Evernorth Holdings, backed by Ripple, updated its SEC filing after securing employment agreements for three senior executives, including equity awards up to $4.5 million. The company plans to merge with Armada Acquisition Corp II and list on Nasdaq under the ticker XRPN, aiming to create a $1 billion public XRP treasury. Despite a recent decline in XRP prices reducing the treasury's value to about $640 million, the merger would offer U.S. investors indirect exposure to XRP through a publicly traded company. The transaction awaits shareholder and regulatory approval before completion.
Boston Scientific reported strong Q2 results with revenue of $5.442 billion and adjusted EPS of $0.86, surpassing analyst expectations. However, RBC Capital lowered the 2026 stock price target from $85 to $70 due to competitive pressures and a reduce...
AST SpaceMobile, a pioneer in space-based cellular broadband, was upgraded by Scotiabank from Underperform to Sector Perform due to improved outlook. The company faced past challenges including competition from Starlink, slow adoption, satellite dela...
TC Energy reported adjusted Q2 earnings of C$0.94 per share, beating analyst estimates driven by strong North American natural gas pipeline operations. Despite revenue slightly missing some forecasts, the company expects to reach the upper end of its...
Quaker Houghton is set to report quarterly earnings with analysts expecting $1.66 EPS on $504.63 million revenue, signaling a year-over-year earnings decline despite higher sales. The company declared a $0.53 per share dividend, marking its 17th cons...
GraniteShares has announced the weekly distribution amounts for its YieldBOOST ETFs, including COYY, TSYY, NVYY, and others, with distribution rates ranging from about 2% to over 95%. These ETFs use a strategy involving selling put options to generat...
