An Abu Dhabi National Oil Company (ADNOC) vessel was targeted by a missile while passing through the Strait of Hormuz, a critical shipping route. No injuries were reported, and the situation is under control. Iran's Islamic Revolutionary Guard Corps stated the strait would only reopen if the U.S. meets Iran's conditions, complicating ongoing negotiations with Oman. The incident has heightened global energy supply concerns, pushing oil prices up as talks to ensure freedom of navigation remain unresolved.
Warpaint London PLC's shares fell 14% following a 17.8% decline in first-half sales to £40.5 million, driven by weaker consumer spending and cautious retailer orders. Despite a 36.4% drop in adjusted EBITDA to £6.8 million and a 33.2% fall in pre-tax...
Laureate Education reported a 17.5% year-over-year revenue increase to $615.9 million in Q2 2026, driven by strong enrollment growth in Mexico and Peru. The company also saw robust net income and cash flow improvements. Management raised revenue and ...
The XRP Ledger has entered a 14-day activation period for the PermissionDelegationV1_1 upgrade after 29 of 35 trusted validators supported it. This upgrade allows accounts to delegate specific permissions without giving full control of their keys, im...
SiTime is rated a buy due to its underestimated earnings potential and ability to exceed conservative market estimates. The company’s competitive advantage lies in its MEMS-based timing technology, fast delivery, and exclusive focus on timing solutio...
Security firm SlowMist has identified a malicious iOS app called FomoPeek that has been linked to the theft of $580,000 worth of cryptocurrency. The app reportedly deceived users into compromising their crypto wallets, leading to significant financia...
