Telsey Advisory maintained a Market Perform rating for RH, a luxury home furnishings company, after its mixed Q2 results. RH reported strong earnings of $2.70 per share, beating estimates significantly, but its revenue of $922.15 million fell short of expectations. The company benefited from a $55 million tariff refund, which helped offset supply chain costs driven by rising oil prices. Despite the earnings beat, RH faces challenges from weak housing demand and inflation, leading it to focus on reducing its high debt levels. This cautious outlook supports the maintained neutral rating and a raised price target from $140 to $155.
Particula has assigned a AAA-rating to WisdomTree Treasury Money Market Digital Fund (WTGXX), a $1.2 billion tokenized money market fund. The fund invests in short-term U.S. Treasury securities and government money market funds, aiming to preserve ca...
AlphaPepe's cryptocurrency presale has surpassed 12,500 holders and raised nearly $3 million before its first public exchange listing, signaling strong community growth. More than 100 new holders join daily, with a fifth centralized exchange (CEX) pa...
ZenaTech announced a 27.1% organic revenue growth in its Drone as a Service (DaaS) operations in 2026, driven by integrating AI and drones into surveying and inspection workflows. The company expects Q3 2026 revenues between C$13.4 million and C$14.8...
Nvidia CEO Jensen Huang has reaffirmed his long-standing forecast that global spending on AI infrastructure will surge to between $3 trillion and $4 trillion by 2030. This projection highlights the massive growth potential in the AI sector, driven by...
Schall, Brown & Schwartz LLP has announced a class action lawsuit against Ryde Group Ltd. for violating securities laws by making false and misleading statements. The lawsuit alleges that Ryde was involved in a stock promotion scheme using fraudulent...
