Revolut has started rolling out its first stablecoin, EURR, pegged to the euro, to selected customers in Denmark, Poland, and Portugal, with plans to expand across the European Economic Area (EEA) later in 2026. EURR is issued by Bridge Building under the EU's MiCA regulations and initially operates on Ethereum, with future support for multiple blockchains and external wallet transfers. This launch replaces Revolut's previous use of USDT in Europe, aligning with new regulatory standards and offering customers a euro-denominated onchain asset integrated into Revolut's retail app. Revolut aims to develop additional stablecoins tied to other currencies and continues to expand its regulated crypto and banking services globally.
Malibu Boats reported Q4 earnings per share of $0.92, surpassing analyst estimates of $0.78, alongside revenues of $295.54 million, exceeding the $263.89 million forecast. The company saw a 42.7% increase in net sales year-over-year, driven by a 19.2...
IREN Limited is set to report earnings showing a significant revenue drop from $187.3 million to around $132-142 million year-over-year, with an expected loss per share of approximately -$0.55 compared to last year's profit. The company faces challen...
Rivian announced that its CFO, Claire McDonough, will resign at the end of October to pursue a new opportunity and move closer to her family on the East Coast. The company stated her departure is not due to any disagreement and has appointed Derek Mu...
John LaForge, Chief Alternative Strategist at Ned Davis Research, says gold's long-term price trend remains upward due to mounting global government debt and central banks increasing gold reserves. He argues that gold prices will peak only when gover...
EyePoint, Inc. is under investigation by Pomerantz LLP for potential securities fraud following the announcement that its Phase 3 trial for DURAVYU™ failed to meet the primary endpoint of improving visual acuity compared to a competitor drug. This ne...
