Presidio Property Trust announced a net loss of approximately $130,000 for Q1 2026, a decline from $1.7 million net income in Q1 2025, mainly due to lower rental revenues following the sale of Dakota Center and increased interest expenses. The company sold one commercial property and five model homes, generating gains, and is actively reducing general and administrative costs, including salary cuts and headcount reductions. Despite the loss, tenant retention remains strong, and management expects interest expenses to decrease throughout 2026. The company continues to seek new model home investments in promising markets focused on technology and AI sectors.
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
