Wedbush downgraded Globant to a Neutral rating with a $37 price target after Q2 results showed mixed signals. The company missed earnings per share estimates at $1.40 but exceeded revenue expectations with $614.42 million, marking the fourth consecutive quarter of revenue growth. Globant's free cash flow improved significantly to $12.60 million from a negative figure last year, driven by strong momentum in its Glob.AI platform, whose Annual Recurring Revenue rose 61% to $52.80 million. The company expects ARR to surpass $110 million by the end of 2026, indicating promising future growth despite the cautious analyst outlook.
USELESS coin surged about 38% in one day, driven by over $500 million in capital inflows into its perpetual market and strong long positioning. This bullish momentum extends a 183% gain over the past week, reflecting solid investor interest. However,...
Endeavour Mining is highlighted as a promising gold investment due to its strong free cash flow and a clear growth catalyst in the Assafou project. The company’s self-funded capital expenditure cycle, solid cash generation, and healthy balance sheet ...
OM Holdings held a webinar to discuss its first-half 2026 financial results, emphasizing its position as a leading manganese and silicon producer with over 30 years of experience. The company highlighted its flagship smelter in Sarawak, which benefit...
MercadoLibre leads Latin American e-commerce and fintech, with its Mercado Pago fintech platform now the main growth driver, surpassing e-commerce in key markets. The company continues to invest heavily in logistics and platform improvements to maint...
ServiceNow is emerging as a leader in agentic AI with a broad product range and strong enterprise integration. Its AI adoption is accelerating, with AI annual contract value exceeding $1 billion in Q2 and a ninefold increase in customer deployments o...
