Freshpet, Inc. reported a 15.5% increase in net sales to $305.6 million for Q2 2026, driven by volume gains despite slight price/mix pressure. The company improved its adjusted gross margin to 48.6% and raised its 2026 net sales growth guidance to 10-12%, along with an adjusted EBITDA outlook of $210-$220 million. Freshpet also updated its long-term adjusted gross margin target to above 49%, reflecting confidence in its manufacturing scale and omnichannel strategy. The company generated strong cash flow and net income of $19.5 million for the quarter, signaling resilience amid economic challenges and competition.
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 ...
