Latham Group reported a 14.4% increase in net sales to $197.5 million for Q2 2026, driven by strong organic growth and acquisitions, particularly in in-ground pools and the Sand States region. Gross profit rose 9.6%, though gross margin dipped due to ramp-up costs. Adjusted EBITDA grew 11.9% to $44.6 million, with the company raising its full-year guidance to 11.7% net sales growth and 15.2% adjusted EBITDA growth. Latham is investing in market expansion and expects continued share gains in a flat market environment.
Tokenized equity trading volume reached nearly $3 billion weekly in August, driven mainly by Robinhood Chain, BNB Chain, and Solana. Despite this growth, only about 5% of tokenized stocks are used in onchain financial applications, with total value l...
Ethereum is set to upgrade its network with EIP-8141, introducing 'frame transactions' that split one transaction into up to 64 programmable frames. This new transaction type enables native account abstraction, gas sponsorship, and atomic batching, a...
As of June 30, 2026, thirty institutional investors collectively held about $74.9 million in Hyperliquid ETF products, with Brazil's Wealth High Governance Asset Management leading at nearly $24 million in the 21Shares' THYP fund. These ETFs track th...
Useless Coin (USELESS) hit a 10-month high of $0.286 after rallying 300% in a week, driven by strong buying and new holders. Despite intense buying pressure and positive momentum indicators, the rally may be overextended, suggesting a potential pullb...
The Seattle Times and Newsday have filed lawsuits against OpenAI and Microsoft, accusing them of using their journalism content without permission to train AI models. The lawsuits warn that generative AI could severely damage the journalism industry ...
