HastraFi, in partnership with Figure and Kamino, launched the AUTO market on Solana, the first permissionless real-world asset product on the blockchain, backed by near-prime US auto loans. The AUTO token offers a 9.07% APY by channeling interest payments from these loans into DeFi credit infrastructure, with 2.40 million tokens in circulation. This product expands HastraFi's real-world asset offerings beyond its PRIME home equity loan market and plans to extend AUTO to Ethereum. Investors should note the higher credit risk of near-prime borrowers and dependencies on off-chain loan servicing and legal enforceability outside the smart contract layer.
Priority Technology Holdings is being taken private in a $1.6 billion deal led by its Chairman and CEO, Thomas Priore. The acquisition price is $8.05 per share, matching the analyst price target set by Lake Street, which downgraded the stock to 'Hold...
General Mills is set to report its Q3 2026 earnings with an expected 16.3% decline in earnings per share to $0.72 and revenue forecast around $4.35 billion, down from last year. Despite these declines, the company reaffirmed its full-year adjusted EP...
Boeing is experiencing ongoing production challenges with its 737 MAX aircraft, causing delays and a recent 3.7% stock drop. Jefferies lowered its price target to $265, still implying a 32% upside from current prices, reflecting cautious optimism. Ba...
Elemental Royalty Corporation has agreed to acquire a $290 million portfolio of precious metals streams and royalties from Orion Mine Finance, boosting its revenue, scale, and exposure to producing assets in North America. Concurrently, Elemental is ...
Jefferies downgraded eBay to 'Underperform' and lowered its price target to $75 from $80 due to expected earnings pressure and slowing advertising revenue growth. The broker cut its 2027 and 2028 EBITDA estimates below consensus, highlighting a trend...
