FG Nexus sold all its Ethereum digital assets by June 30, 2026, ending its treasury strategy less than a year after launch and reporting a $45.2 million loss from these operations in the first half of 2026. The company generated only $144,000 from staking revenue while ETH sales brought in about $61 million in cash, with additional receivables collected in July. FG Nexus plans to redirect capital from digital assets to cash-flowing real estate, focusing on manufactured housing, though no definitive deals have been made yet. This exit marks a strategic shift away from crypto after losses and minimal returns, with the company now aiming to build income-producing property assets.
Target is expected to report second-quarter earnings of $2.25 per share, a 9.8% increase from last year, with revenues projected at $26.06 billion, up 3.4%. Despite these positive forecasts, the stock has surged 57% year-to-date, leading an analyst t...
RLX Technology reported Q2 2026 earnings per share of $0.03 and revenue of $148.87 million, missing analyst expectations. Despite this, the company achieved 14.8% year-over-year revenue growth, mainly due to its expanding international market, which ...
RBC Capital set a new price target of $9.00 for Paysafe, indicating a potential 34.45% upside from its current price of $6.69. Paysafe reported 7% revenue growth in the first half of 2026, driven by strategic investments in marketing and technology, ...
Greenland Technologies (GTEC) reported strong Q2 2026 results, with earnings per share of $0.13 surpassing estimates of $0.09 and revenue rising 37.6% to $29.9 million. The company turned profitable with a net income of $4.9 million, reversing last y...
NRx Pharmaceuticals is set to report quarterly earnings with an expected loss of $0.09 per share and revenue of $1.33 million, reflecting ongoing financial challenges. Despite negative profitability and cash flow metrics, the company received positiv...
