Molson Coors Beverage Company is rated a Strong Buy due to its undervalued stock price despite challenges like declining volumes and consumer weakness in the US. The company reported resilient free cash flow and a stable balance sheet in Q2, reaffirming its 2026 targets of $1.1 billion underlying free cash flow, $650 million capital expenditure, and $450 million in cost savings through 2029. With a dividend yield near 4.5% and share buybacks, the total annualized shareholder yield is about 10%, making it attractive for investors awaiting a potential stock re-rating.
Jane Street disclosed owning more than $1 billion in U.S. spot Bitcoin ETF shares as of June 30, 2026, with about $828 million invested in BlackRock's iShares Bitcoin Trust (IBIT). This represents a significant rebound from the previous quarter when ...
Bitcoin climbed above $64,000, marking the only major cryptocurrency with a notable daily gain while others slipped or stayed flat. Publicly listed bitcoin miners have reduced their computing power by 21% over three quarters to shift capacity towards...
Jeonbuk Bank, a regional South Korean bank, has replaced the traditional SWIFT network with Ripple Payments to improve the efficiency of its cross-border transactions. This marks Ripple's third partnership in South Korea in 2026, highlighting its gro...
Mercury NZ Limited reported a 36% increase in EBITDAF to $1,068 million for fiscal year 2026, fueled by higher renewable energy production and strict cost management. Operational expenses were reduced by $26 million from the previous year, meeting th...
Ecopetrol, through its subsidiary Ecopetrol Investimentos, completed the acquisition of a 51% controlling stake in Brava Energia for approximately $1.2 billion. This strategic move expands Ecopetrol's footprint in Brazil, enhancing its portfolio with...
