CION Investment Corporation reported Q2 2026 net investment income of $0.29 per share, which did not cover its $0.30 per share dividend despite a recent cut. The company faces high non-accruals and underperforms compared to its Business Development Company peers, making its common stock unattractive currently. Management plans to retire $270 million in debt to improve asset coverage and credit quality, which makes CICB notes appealing for moderate exposure. However, close monitoring is advised, and the common stock is not recommended as an investment at this time.
TORM achieved its strongest quarterly results in Q2 2026 with net profit soaring to USD 338 million, driven by unprecedented freight rates due to geopolitical tensions disrupting oil trade. The company raised its full-year 2026 earnings guidance by U...
XRP's price jumped 44% over seven days, briefly surpassing $1.50 before settling near $1.44, outperforming Bitcoin and other major cryptocurrencies amid a broader market rally. This surge coincided with increased leverage on Binance, hitting the high...
Greenbrier reported continued financial performance decline in Q3 2026, with worsening revenue and earnings outlook in the near term. However, the drop in share price may present a buying opportunity for investors anticipating a recovery. Immediate f...
Ethereum's price surged more than 30% since mid-August, approaching the key $2,500 resistance level. Large investors like Bitmine and Tom Lee accumulated 34,000 ETH, while spot Ethereum ETFs saw $1.06 billion inflows in August, the highest in a year....
Hochschild Mining more than doubled its adjusted earnings in the first half of 2026, driven by a surge in gold and silver prices despite lower production and higher costs. Adjusted EBITDA rose 119% to $491.5 million, revenue increased 62% to $844.4 m...
