Scotiabank increased its price target for Nexxen to $13 from $11 following the company's record second-quarter financial results. Nexxen exceeded expectations with strong connected TV (CTV) revenue and programmatic revenue, reporting a Contribution ex-TAC of $97.80 million, up 11% year-over-year. The company also raised its full-year guidance for the third time, driven by growing enterprise customer adoption and strategic investments in AI and platform integration. This upgrade reflects confidence in Nexxen's continued growth in the advertising technology sector.
AeroVironment secured a significant LOCUST laser contract worth over $400 million, strengthening its financial position with $632 million in cash and $834 million in debt. This contract win is expected to increase the company's 2027 revenue guidance ...
Tokenized gold, especially Tether Gold (XAUT), has regained strong attention in crypto markets, with increased activity across decentralized exchanges, lending platforms, and leveraged futures. XAUT and PAXG lead gold-backed assets on decentralized e...
The Bank for International Settlements (BIS) has conducted tests on the XRP Ledger, highlighting its growing capabilities. Ripple CEO Brad Garlinghouse expressed that this was expected due to the XRP Ledger's low fees, fast settlement, and proven tra...
Private equity firms are increasingly acquiring Real Estate Investment Trusts (REITs), often paying significant premiums. This trend suggests that many REITs may be undervalued compared to the private market value of their properties. The article hig...
Alarm.com Holdings reported quarterly revenue nearly 10% above expectations, highlighting strong business fundamentals. Despite this impressive top-line growth, Wall Street showed little reaction, suggesting a disconnect between the company's perform...
