Sohu.com Limited reported Q2 2026 revenues of $136 million, up 7% year-over-year, driven by a 10% rise in online game revenues. After reversing a $13 million tax expense, the company posted a small GAAP net income of $0.2 million, a significant improvement from prior losses. However, the company expects Q3 2026 to face net losses between $13 million and $23 million, with online game revenues forecasted to decline. Sohu continues to focus on refining its media platform and game content to drive future growth.
Grayscale's Zcash ETF (ZCSH) surpassed $500 million in assets just two weeks after its August 25 listing, driven by $70 million in outside inflows and a $100 million in-kind transfer from DCG International, an affiliate of the fund's sponsor. This me...
Strategy announced a $176 million buyback of its STRC shares and doubled its buyback capacity to $2 billion to reinforce support for its bitcoin-backed securities. The company holds over 845,000 bitcoins and $6.5 billion in cash, aiming to stabilize ...
FRP Holdings is considered a 'Strong Buy' as the market undervalues it compared to its net asset value and sum-of-parts analysis. The company's mining royalty segment generates cash flow without capital expenditure and is resistant to inflation, prov...
Alibaba is moving aggressively from traditional e-commerce to a comprehensive AI and cloud computing strategy, supported by significant insider buying. Its AI Cloud and Compute Services revenue grew 45% year-over-year, with adjusted EBITA soaring 133...
Bitcoin's price briefly surged past $82,000 but has since been stuck trading between $76,000 and $82,000. Strong spot demand driven by U.S. Spot Bitcoin ETFs and large investors like Strive supports the price, alongside a peak in Binance's derivative...
