Signify reported first quarter 2026 sales of EUR 1,274 million with an adjusted EBITA margin of 6.5%, down from 8.0% the previous year, amid ongoing market softness. The company generated EUR 47 million in free cash flow and net income of EUR 8 million, impacted by restructuring costs of EUR 63 million related to a cost reduction program. Signify also launched its Brighter Lives, Better World 2030 program to promote energy-efficient lighting. Despite challenging market conditions, Signify confirmed its full-year guidance for adjusted EBITA margin between 7.5-8.5% and free cash flow generation of 6.5-7.5% of sales, while withholding full-year sales guidance due to market uncertainty.
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
Bitcoin (BTC) is showing signs of recovery after a prolonged downtrend, breaking above its 26-day and 50-day exponential moving averages (EMAs) near $63,400 and $64,100 respectively. This technical rebound suggests strengthening short-term momentum a...
Fundstrat's Granny Shot US-Small & Mid-Cap ETF (GRNJ) has delivered strong year-to-date returns, beating similar ETFs like VOT and VOO despite its higher 0.75% expense ratio. The fund targets stocks at the intersection of major secular trends, partic...
ETHSystems, a new Ethereum-focused non-profit backed by Bitmine Immersion Technologies and Ethereum co-founder Joe Lubin, aims to enhance privacy on the Ethereum network for institutional use. This marks the third non-profit stepping in as the Ethere...
