MARA Holdings pledged 18,750 BTC valued at about $1.2 billion to secure $600 million in new financing from Coinbase Credit and Two Prime Lending. The funds will support MARA's expansion into energy acquisitions, Bitcoin mining, artificial intelligence, and high-performance computing infrastructure, including its $1.5 billion acquisition of Long Ridge Energy & Power. The loans carry interest rates around 7.5%, with potential $56.7 million annual interest if the full $750 million principal remains outstanding. However, the Bitcoin-backed loans expose MARA to risks of margin calls and possible liquidation of pledged BTC if Bitcoin prices fall sharply.
Atlas Copco Group completed Expansion Week in the US, unveiling three major manufacturing expansions in New York and South Carolina. The new facilities will increase production of oil-free compressors, dry vacuum pumps, and gas and process equipment,...
Mohawk Industries reported Q3 2026 net sales of $2.8 billion, up about 1%, driven by price increases offsetting lower volumes amid weak demand. Adjusted EPS rose 2% to $2.72, supported by productivity and pricing strategies. The company generated $39...
The global Drone as First Responder (DFR) market, valued at $3 billion in 2025, is projected to grow to $11 billion by 2033 at a 17.7% CAGR. Growth is fueled by advancements in automated drone-in-a-box systems, beyond visual line of sight (BVLOS) ope...
SRX Global Inc. announced it holds approximately $34 million in cash, equivalents, and short-term U.S. Treasury bills as of October 30, 2026, with no cryptocurrency exposure. The company is actively repurchasing shares under a program allowing up to ...
A $35 million cash settlement was granted final approval by the U.S. District Court for the Eastern District of New York to resolve securities fraud claims against The Hain Celestial Group and four individual defendants. The lawsuit alleged Hain Cele...
