GB Group PLC's shares fell over 23% after the company lowered its full-year revenue growth guidance to 1%-3% for the year ending March 2027, down from a previous mid-single-digit expectation. The downgrade was driven by higher-than-expected customer attrition in its Americas Identity division, where growth stalled in the second quarter despite a strong sales pipeline. Adjusted operating profit margin guidance was also tightened to around 21%. Despite the weaker outlook, GBG will continue investing £6 million in its AI-powered identity platform, GBG Go, to drive innovation.
Bitcoin fell more than 2% on Friday, dropping from $81,300 to a low of $78,600 after U.S. August jobs data showed a stronger-than-expected 162,000 payroll increase, raising expectations for a Federal Reserve rate hike. Despite the pullback, Bitcoin i...
Ethereum's price fell from $2,546 to around $2,438 following stronger-than-expected US August jobs data, which raised Federal Reserve rate hike odds to 60%. A major holder liquidated 167,855 ETH worth about $408 million over five days, adding bearish...
McEwen Inc. (MUX) is rated a BUY with a $31 price target, driven by expected long-term growth in assets and copper production. The company plans to increase production from 115,700 ounces in 2025 to up to 300,000 ounces by 2030 with minimal dilution....
Cardano (ADA) has been trading within a flag pattern for most of the year, with a recent renewed attempt by buyers to break above the resistance around $0.29. After rebounding from the 100-day EMA near $0.19, ADA saw over 10% gains in 24 hours, suppo...
Pons, a memecoin launchpad on Robinhood Chain, has consistently out-earned Solana's Pump.fun in daily fees since August 29, reaching $4.89 million on August 31. The platform benefits from a 90-day gas fee waiver on Robinhood Chain, allowing zero tran...
