Brookfield Renewable reported a 19% year-over-year increase in funds from operations (FFO) to $375 million, with a 15% growth in per-unit FFO. The company is reviewing a merger between its BEP and BEPC units to enhance liquidity and improve index eligibility, with updates expected later this year. About 70% of Brookfield Renewable's revenues are indexed to inflation, which should support earnings amid rising inflation, though investors may seek higher yields on its securities. Despite strong long-term prospects in clean energy, BEP and BEPC have shown divergent stock performance recently, with BEPC down 11% over six months.
A newly created crypto wallet placed a $2.25 million, 10x leveraged long bet on 20 million Dogecoin (DOGE), signaling strong confidence in a price rise. This leveraged position has a liquidation price just under 10% below the current DOGE price, mean...
Greg Brockman, co-founder and president of OpenAI, is now officially leading the company's product strategy, stepping in during CEO Fidji Simo's medical leave. He plans to unify ChatGPT and Codex into a single product experience, focusing on both con...
Netflix's ad-supported subscription tier has grown to over 250 million monthly active viewers worldwide, a massive increase from 70 million in 2024. This audience size rivals the population of Brazil, making advertising a major revenue driver for the...
Klarna reported strong Q1 2026 results, with revenue reaching $1.012 billion, up 44% year-over-year, surpassing estimates by $68.13 million. The company also improved its transaction margin by 44% to $389 million and turned net income positive, repor...
Ripple has secured ten major bank partnerships in 2026, including Deutsche Bank and JPMorgan, but XRP's price has dropped 41% since January. The reason is that most deals use Ripple's stablecoin RLUSD for settlements, which doesn't require XRP, limit...
