Power Solutions International (PSIX) reported better-than-expected Q2 results with sequential improvements in revenue and margins, although revenue and earnings declined year-over-year. Strong demand in its core data center power systems segment helped offset weakness in oil & gas and industrial markets. The company’s valuation is attractive at 12.5x forward P/E, supported by recent earnings improvements and analyst upgrades to a BUY rating. Operational enhancements, the acquisition of MTL, and debt reduction are expected to improve PSIX’s earnings outlook, though near-term revenue visibility remains uncertain.
Solana (SOL) is trading around $103 after recovering above the $98 support level, maintaining a bullish but corrective consolidation phase. Bulls aim to break the key $110 resistance to trigger a stronger upward trend, with further targets near $146-...
Strategic Minerals PLC has secured an extension of two years for access to the Cobre magnetite stockpile in New Mexico, now lasting until 31 March 2031. This extension, agreed through a Third Amendment to the existing sales contract, ensures continue...
Rainbow Rare Earths has progressed its Uberaba project in Brazil to the pre-feasibility stage, collaborating with The Mosaic Company. The study, expected to complete in the second half of 2027, will evaluate an on-site plant processing 2.7 million to...
On September 6, a software bug in Blockstream's Elements node caused 3,996 BTC to be withdrawn from the Liquid Network's federation reserves, dropping reserves by 95% from about 4,200 BTC to 197 BTC. This was not a hack but a flaw that bypassed the f...
On September 1, 2026, Ripple released 1 billion XRP tokens valued at $1.38 billion from escrow, continuing its monthly unlocking routine. Despite this large release, XRP's price remained stable and even increased slightly, reflecting market confidenc...
