Ionic Digital has received SEC approval for its registration, enabling its planned Nasdaq direct listing on July 28 under the ticker IOND. The listing allows existing shareholders, including former Celsius creditors, to trade shares without new capital raised, marking a key milestone after the Celsius bankruptcy restructuring. Originally a Bitcoin mining company, Ionic is pivoting towards AI and high-performance computing infrastructure, supported by a $400 million private equity raise and a major lease agreement with AI cloud provider Nscale. This transition reflects a broader industry trend as mining profitability declines and companies diversify into AI data centers.
Charles Schwab announced record second-quarter results with $7.07 billion in revenue and $1.62 adjusted EPS, a 42% increase year-over-year. The company added 1.4 million new brokerage accounts and $120 billion in net new assets, signaling strong clie...
D.R. Horton reported strong quarterly earnings with an EPS of $3.20 and revenue of $9.23 billion, both exceeding analyst expectations. The results were driven by a 4% increase in home-closing volumes, totaling nearly 24,000 homes, along with contribu...
The U.S. Small Business Administration (SBA) announced a $6 million grant competition to fund the Women’s Business Center (WBC) Modernization Initiative. This initiative aims to expand statewide support networks for women entrepreneurs in eight state...
Copart's stock is under pressure following a Barclays analyst downgrade to a $26 price target and significant insider selling by a company director. The company faces a securities fraud investigation after CEO Jeff Liaw's resignation, which caused an...
Charles Schwab reported strong Q2 2026 results with earnings per share of $1.62, exceeding estimates and marking a 42% increase year-over-year. The company achieved record quarterly revenue of $7.07 billion, driven by increased trading activity and h...
