M/I Homes reported a 15% increase in new contracts to a record 2,387 in Q2 2026, despite a 6% decline in homes delivered and a 9% drop in revenue to $1.1 billion. Net income fell 35% to $79 million due to inventory charges and market challenges, while shareholders' equity hit a record $3.2 billion. The company maintains confidence in long-term housing fundamentals and a strong financial position, including an upgraded credit rating and low debt ratios. M/I Homes plans to leverage its diverse geographic footprint and product offerings to sustain solid performance through 2026.
Michael Saylor signaled that Strategy may restart Bitcoin purchases after a 10-week halt, though no new buys are confirmed yet. The company holds 840,447 BTC valued at $63.36 billion with an average cost of $75,385 per Bitcoin. Recently, Strategy foc...
The US cattle herd is at its smallest in 75 years, causing high beef prices. President Trump announced plans to waive tariffs on imported ground beef for 90 days and is pushing to allow ranchers to process their own meat, aiming to break the dominanc...
Ripple's regulated stablecoin RLUSD has seen its supply on Ethereum grow by 93% in the past 30 days, pushing Ethereum's share to 56.1% of total supply, surpassing the XRP Ledger's 43.9%. This shift is driven by institutional demand for DeFi services ...
Bitcoin is approaching a major resistance level as the Kansas City Fed's Jackson Hole Economic Symposium begins, an event known to influence market volatility. Traders see this resistance as a critical decision point: a daily close above it could lea...
Bitcoin is stuck just below $80,000, with derivative market data showing a buildup of short positions across major exchanges like Binance and Bybit. This has created uncertainty whether the price will correct further or rally sharply. The critical su...
