Meritage Homes has been upgraded from Neutral to Buy due to its shares trading at 0.8 times book value, providing attractive downside protection. The company shows strong execution in reducing procurement costs, increasing community counts, and shifting focus toward first-time move-up buyers. Additionally, share repurchases below book value and a dividend yield above 3% support medium- to long-term shareholder returns. Despite ongoing macroeconomic challenges, the combination of valuation, operational improvements, and solid liquidity makes the risk-reward profile favorable for investors.
US federal prosecutors argue that a recent appeals court decision upholding the conviction of Bitcoin Fog founder Roman Sterlingov supports their case that Roman Storm's Tornado Cash trial was properly held in Manhattan. The prosecutors claim that tr...
Sberbank has been officially approved by the Bank of Russia to operate as a digital depository, enabling it to provide custody and related services for digital currencies like Bitcoin, Ether, and Tether. This approval places Sberbank among the first ...
Nvidia's stock has surged significantly during the AI boom, with a $1,000 investment in early 2023 growing to $16,765 by late 2026. The company remains confident, expanding its $150 billion share buyback program and benefiting from strong demand for ...
Arbitrum's governance token ARB traded near $0.19 on October 7, showing a decline of over 7% in 24 hours and approaching a critical technical support level at $0.18. Market data varied slightly across different exchanges and futures contracts, with n...
Quant (QNT) experienced a sharp price decline of 4.21% within one hour, falling from $256 to $245 as of early October 7. Over the past 24 hours, QNT's price decreased by 3.34%, with its market capitalization standing at approximately $3.68 billion, r...
