Strategy, the largest corporate bitcoin holder, posted an $8.2 billion net loss in Q2 mainly from an $8.32 billion unrealized markdown on its bitcoin holdings. Despite the loss, it holds 843,775 bitcoins valued at $54.8 billion, down from a $63.7 billion acquisition cost. The company raised $17.06 billion this year via stock offerings and repurchased $1.5 billion in convertible notes at a discount. It has built a $3.75 billion cash reserve to cover over two years of preferred dividends and interest, started selling some bitcoin to fund dividends, and is expanding its Digital Credit business. A $1 billion share buyback program was also authorized but not yet executed.
DBV Technologies announced a $50 million capital raise through the issuance of new American Depositary Shares (ADS) under its At-The-Market (ATM) program on Nasdaq. The placement involves issuing 3.66 million ADS, each representing five ordinary shar...
Cinemark's price target was increased to $40 from $35 following a record second-quarter revenue of $1.09 billion and earnings per share of $1.19, both surpassing analyst expectations. This reflects a strong recovery in the movie theater industry, dri...
Investment firm UBS downgraded Alphabet Inc. stock to "Hold" due to delays in its AI model Gemini 3.5 Pro and increased competition from Microsoft, which reported strong AI and cloud growth. Alphabet is also under investigation for potential securiti...
Amazon reported strong Q2 2026 earnings, surpassing analyst expectations with an EPS of $1.88 and revenue of $200.61 billion, marking its first quarterly revenue above $200 billion. The growth was mainly fueled by a 26% increase in advertising revenu...
Top stock gainers surged due to strategic acquisitions and successful project deliveries. PN Smart Energy's shares jumped 120.80% after acquiring full equity in Nanjing Cesun Power, advancing its global power producer ambitions. T3 Defense rose 69.22...
