Jack Mallers resigned as CEO of Twenty One Capital on July 20 to return full-time to his bitcoin payments company, Strike. Raphael Zagury, a board director with Wall Street and fintech experience, was appointed as the new CEO. The leadership change coincides with the collapse of a planned three-way merger involving Twenty One Capital, Strike, and Elektron Energy. Twenty One Capital holds 43,514 BTC valued at about $2.9 billion and will now focus on governance, building operating businesses, capital markets, acquisitions, and bitcoin-backed lending. Shares fell following the news, and investors await the upcoming earnings report for more clarity on future plans.
Wintrust Financial reported strong Q2 2026 earnings of $3.30 per share, beating estimates by 4.76%, with revenue of $741.38 million and record net income of $233.70 million. The company showed robust year-over-year growth, with net income up 20% in t...
Roth Capital has reaffirmed its Buy rating on PolyPid following the company's exclusive partnership with Azurity Pharmaceuticals to commercialize D-PLEX100, a drug designed to prevent surgical site infections in the U.S. and Canada. The deal includes...
United Community Banks, Inc. reported Q2 2026 earnings per share of $0.71, missing analyst estimates of $0.81, and revenue of $279.28 million, slightly below expectations but up 7.3% year-over-year. Despite the earnings miss, the bank demonstrated op...
Alphabet Inc. is set to report its Q2 2026 earnings with analysts expecting an EPS of $2.87 and revenue of $116.53 billion, driven by strong online advertising and cloud services. Investors are focusing on Google's strategic AI investments, including...
Moody's Corporation reported an 8.1% revenue increase and 7.8% EPS growth in Q1 2026, supported by strong global bond issuance and debt refinancing. The company leverages strategic acquisitions and AI integration to sustain growth, with 17 consecutiv...
