Lotus Technology Inc. is advancing its strategic acquisition of Lotus UK, expected to close in 2026, aiming to unify brand identity and improve efficiency under the Focus 2030 strategy. To prioritize this acquisition and related compliance, the company will temporarily suspend financial results releases for Q1 and Q3 of 2026 but will report the first half and full year results as usual. Lotus continues expanding globally, recently entering the Canadian market with its Eletre SUV, and remains confident in long-term growth driven by its luxury electric vehicle portfolio and strategic initiatives.
Bitcoin options open interest on CME has dropped significantly from $290M in November to around $30-40M by June 2026, with traders focusing on near-term contracts. Futures open interest remains strong, led by Binance and CME, while Deribit shows more...
Dick's Sporting Goods reported a strong 62.66% year-over-year revenue increase in Q1 2026, surpassing analyst expectations. This growth is largely attributed to the recent acquisition of Foot Locker, which has expanded Dick's reach into sneaker cultu...
FRMI is developing a large off-grid data center campus in Amarillo, Texas, targeting 11 GW capacity to meet rising AI electricity demand. However, the company's growth depends heavily on this single project, creating concentration risk. Additionally,...
Chainlink recently unlocked 21 million LINK tokens worth $166 million, transferring 18.375 million LINK to Binance. Despite this significant token movement, LINK's price remains in a strong downtrend, currently trading around $7.9 after falling from ...
Bitcoin and Ethereum spearheaded a broad crypto market rally, with Bitcoin rising to $63,880.92 and Ethereum to $1,731.60. Large-cap altcoins also saw gains, notably Solana with a 4.01% increase. However, the rally was accompanied by declining tradin...
