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Mercury NZ posts 36% EBITDAF growth in FY '26, driven by renewables and cost cuts.

Company Fundamentals
18 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Mercury NZ Limited reported a 36% increase in EBITDAF to $1,068 million for fiscal year 2026, fueled by higher renewable energy production and strict cost management. Operational expenses were reduced by $26 million from the previous year, meeting the company's $370 million target. The company emphasized resilient earnings, disciplined growth, and a strong balance sheet as key achievements. This performance sets a positive outlook for continued growth and financial stability.

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XRP whale transactions over $1M spike 280% in 24 hours, signaling major holder activity.

XRP whale transactions over $1M spike 280% in 24 hours, signaling major holder activity.

In August 2026, XRP saw a 280% surge in whale transactions exceeding $1 million within 24 hours, with over 38 such transfers recorded. This spike follows a week where whales accumulated more than 380 million XRP, indicating increased large-holder eng...

Technical Signals
Neutral
4 hours ago
Moscow Exchange to launch Bitcoin and Ethereum perpetual futures in September amid new crypto law.

Moscow Exchange to launch Bitcoin and Ethereum perpetual futures in September amid new crypto law.

Moscow Exchange (MOEX), Russia's largest stock exchange, plans to introduce perpetual futures contracts for Bitcoin and Ethereum starting September 2026, coinciding with a new digital asset law taking effect. These futures allow traders to hold posit...

Market News
Bullish
4 hours ago
Ethereum outperforms Bitcoin as ETH/BTC ratio breaks multi-year downtrend, driven by tokenization and AI demand.

Ethereum outperforms Bitcoin as ETH/BTC ratio breaks multi-year downtrend, driven by tokenization and AI demand.

Tom Lee of BitMine highlights that the ETH/BTC ratio has broken above a long-term downtrend, signaling rising market demand for Ethereum over Bitcoin. This shift is attributed to growing interest in tokenization and agentic AI applications, which ben...

Market News
Bullish
4 hours ago
Jane Street holds over $1B in U.S. spot Bitcoin ETF shares, led by $828M in BlackRock's IBIT as of June 30, 2026.

Jane Street holds over $1B in U.S. spot Bitcoin ETF shares, led by $828M in BlackRock's IBIT as of June 30, 2026.

Jane Street disclosed owning more than $1 billion in U.S. spot Bitcoin ETF shares as of June 30, 2026, with about $828 million invested in BlackRock's iShares Bitcoin Trust (IBIT). This represents a significant rebound from the previous quarter when ...

Market News
Bullish
5 hours ago
Bitcoin rises above $64,000 as miners cut computing power for AI and Venice's token jumps on $100M revenue.

Bitcoin rises above $64,000 as miners cut computing power for AI and Venice's token jumps on $100M revenue.

Bitcoin climbed above $64,000, marking the only major cryptocurrency with a notable daily gain while others slipped or stayed flat. Publicly listed bitcoin miners have reduced their computing power by 21% over three quarters to shift capacity towards...

Market News
Neutral
5 hours ago
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