Strategy sold 1,638 bitcoins last week, raising $104.73 million and reducing its bitcoin holdings to 842,138 BTC. The company also issued 3.01 million common shares to raise $290.6 million, which funded preferred dividends, increased its USD reserve by $250 million to $4 billion, and repurchased 912,143 STRC preferred shares for $81.2 million. The preferred stock STRC maintains a 12% annual dividend rate, with no plans to reduce it unless the shares trade near their $100 value. The moves come amid a recent decline in bitcoin price to around $62,500, impacting Strategy's stock performance.
Linde reported record Q2 sales of $9.3 billion, a 9% increase year-over-year, and adjusted earnings per share rose 10% to $4.50, surpassing expectations. Growth was driven by higher prices, volume gains, and strong electronics sector sales, supported...
Sally Beauty Holdings reported Q3 2026 earnings with an EPS of $0.55, surpassing analyst estimates of $0.53 and marking growth from $0.51 a year ago. The company’s revenue was $935.49 million, slightly below expectations but showing modest year-over-...
Innovative Industrial Properties (IIPR), a REIT focused on cannabis industry properties, will report its quarterly earnings on August 3, 2026. Analysts expect earnings per share (EPS) of $1.02 and revenue of $67.96 million, signaling solid financial ...
AO, a Southern California architecture firm, earned a record 4 grand prizes and 24 merit awards at the 63rd Annual Gold Nuggets, a prestigious design competition. Their awarded projects include Bolsa Pacific, Opus, Luminary, and Independence at the P...
RBC Capital increased its price target for nVent Electric to $200, reflecting a 25.44% potential upside from its current price. The upgrade follows nVent's record Q2 sales of $1.47 billion, a 53% year-over-year increase driven by strong demand from A...
