SharpLink Gaming, backed by Ethereum co-founder Joe Lubin, will be included in the Russell 2000 and Russell 3000 indexes starting June 29. This inclusion could attract new passive investments from funds tracking these benchmarks, which cover about $12 trillion in assets. SharpLink holds nearly 873,000 ETH worth around $1.8 billion, making it the second-largest public Ethereum treasury. Despite a 95% drop in its stock price from last year's peak, the company sees the index inclusion as validation of its institutional-grade Ethereum treasury strategy and a way to improve access to capital markets.
Zip Co Ltd shares rose 17% after reporting a 46% profit increase to $116.4 million for FY26 and a 58% rise in cash earnings before tax, depreciation, and amortisation (EBTDA) to $268.9 million. The company expects FY27 cash EBTDA to grow by 26% to $3...
Rhelion Life Sciences' subsidiary Filament Health has signed a letter of intent with Darmiyan to explore using Darmiyan's FDA-authorized AI brain imaging platform, BrainSee, in clinical trials for Rhelion's psilocybin drug candidate PEX010. BrainSee ...
Walmart received nearly $3 billion in tariff refunds, which significantly boosted its quarterly profits and allowed the company to invest in lowering prices for customers. The refunds contributed a 750-basis-point net benefit to adjusted operating in...
Quanex Building Products reported Q2 revenue of $462.4 million, showing growth despite a decline in net income and cash flows due to higher costs and weaker volumes, especially in its Hardware Solutions segment. The company benefits from strong deman...
Moderna's stock surged 176.9% to $174.38 on August 19, 2026, boosting its market cap to about $69.6 billion. The company expects to end 2026 with $4.7-$5.2 billion in cash and investments, plus a $0.9 billion credit line. CEO Stéphane Bancel highligh...
