Agora's AUSD stablecoin has doubled its market cap on the Monad blockchain to about $73 million within a week, becoming the largest stablecoin on the network. This growth is driven by Monad's recent launch and Pendle's introduction of AUSD yield pools offering significant weekly rewards. AUSD is fully backed by US dollar reserves managed by VanEck and custodied at State Street, with Agora aiming to enhance credibility through a proposed National Trust Bank charter. Investors should watch how AUSD maintains liquidity post-incentives and how regulatory moves might open new banking and enterprise opportunities.
Wedbush increased its price target for Scholar Rock to $64 from $58 and kept an "Outperform" rating ahead of the FDA's September 30 decision on Scholar Rock's investigational SMA drug, apitegromab. This drug could be the first muscle-targeted therapy...
IM Cannabis Corp., a medical cannabis company operating in Israel and Germany, will conduct a 1-for-30 reverse stock split on August 27, 2026. This move aims to increase its share price, currently at $0.11, to meet the Nasdaq Capital Market's minimum...
Buckle, Inc. reported strong Q2 earnings with an EPS of $0.87, surpassing analyst estimates of $0.81, and revenue of $319.82 million, slightly above expectations. The company saw a 4.6% increase in net sales, driven by growth in both comparable-store...
KE Holdings Inc. reported Q2 2026 earnings with an EPS of $0.42, surpassing the $0.31 consensus estimate. Although revenue declined 5.7% year-over-year to about $3.60 billion, the company doubled its net income thanks to effective cost controls and o...
Harbor Diversified likely holds about $3.67 per share in net cash and securities after selling off Air Wisconsin and aviation assets. Despite this, its stock trades at a 50% discount to net cash, reflecting investor uncertainty about how the company ...
