Norsk Hydro reported solid Q2 2026 results, with revenue up 6% to NOK 56.49 billion and adjusted EBITDA rising 15% to NOK 8.92 billion. The company is transforming into a vertically integrated, low-carbon aluminum leader, leveraging renewable energy and recycling assets. Hydro benefits from European aluminum scarcity, regional premiums, and long-term power contracts, supporting disciplined capacity expansion. Despite strong fundamentals and strategic positioning for low-carbon demand, Norsk Hydro trades at a valuation discount, suggesting potential upside for investors.
Cadillac Mines Corporation announced the pricing and upsizing of its initial public offering (IPO) to approximately CA$385 million, selling 47.1 million common shares at CA$6.90 each and 6.3 million special accretive shares at CA$9.52 each. The incre...
Cadillac Mines Corporation has priced and upsized its initial public offering to $385 million, selling 47.1 million common shares at $6.90 each and 6.3 million special flow-through shares at $9.52 each. The offering includes a treasury sale raising a...
Bitcoin's recent price recovery from $57,800 to $65,777 has tightened losses for short-term holders to about -4%, close to their $68,800 cost basis. This shift may encourage holders to retain their coins longer, reducing market supply and supporting ...
Galaxy Digital's subsidiary, Galaxy Helios Data Centers II LLC, has priced a $3.507 billion private offering of 9.875% senior secured notes due 2031. The funds will finance the development of two data center buildings in Dickens County, Texas, with 4...
Kaia has formed a strategic partnership with Japanese consultancy Pinoject to advance stablecoin and tokenization projects in Japan. Pinoject will help Kaia navigate Japan's strict regulatory environment, ensuring compliance with licensing and anti-m...
