Pagaya Technologies reported strong Q2 2026 results with 33% growth in network volume and 43% growth in adjusted EBITDA, driven by its AI-powered lending platform. Operating expenses fell by 6%, boosting the adjusted EBITDA margin to 32%, signaling scalable profitability. Despite risks like credit exposure and margin pressure, the analyst keeps a Strong Buy rating and adjusts the price target from $74 to $67 due to increased share count and net debt. The stock trades at a 15x forward EV/EBITDA multiple, reflecting confidence in its operating performance.
Cambium Networks announced that its ePMP 4000 Series has shipped over 220,000 radios globally, including 50,000 6 GHz radios in North America. The new ePMP Software Release 5.12, available as a free upgrade, improves performance and offers a cost-eff...
Baidu announced its Q2 2026 unaudited results with total revenue of RMB 31.3 billion, down 4% year-over-year, driven by a 25% increase in its core AI-powered business revenue to RMB 12.5 billion. AI Cloud Infra revenue surged 50% year-over-year, with...
Focus Graphite's Chairman Jeff York is converting the final C$835,000 of his loan to the company into 1.67 million shares at C$0.50 each, strengthening the company's financial position without cash outflow. This move aligns his interests with shareho...
Kainos Group PLC expects annual revenue and adjusted profit before tax to exceed market forecasts, driven by strong performance in its Digital Services and Workday divisions. The company has secured significant new client contracts and maintains a su...
Solana's Agave 4.2 upgrade, activated on mainnet starting August 17, 2026, introduces three key improvements: a 90% reduction in on-chain storage rent, a 3.3-fold increase in maximum transaction size, and a staged reduction of slot time from 400ms to...
