Tutor Perini reported strong Q2 2026 results with record revenue of $1.64 billion, up 19% year-over-year, and construction income rising 54% to $117.7 million. The company is shifting to higher-margin megaprojects, boosting profitability and cash flow. Management raised its 2026 adjusted EPS guidance to $5.15–$5.45 and expects significantly higher EPS in 2027, supported by a strong backlog. The analyst reiterates a Strong Buy rating with a $125 price target, citing attractive valuation and growth potential, while noting risks in project execution and cash flow timing.
Mastercard is set to participate in a 36-hour XRP Ledger hackathon in New York starting October 24, just before Ripple's Swell conference. This involvement is seen as a strong positive signal for XRP, potentially attracting more developer interest to...
Ripple Prime has launched its Delta One business, offering total return swap trading across U.S. equities, indices, and digital assets for institutional clients. Backed by over $1 billion in regulatory capital, it competes with major Wall Street prim...
Gold and silver prices edged lower in early U.S. trading as firm U.S. Treasury yields and a steady dollar limited gains despite bargain hunting after a post-inflation data pullback. Gold traded near $4,588.50 an ounce, down 0.10%, and silver near $67...
Rocket Lab Corporation reported its best quarter ever with record Q2 revenue, backlog reaching $2.4 billion, and strong gross margins. The company's defense segment is growing independently with $456 million in suborbital contracts, showing competiti...
Cardano has introduced Cardano Lightning, a new state channel system inspired by Bitcoin's Lightning Network, currently in pre-production. It enables fast, bidirectional payment channels allowing two parties to transact directly with low or zero fees...
