Leonardo's first half results show improved growth quality with like-for-like sales up 8.2% and orders increasing by 39%. EBITA growth was driven more by margin expansion than volume increases. The company's backlog reached €52.6 billion, providing about 2.5 years of revenue visibility and reinforcing confidence in sustained defense demand. While the Aerostructures division remains loss-making, losses narrowed significantly, supported by higher Boeing 787 and ATR volumes. The acquisition of Iveco Defense strengthens Leonardo's land-defense exposure and adds margin benefits, while drones are seen as complementary to helicopters rather than a threat.
Bitcoin surged 4.3% to $81,069, briefly surpassing $82,000 for the first time in months, driven by Federal Reserve Governor Waller's indication of maintaining current interest rates. This eased fears of rate hikes, lowering US Treasury yields and boo...
Hyperscale Data announced it holds approximately $36 million in cash and restricted cash, plus about 215 Bitcoin valued at $18 million, totaling around $53 million in assets. This amount is nearly twice the company's equity market capitalization as o...
MIAX Exchange Group reported a 25.5% increase in average daily volume (ADV) of multi-listed options contracts year-to-date through August 2026, reaching 11.0 million contracts. The group also set a new year-to-date market share record of 17.1%, up fr...
Grayscale's CoinDesk Crypto 5 ETF reduced its XRP holdings by 27.1% from 16.87 million to 12.3 million tokens in fiscal 2026, as revealed in a recent SEC filing. The fair value of XRP in the fund fell sharply by 67%, from $39.14 million to $12.83 mil...
Job openings in the U.S. reached 7.27 million in July 2026, the highest since May, yet payrolls declined by about 23,000 jobs, mainly due to a hiring freeze for workers aged 22 to 25. AI adoption is reshaping the labor market by reducing entry-level ...
