Raspberry Pi Holdings PLC has upgraded its full-year profit outlook following a stronger-than-expected first half of 2026, with adjusted EBITDA now expected to reach at least $38 million. The company shipped over 4 million units in the first six months, driven by growth in volumes, a favorable product mix, and strategic use of low-cost DRAM inventory purchased in 2025. Despite rising DRAM prices, demand remains robust, though unit economics may moderate in the second half as cheaper inventory depletes. Raspberry Pi plans to focus on gaining market share and strengthening customer relationships while securing memory supplies and using debt facilities to capitalize on buying opportunities.
Cullinan Therapeutics presented initial Phase 1 clinical data for CLN-978, a CD19xCD3 T cell engager, showing clinical benefits including remissions in patients with systemic lupus erythematosus (SLE) and rheumatoid arthritis (RA). The drug demonstra...
Zcash developers fixed a serious vulnerability in the Orchard Pool that could have allowed counterfeit coins within its private transaction system. Experts like Dragonfly's Haseeb Qureshi argue the risk to users and investors is limited since fake co...
Bitcoin briefly fell below $60,000, triggering about $3 billion in liquidations over two days, mostly from long leveraged positions. This sharp deleveraging reset market positioning and revealed key liquidity zones around the $60K level, a psychologi...
Arbitrum's ARB token has fallen below a crucial support level that had held since March, signaling increased selling pressure in a weak crypto market. Despite the decline, whale transactions and trading volume have surged, indicating active market pa...
Worldcoin (WLD) price plunged 28% after Arthur Hayes disclosed that Maelstrom had exited its entire WLD position, wiping out much of the token's recent rally. Hayes, who had previously supported WLD due to AI enthusiasm, reversed his stance citing ma...
