Better Mortgage and Coinbase have launched a new mortgage product in the US allowing homebuyers to use Bitcoin as collateral for down payments without selling their crypto. Applicants must pledge Bitcoin worth at least 250% of the down payment loan, held in custody until the mortgage is paid off. The loan combines a conventional mortgage with a Bitcoin-backed down payment loan, sharing the same interest rate and repayment schedule. Market fluctuations in Bitcoin do not trigger margin calls, but missed payments over 60 days can lead to Bitcoin liquidation. This product aims to help buyers who have credit but lack liquid cash, with significant initial interest and over $260 million in anticipated loan demand from a waitlist.
Best Buy reported a strong fiscal Q2 2027 with revenue up 3.6% to $9.78 billion and comparable sales rising 4.1%, surpassing expectations. Adjusted diluted EPS increased 15% to $1.47, helped partly by $34 million in tariff refunds. Following these re...
BP, a major global energy company, is actively managing its portfolio by potentially selling oil and gas assets in Egypt to Energean and investing in new projects like a Halliburton contract in Brazil's offshore field. This strategic move aims to enh...
Pernod Ricard reported Q4 2026 earnings per share of $0.42 and revenue of $4.90 billion, both surpassing analyst expectations. However, the company faces significant organic sales declines of 14% in the US and 19% in China due to weak consumer demand...
BYD Company Limited is expected to report strong Q2 earnings driven by robust electric vehicle sales and growing exports. The company surpasses Tesla in gross profit margins and delivery volume, highlighting its competitive edge. BYD's strategic focu...
Diodes Incorporated's stock surged 19.27% over the past 30 days, showing strong market momentum despite a recent 12.30% pullback in the last 10 days. This decline has brought the stock to a local low, potentially attracting investors looking for entr...
