting faster spending on wafer fab equipment through 2030. The company aims to increase its market share by over 2 percentage points from...
Gordon Haskett Capital Corporation set a $105 price target for Ollie's Bargain Outlet, suggesting an 18.1% upside from its current price around $89. The company’s board approved an additional $500 million share repurchase authorization, increasing to...
FRUIT Holdings, Inc. introduced PAVE, a new protocol designed to allow AI systems to call on human judgment and authority when needed. This approach ensures that human input retains its value, authority, and attribution within AI workflows, addressin...
AngioDynamics reported a 6.9% revenue increase to $80.9 million and a narrowed adjusted loss of 4 cents per share for Q1 fiscal 2027, with strong Med Tech sales growing 13.2%. Despite beating earnings expectations and improved gross margin, the stock...
Pomerantz LLP is investigating Cellebrite DI Ltd. for potential securities fraud following the company's Q2 2026 financial report, which showed Annual Recurring Revenue (ARR) below guidance and a lowered full-year ARR forecast. The company also abrup...
