Kornit Digital reported Q2 earnings per share of $0.04, beating estimates and marking a 300% earnings surprise compared to a forecasted loss. Revenue rose 11.2% year-over-year to $55.32 million, driven by demand from screen printers shifting to digital and a 79% increase in Annual Recurring Revenue to $33.80 million. The company also maintained positive operating cash flow for the 11th consecutive quarter and shows strong financial health with a current ratio of 12.03. This performance highlights Kornit's growing market presence and sustainable business model in digital textile printing.
Ethena, the protocol behind the USDe synthetic dollar, is broadening its delta-neutral backing strategy from crypto to equity perpetual futures, which now have over $6 billion in open interest. This shift aims to tap into higher funding rates in equi...
Solana (SOL) is showing strong bullish signals, holding its key support zone at $96-$97 after breaking above it, which sets the stage for a near-term move toward $120. This breakout-and-retest pattern suggests the $120 level is the next target if SOL...
Elastic reported strong fiscal Q1 results and raised its full-year guidance, leading to a roughly 15% surge in its stock price. The company's consumption-based model protects it from typical SaaS risks and positions it well to benefit from increasing...
Meta Platforms continues to attract investor interest as its advertising revenue rose 27% year-over-year in Q2 2026, driven by AI enhancements that increased ad clicks and conversions. Despite concerns over high capital expenditures and a costly laws...
Bitcoin is currently trading around $79,800 with sellers temporarily in control, though the overall market trend remains bullish. The price has fluctuated between $78,597 and $81,281 in the last 24 hours, facing resistance near $83,000, a key level t...
