The BIP-110 Bitcoin fork failed to gain traction, with about 99.85% of Bitcoin's mining power remaining loyal to the original network. Michael Saylor and Dan Held criticized BIP-110 for wasting developer resources and lacking community support, emphasizing that Bitcoin's decentralized governance prevents unauthorized forks from succeeding. This episode reinforces that consensus in Bitcoin emerges from broad network agreement, not just code changes. Meanwhile, Bitcoin's network activity remains strong, reflecting a healthy valuation relative to its price.
Bridger Aerospace reported a Q2 loss of $0.13 per share, missing the expected $0.01 loss, with revenue slightly down 1% year-over-year but up 16% excluding non-recurring work. Despite weaker profitability and a net loss of $0.5 million, the company m...
Cantor Fitzgerald downgraded Monday.com from Overweight to Neutral due to concerns about its near-term growth. The company forecasted third-quarter revenue of $368-370 million, below Wall Street's $372.8 million expectation, causing a stock drop. Des...
Hims & Hers Health, Inc. reported a second-quarter 2026 earnings per share (EPS) loss of $0.10, missing the expected loss of $0.05. However, the company exceeded revenue expectations with $753.21 million, above the $698.89 million estimate, driven by...
Shares of Bowman Consulting, Varex Imaging, and MarineMax jumped significantly after each announced all-cash acquisition agreements valued between $1 billion and $1.5 billion. Bowman Consulting agreed to be acquired by Bernhard Capital Partners for $...
Several companies including INNOVATE Corp., Lincoln Educational, and Bitdeer Technologies saw their stock prices drop by more than 20% despite reporting strong revenue growth and positive operational results. INNOVATE Corp. led the decline with a 39....
