USDT stablecoin transfers have surged 438% over the past three years, with Polygon and Arbitrum One Layer-2 networks handling nearly 79% of all activity. These networks offer much lower transaction costs compared to Ethereum mainnet, driving massive growth in stablecoin usage. Polygon processed 452 million stablecoin transactions in 2025 alone, while Arbitrum's daily transfers grew 25 times since early 2023. The shift to Layer-2 networks is also supported by integrations from traditional finance firms like Revolut and Stripe, signaling a growing trend of stablecoin flows moving off Ethereum mainnet to more efficient Layer-2 solutions.
Hutchison China MediTech Limited (HCM) received a Buy rating upgrade from Daiwa with a new price target of $18.50 following a major licensing deal with GSK. The agreement grants GSK exclusive rights to commercialize HCM's experimental cancer therapy ...
Duluth Holdings reported a strong Q2 earnings per share (EPS) of $0.50, far exceeding the consensus estimate of -$0.01, largely due to $0.44 per share from tariff refunds. Revenue reached $121.39 million, beating estimates but declining from the prev...
Estée Lauder Companies recently appointed new brand leaders, signaling strategic shifts in its competitive beauty market. An insider executive sold 7,766 shares worth over $802,000, leaving no remaining holdings. The company shows a high P/E ratio of...
HUTCHMED's shares surged 17.77% after announcing a major licensing deal with GSK for its preclinical cancer drug HMPL-A830. GSK gets exclusive rights outside Greater China, paying $110 million upfront plus up to $1.295 billion in milestone payments. ...
Genesco reported second-quarter earnings that surpassed analyst expectations, with an EPS loss of $0.83 versus the estimated loss of $1.37 per share. Although revenue fell 3% year-over-year to $529.86 million, the company improved its adjusted gross ...
