Onafriq, Africa's largest payments network, is scaling its use of the USDC stablecoin to facilitate faster, cheaper cross-border settlements across over 40 African markets. This move aims to bypass the costly and slow correspondent banking system that currently causes $5 billion in annual fees on intra-African transactions. By integrating Circle's USDC via API, Onafriq reduced the rollout time from six months to just six weeks, enabling banks, fintechs, and mobile money operators to settle payments more efficiently without overhauling existing systems. The company emphasizes regulatory compliance and financial inclusion as it builds out its stablecoin infrastructure alongside partners like Conduit and Privy.
CrowdStrike is set to release its earnings report on August 26, 2026, with analysts expecting an EPS of $0.29 and revenue of $1.44 billion, marking a 23.2% increase from last year. The company is known for its cloud-based Falcon platform that uses ma...
Abercrombie & Fitch Co. reported strong Q2 earnings with EPS of $2.42, surpassing analyst estimates of $1.99, and revenues of $1.27 billion, beating the $1.25 billion forecast. The better-than-expected results were driven by improved demand across ma...
Salesforce is set to report quarterly earnings with analysts expecting $3.27 EPS and $11.33 billion in revenue, reflecting around 11% revenue growth and 12% earnings growth. Investors are focused on the company’s organic growth and the impact of its ...
Benchmark analyst firm reaffirmed a "Buy" rating for Wix.com, raising its price target from $90 to $110, indicating a potential 27% upside from the current $86.06 share price. This bullish outlook comes amid a securities class-action lawsuit accusing...
NVIDIA is set to report its Q2 fiscal 2027 earnings with analysts predicting adjusted EPS of $2.09 and revenue around $92.27 billion, nearly doubling last year's $46.74 billion. This surge is driven by robust demand for AI infrastructure and data-cen...
