Ondo Finance has requested US regulators to permit perpetual futures tied to individual stocks to be traded onshore, citing $8 billion in trading volume on its offshore platform within six weeks. The company argues that existing US security futures rules can cover these contracts, which have no fixed expiration but use funding payments to track underlying stock prices. Ondo proposes using current regulatory frameworks rather than creating new categories, aiming to provide US investors regulated access to these products. The SEC and CFTC are reviewing rules for onchain derivatives, and Ondo's proposal could influence future regulatory approaches to blockchain-based securities and futures.
PHINIA's CEO Ericson Brady D sold 27,860 shares in two transactions, reducing his holdings to 330,497 shares. The company, a key automotive parts supplier, has a Price-to-Earnings ratio of 19.32 and an earnings yield of 5.21%, indicating steady inves...
Rezolve AI reported a massive 1,970% revenue increase to $130.8 million in H1 2026 but saw its net loss widen to $139.5 million. Roth Capital lowered the price target from $9.50 to $6.50 while keeping a Buy rating, reflecting confidence despite losse...
Sprinklr reported Q2 2027 earnings per share of $0.11, beating analyst estimates by 10%, continuing a four-quarter streak of profit outperformance. Although total revenue of $213.74 million slightly missed the $214.45 million estimate, it still grew ...
Argan, Inc. is set to release its Q3 earnings with analysts expecting an EPS of $2.64 and revenue of $300.53 million. The company recently exceeded earnings and revenue estimates by 42.7% and 15.2%, driven by strong demand in power services. With a $...
Public Storage reported Q2 2026 core Funds From Operations (FFO) per share of $4.17, slightly missing analyst estimates by 1.9% due to a 2.2% drop in same-store net operating income. Despite this, the company completed a $1.2 billion acquisition of P...
