Pakistan's Virtual Assets Regulatory Authority (PVARA) chairman Bilal Bin Saqib proposes creating a Strategic Bitcoin Reserve from seized digital assets to serve as a national asset for sovereign preparedness. The government is also redirecting surplus electricity to Bitcoin mining and AI data centers, aiming to boost the digital economy. This initiative is supported by the Virtual Assets Act 2026, which formalizes regulation and licensing for digital assets, marking a shift from unregulated crypto activity to a structured framework that promotes financial inclusion for millions of Pakistanis.
Affirm Holdings reported a strong fiscal Q4 with revenue up 33% year-over-year to $1.166 billion, surpassing estimates. Gross merchandise volume rose 36% to $14.1 billion, and the company expects fiscal 2027 GMV to exceed $64 billion, signaling at le...
Alnylam Pharmaceuticals saw its stock drop sharply after it lowered its 2026 sales guidance by about $200 million due to slower demand for its TTR products. Despite a strong biotech sector, Alnylam's shares fell by $81.14 per share, losing about 25% ...
Malibu Boats reported a strong fourth quarter with net sales up 42.7% to $295.5 million and adjusted EBITDA rising 72.7% to $33.9 million, beating earnings estimates with $0.92 per share versus $0.75 expected. The company benefits from organic growth...
Science Applications International Corporation (SAIC) is set to report its Q3 2026 earnings on August 31, with analysts expecting an EPS of $2.31 and revenue of $1.76 billion, both down from last year. Despite the decline, the company offers a quarte...
BYD Company Limited reported strong Q2 2026 results with earnings per share of $0.14, beating analyst estimates of $0.11. The company leads the global electric vehicle market by delivery volume and outperforms competitors like Tesla in profit margins...
