LexinFintech is set to release its Q2 2026 results on August 31 amid low investor expectations due to earnings pressure and rising delinquency rates despite topline growth. The company's shift toward non-consumer finance and ecosystem businesses now accounts for over half of its volume, but concerns over net margin contraction and asset quality remain. Trading at a low valuation of 1.3x forward 2027 earnings, LexinFintech's stock is expected to trade sideways near $1 per share, with limited upside due to macroeconomic and operational uncertainties, while downside risks are somewhat cushioned by share repurchases.
Vaneck reports that Bitcoin's prolonged 11-month price correction might be nearing its end, with 8 out of 12 capitulation signals currently active. Long-term holders have sold 356,000 BTC in the past 30 days, reducing their supply share below 60%, a ...
Decred has released a mandatory software update, version 2.1.6, to fix a critical consensus vulnerability, prevent a potential deanonymization attack on its transaction mixing system, and address several network denial-of-service risks. The patch is ...
Ithaca Energy's shares rose nearly 6% following strong first-half 2026 results, with revenue increasing to $1.69 billion and net income turning positive at $127 million. Production hit a record 131,000 barrels per day in Q2, supporting full-year guid...
Shares of Spain's Deoleo surged over 17% following reports that Spanish agri-food cooperative Dcoop has offered €470 million ($545 million) to acquire the olive oil giant. This bid leads a competitive takeover involving firms from Italy, France, and ...
Solana (SOL) is approaching a 'mini golden cross,' a bullish technical indicator where short-term moving averages converge, for the first time since 2025. Currently trading around $77, SOL's recent price momentum shows signs of recovery after falling...
