Powell Industries reported a 6% revenue increase to $297 million for Q2 FY2026, driven by growth in commercial, electric utility, and oil & gas markets. New orders surged 97% to $490 million, including multiple mega orders over $75 million and a record $400 million data center order post-quarter. Backlog rose 33% to $1.8 billion, supporting strong future revenue visibility. Despite a slight 1% net income decline to $45.9 million due to higher expenses, the company remains optimistic about continued market demand and plans capacity expansions to meet growth.
SharpLink CEO Joseph Chalom warned that Ethereum's proposed EIP-8363, which would burn a portion of validator rewards as staking increases, might harm DeFi liquidity, raise borrowing costs, and discourage institutional ETH ownership. The proposal aim...
Hyperliquid (HYPE) spot ETFs reversed a three-week outflow streak by gaining $2.84 million in net inflows for the week ending August 7, bringing total inflows since launch to about $280.8 million. This recovery coincides with a broader crypto ETF reb...
Pi Network's price rose 2.8% to about $0.0910, outpacing Bitcoin's modest gains as the crypto market sentiment improves. The upcoming Protocol 26 upgrade, which enhances security and interoperability, along with potential exchange listings, is drivin...
Bitcoin has been stuck near half its October 2025 peak due to limited capital inflows and has tested a key resistance level multiple times without a decisive breakout. Recent technical indicators like a bullish MACD crossover and strong buying volume...
Bitcoin's BIP-110 proposal has entered its signaling phase after block 961,632, aiming to restrict certain non-financial data in transactions. Miner support remains very low, below 3%, far from the 55% needed, while node operators may enforce the cha...
