BlackRock MuniAssets Fund announced a transferable rights offering at a 1-for-3 ratio, expiring August 20, 2026. The subscription price is set to the higher of 95% of the market price or 90% of the net asset value, limiting dilution to a maximum 10% discount. The fund's adviser fully covers offering expenses, aligning management interests with shareholders and minimizing impact on the fund. Investors may consider a "sell and rebuy" strategy, as market prices often approach the discount floor during such offerings. This move aims to capitalize on attractive high-yield municipal bond opportunities.
BitFuFu Inc. reported a Q2 2026 earnings per share of -$0.02, missing estimates and showing a 100% earnings surprise. Revenue fell 62.9% year-over-year to $42.8 million, driven by a 27.5% drop in Bitcoin price and lower demand for cloud mining, resul...
Sensus Healthcare reported a sharp decline in Q2 revenue to $2.3 million, down from $7.3 million last year, due to delayed financing for its SRT-100 medical devices. The company has severed ties with the problematic bank causing the delays and expect...
Duos Technologies Group (DUOT) has sold its rail technology subsidiary to focus on the AI data center market, securing over $500 million in five-year hosting service contracts with Axe Compute Inc. The company reported Q2 earnings per share of $0.66 ...
Shopify reported strong Q2 2026 earnings, surpassing analyst expectations thanks to significant growth in AI-driven commerce. AI-driven traffic and orders to Shopify stores tripled year-over-year, boosting confidence in the company's AI innovation. S...
Freightos Limited reported Q2 results surpassing expectations with an EPS of -$0.03 versus -$0.05 expected and record revenue of $7.7 million, driven by a 19% increase in core platform revenue. The company narrowed its adjusted EBITDA loss to $2 mill...
