Seeing Machines Ltd reported a swing to profitability in the second half of its financial year, driven by record automotive production volumes and a 135% rise in royalty revenue. Adjusted EBITDA for the six months to June is expected between $10.7 million and $11.7 million, reversing a $13.7 million loss in the first half. Full-year losses are forecast to narrow to $2-3 million, better than market expectations. Automotive production reached a record 2.11 million vehicles in Q4, with over 8.2 million cars now using its monitoring technology. The company also plans to refinance its convertible loan note before its October 2026 maturity, with audited results due by September-end.
Alignment Healthcare has been upgraded from Hold to Buy following a 38% valuation-driven price drop, despite strong operational performance. The company reported record-low medical benefits ratio, 31% membership growth, and 48% adjusted EBITDA growth...
Ethereum processes about 15 transactions per second, limited by its base layer. Rollups improve throughput by executing transactions off-chain and posting proofs back to Ethereum, maintaining security and decentralization. Optimistic rollups assume v...
Michael Burry, famed for his 'Big Short' trade, has taken a new short position against Palantir, estimating its intrinsic value below $1 despite the stock trading at $175.23. He highlights Palantir's high valuation at 69 times sales and growing off-b...
Bitcoin is stabilizing around $65,200 with short-term holders selling at a slight loss, indicated by the 30-day Short-Term Holder SOPR near 0.997. Long positions in futures have reached a record 361,000 BTC, worth about $23.4 billion, suggesting high...
Bitcoin Knots claimed the Bitcoin network was under attack after the BIP-110 fork stalled at block 961,633, but XRP Ledger architect David Schwartz criticized this framing as misleading. The BIP-110 branch, which split from Bitcoin's main chain, has ...
