Strategy's chairman Michael Saylor posted a new 'Doing Business' chart, sparking speculation that the company may resume Bitcoin purchases. The firm holds 842,138 BTC valued at $54.66 billion but faces a $9 billion unrealized loss due to market dips. With $4 billion in cash available after recent BTC sales used for buybacks and dividends, Strategy is well-positioned to buy more Bitcoin at current prices below its average cost. This move would follow the company's history of dollar-cost averaging during market downturns.
Palantir reported a remarkable 92.83% revenue increase driven by strong U.S. commercial and government AI deployments, raising its FY26 revenue guidance to about $8.15 billion. Salesforce posted a steadier 13.27% revenue growth, fueled by its Agentfo...
Toast CEO Aman Narang sold 138,000 shares of the company, raising $4.9 million. This sale comes as Toast's stock price has fallen 24%, signaling potential concerns or profit-taking by insiders. The move may impact investor sentiment and raise questio...
Ralph Lauren reported its fourth consecutive quarterly earnings per share (EPS) beat, showcasing resilience and effective growth strategies. The company experienced strong top-line growth, particularly in Asia and North America, and improved operatin...
First Busey, a regional bank based in Kansas, posted a 30% year-over-year increase in net income attributable to common shareholders, supported by stable net interest income, lower expenses, and reduced loan loss provisions. The bank maintains a cons...
Bitcoin exchange-traded funds (ETFs) listed in the U.S. attracted $853.54 million in net inflows for the week ending August 7, marking the largest weekly inflow since mid-April. BlackRock's IBIT ETF accounted for the majority of this surge, drawing $...
