Contango Holdings, a London-listed natural resources firm, saw its shares rise 8% following a £5 million share subscription by Huo Investments and Pacific Goal Investments Limited. The two investors acquired over 450 million new shares at a premium, gaining a combined 50.1% stake in the company. The funds will be used to clear outstanding loans and support general working capital. CEO Danny dos Santos highlighted that the company’s shift to a royalty model has cut costs, enabling dividend payments to start in 2027, with a minimum $2 million dividend expected before year-end.
US spot Bitcoin exchange-traded funds (ETFs) attracted $242.3 million on August 27, marking their ninth consecutive day of net inflows and bringing the total to about $3.04 billion since August 17. BlackRock's iShares Bitcoin Trust led inflows with $...
OpenSea has partnered with Perplexity Computer to provide live cross-chain market data covering over 25 blockchains. This integration allows Perplexity's AI to answer user queries about token and NFT trading activity using real-time onchain data from...
Gaming and Leisure Properties (GLPI) was upgraded to Strong Buy due to its strong Q2 results and a raised AFFO guidance of $1.219–$1.225 billion. The company maintains a solid balance sheet with 4.8x leverage and offers a highly attractive, sustainab...
Chainlink (LINK) has gained 5.11% in 24 hours, trading near $11.89 with strong support at $11. A bullish pennant pattern suggests a possible breakout toward $15 if volume confirms. Charles Schwab announced it will add LINK, along with Solana and Aval...
Marvell Technology's shares fell 8% in premarket trading after its fiscal 2028 revenue outlook, projecting about 50% growth to $18 billion, fell short of investor expectations fueled by a recent Google partnership. The chipmaker reported a 37% year-o...
