PhoenixTrade, a Solana-based perpetual futures decentralized exchange, surpassed $10 million in open interest for the first time, reaching as high as $11 million. This milestone came shortly after launching a $420,000 incentive program called Flight Club, which rewards users based on trading volume, open interest, and referrals over 28 days. The exchange offers gasless trading with very low fees of about 0.005% thanks to its unique 'crankless' on-chain order book design. However, the sustainability of this growth remains uncertain, as similar incentive programs often cause temporary volume spikes that may decline once rewards end.
Rio Tinto reported a 47% increase in first-half profit and a 28% rise in EBITDA to $14.8 billion, driven by strong copper and aluminum prices. Free cash flow surged 75%, supporting a higher interim dividend and prompting Goldman Sachs to upgrade the ...
Eagle Materials reported a record Q1 revenue of $651 million, exceeding analyst expectations by a significant margin. Although earnings per share (EPS) fell 13% year-over-year to $3.29, this figure still surpassed market estimates, indicating stronge...
Tyler Technologies is set to report Q2 2026 earnings with analysts projecting EPS between $3.05 and $3.09 and revenue around $647-648 million, marking significant year-over-year growth. Despite strong earnings expectations and a history of beating es...
JASIWAY has expanded its popular 4-in-1 Sleeper Chair collection with five new designs tailored to diverse modern American homes. The collection now includes styles like tartan wool blend, caramel faux leather, pet-friendly fabric, vintage-inspired b...
NXP Semiconductors reported Q2 earnings of $3.61 per share, surpassing estimates and showing significant growth from last year. Revenue reached $3.50 billion, beating expectations and continuing a trend of strong quarterly performance. The company’s ...
