Michael Saylor hinted at a potential new Bitcoin purchase by Strategy after its market NAV dropped below 1, meaning the company trades below the value of its Bitcoin holdings. This challenges Strategy's previous model of buying Bitcoin funded by issuing shares at a premium. Investors are now watching whether Strategy will continue buying Bitcoin despite the valuation discount or focus on restoring its market premium first. The company's use of preferred shares adds complexity, as issuing them at a discount raises costs, making future Bitcoin purchases more scrutinized.
Union Pacific and Canadian National Railway (CN) have signed a binding agreement to improve rail service across North America. The deal expands Union Pacific's operating rights on CN's Elgin, Joliet and Eastern corridor near Chicago and grants CN new...
Oak Valley Bancorp reported a Q2 2026 net income of $5.1 million, slightly down from previous periods due to higher expenses and lower non-interest income. Loan growth and improved loan yields increased net interest income, while non-performing asset...
CNBC and Statista included Ripple among the top fintech companies of 2026, highlighting its role in advancing blockchain infrastructure for payments and financial services. Digital assets are increasingly institutionalized, with Ripple expanding regu...
Moody's Corporation reported strong second-quarter results with adjusted earnings per share of $4.68, beating estimates by over 10%. Quarterly sales rose 15% to $2.19 billion, driven by a 25% revenue increase in Moody's Investors Service and 4% growt...
Guidewire Software, a provider of cloud-based software for property and casualty insurers, is experiencing strong growth due to its successful transition to cloud services. Its revenue grew 27% year-over-year, with subscription and support services n...
