Canadian Solar reported mixed Q2 2026 results with a GAAP net loss of $1.40 per share, wider than expected, but revenue of $1.21 billion exceeded estimates. Battery-storage shipments grew 73% year-over-year, while solar-module shipments fell 60% year-over-year but rose 25% sequentially. Citigroup maintained a Neutral rating but lowered the price target from $18 to $15, citing headwinds including margin pressure and ramp-up costs at a new solar-cell facility. The company expects sequential revenue growth in Q3 supported by delayed project sales but anticipates ongoing profitability challenges through 2026.
Advent International and Stripe have ended their pursuit of acquiring PayPal in a deal valued at over $50 billion, which would have been one of the largest leveraged buyouts ever. PayPal's shares dropped as much as 16% in premarket trading following ...
Prosafe SE announced its Q2 2026 results highlighting a very safe quarter with nearly 100% commercial uptime across its accommodation units, except for a brief period during maintenance (SPSs) at the start of the quarter. The company operates five ac...
Prediction markets now see only a 10% chance that Stripe will acquire any part of PayPal in 2026, down from 70% earlier this year. Stripe and Advent International withdrew their $60.50 per share bid, valuing PayPal at over $53 billion, after PayPal's...
Blockstream researchers introduced SHRINCS, a new post-quantum signature scheme designed specifically for Bitcoin to resist quantum computer attacks while maintaining about three transactions per second capacity. SHRINCS uses the SHA-256 hash functio...
US spot Bitcoin exchange-traded funds (ETFs) attracted $242.3 million on August 27, marking their ninth consecutive day of net inflows and bringing the total to about $3.04 billion since August 17. BlackRock's iShares Bitcoin Trust led inflows with $...
