Ethereum Institutional, a nonprofit founded by former Ethereum Foundation members, closed its initial funding round with over 100 institutional and individual backers. The organization aims to serve as a neutral guide for traditional finance players exploring Ethereum's tokenization, stablecoin issuance, and on-chain infrastructure. Notable supporters include publicly traded companies BitMine and SharpLink, as well as Ethereum co-founder Joseph Lubin. This launch comes amid Ethereum's ecosystem restructuring, filling a gap left by the Ethereum Foundation's reduced enterprise focus.
Meta, led by Mark Zuckerberg, is in early discussions to lease $10 billion worth of AI computing power to Anthropic. This deal could create a significant new revenue stream for Meta, helping to offset its substantial spending on artificial intelligen...
KLA Corporation reported better-than-expected quarterly earnings and revenue, with earnings per share at $1.05 and revenue of $3.66 billion, surpassing estimates. Despite this, the stock fell 6.64% due to disappointing forward guidance for the next q...
Benchmark reaffirmed a Buy rating for Sirius XM as the company prepares to release its Q2 earnings report, with analysts forecasting a 36.8% increase in earnings per share to $0.78 and revenues of $2.14 billion. Wells Fargo upgraded the stock, raisin...
Altisource Portfolio Solutions' CEO Shepro William B purchased 4,000 shares, increasing his stake to 8,686 shares, signaling confidence in the company's future. The company reported a 19% year-over-year increase in Q2 2026 service revenue to $48.70 m...
Prosperity Bancshares reported strong Q2 results with earnings per share of $1.62, surpassing the $1.51 analyst estimate, and revenue of $391.26 million, beating expectations and marking a 25.9% increase from last year. The bank's net interest margin...
