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Greenlight Capital Re reports Q2 net loss of $29.6M, citing CAT losses and investment setbacks.

Company Fundamentals
04 Aug 2026
GlobeNewsWire
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Bearish
Greenlight Capital Re reports Q2 net loss of $29.6M, citing CAT losses and investment setbacks.

Greenlight Capital Re reported a net loss of $29.6 million for Q2 2026, impacted by catastrophe losses and a $23.8 million investment loss. Gross premiums written rose slightly by 2% to $183.1 million, but underwriting results weakened with a combined ratio of 100.1%. Despite the loss, the company repurchased $14.2 million in shares and maintains a disciplined approach amid market volatility. The company will discuss results further in an earnings call on August 5, 2026.

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MillerKnoll beats profit estimates with $0.53 EPS despite revenue decline in Q1 2027.

MillerKnoll beats profit estimates with $0.53 EPS despite revenue decline in Q1 2027.

MillerKnoll reported a strong Q1 2027 earnings per share (EPS) of $0.53, surpassing analyst expectations by over 51%, helped by tariff refunds and improved cost management. However, its revenue fell 3.4% year-over-year to $923.40 million, missing est...

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DraftKings reports strong NFL season start with 15% handle growth, targets $1B EBITDA in 2026.

DraftKings reports strong NFL season start with 15% handle growth, targets $1B EBITDA in 2026.

DraftKings CEO Jason Robins highlighted strong early NFL season performance with a 15% increase in handle growth and renewed iGaming market share gains. The company remains on track to achieve about $1 billion in adjusted EBITDA for 2026, with expect...

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Elemental Royalty acquires 3 streams and 5 royalties, boosting gold output by 13,000 ounces annually.

Elemental Royalty acquires 3 streams and 5 royalties, boosting gold output by 13,000 ounces annually.

Elemental Royalty Corporation announced the acquisition of a portfolio including 3 streams and 5 royalties, all in precious metals, significantly expanding its asset base. This deal adds approximately 5,000 gold equivalent ounces immediately and will...

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Meta's Muse AI app gains rapid user adoption, boosting buy ratings and price targets from major banks

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Meta Platforms' Muse AI app has quickly gained traction, surpassing 2.5 million global downloads within 13 days, outpacing competitors like Claude and Gemini. This strong adoption has led Jefferies to raise its price target for Meta to $875, citing p...

Analyst Insights
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4 hours ago
Ethereum price hovers near $2,750 resistance amid mixed ETF flows and upcoming German tax changes.

Ethereum price hovers near $2,750 resistance amid mixed ETF flows and upcoming German tax changes.

On September 22, 2026, Ethereum (ETH) traded around $2,735, just below a key resistance zone between $2,750 and $2,800 where it has repeatedly bounced. Despite a recent upward trend, ETH failed to sustain above $2,800, signaling uncertainty in short-...

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