Interfor Corporation reported a net loss of $63.3 million in Q1 2026, an improvement from the previous quarter's $104.6 million loss, driven by higher lumber prices and increased production. Adjusted EBITDA was positive at $30.7 million on $643.2 million in sales, reflecting recovery from prior losses. The company faced logistics challenges and temporarily curtailed some operations due to weak market conditions but completed a major sawmill rebuild. Looking ahead, lumber prices are expected to remain volatile due to tariffs, trade tensions, and economic factors, but Interfor's diversified operations position it to manage these risks effectively.
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
Bitcoin (BTC) is showing signs of recovery after a prolonged downtrend, breaking above its 26-day and 50-day exponential moving averages (EMAs) near $63,400 and $64,100 respectively. This technical rebound suggests strengthening short-term momentum a...
ETHSystems, a new Ethereum-focused non-profit backed by Bitmine Immersion Technologies and Ethereum co-founder Joe Lubin, aims to enhance privacy on the Ethereum network for institutional use. This marks the third non-profit stepping in as the Ethere...
Lockheed Martin Ventures, the $1 billion venture capital arm of Lockheed Martin, is expanding into the UK and Europe with a new London office. It plans to invest at least $100 million in defense technology startups to strengthen transatlantic defense...
