InterDigital reported a 13% increase in annualized recurring revenue to $567.2 million, driven by an 18% rise in smartphone revenue and diversification into consumer electronics, IoT, and automotive sectors. Despite near-term margin pressure from LG revenue-sharing and IP enforcement costs, management reaffirmed full-year guidance and expects margins to normalize after 2026. The company also announced a $0.70 per share quarterly dividend and ongoing share buybacks. Strategic expansion into video and streaming, highlighted by a new agreement with Amazon, positions InterDigital for additional revenue growth and potential valuation improvement.
Bitcoin and Ethereum posted small gains while major altcoins showed mixed results, reflecting cautious investor sentiment and a preference for Bitcoin's relative stability. Bitcoin dominance increased slightly to 58.51%, signaling a defensive market ...
CoreWeave secured $3.1 billion in financing backed by high-performance computing (HPC), attracting about $19 billion in demand, highlighting strong institutional trust in AI infrastructure investments. Despite a 14% stock drop triggered by Meta Compu...
Circle, issuer of USD Coin (USDC), received approval to operate as a federally regulated trust bank in the U.S., marking a key step in integrating stablecoins into traditional finance. This approval supports Circle's expansion of institutional custod...
Metaplanet is developing a digital credit system that leverages Bitcoin, JPYC stablecoin, and security tokens. This initiative aims to create new financial products that combine cryptocurrency and traditional credit mechanisms, potentially increasing...
XRP rose 1.27% to $1.10 as the CLARITY Act advanced through the Senate Banking Committee, potentially clarifying crypto regulations. Analysts highlight $0.85–$1.20 as a key accumulation range, with targets up to $15 in the long term. XRP ETF inflows ...
