Ribbon Communications reported a 60% year-to-date increase in its optical networking backlog, indicating strong future demand despite short-term delays in Verizon's capital expenditures. The company also advanced its voice AI capabilities through a partnership with Salesforce's Agentforce. However, management lowered its 2023 revenue guidance to $810–$840 million and adjusted earnings to $78–$88 million due to telecom capital expenditure deferrals and subsidy slowdowns. Key risks include customer concentration, supply chain inflation, and debt covenants, with a focus on improving optical segment EBITDA margins to support margin expansion.
The Roundhill Memory ETF (DRAM) has been upgraded to a Buy rating following a strong market bottom in July and recent dip buying activity. DRAM provides focused exposure to major memory and storage companies like Samsung and SK Hynix, benefiting from...
Bitcoin surged about 26% in August, briefly surpassing $81,000, driven by institutional demand and ETF inflows. However, it stalled just below $80,000 in early September after Federal Reserve signals of potential rate hikes dampened momentum. Michael...
Binance announced it will adjust collateral ratios for 11 assets, including Zcash (ZEC), effective September 4, 2026. Collateral ratios determine how much an asset's value counts toward margin or loan collateral, so changes can affect borrowing power...
Solana (SOL) has broken out of a months-long accumulation range and a year-long downtrend, pushing its price above $100 and signaling a potential market reversal. The critical test now is whether the $83-$85 zone can hold as support during the next p...
Goldman Sachs has emerged as the largest institutional holder of U.S. spot XRP ETFs, reporting $87.45 million in exposure in the second quarter of 2026. This represents holdings linked to over 84 million XRP tokens, surpassing all other institutional...
