United Rentals reported record second-quarter results with total revenue up 12% to $4.40 billion and rental revenue rising nearly 13% to $3.80 billion. Adjusted earnings per share grew 22% to $12.76, beating estimates by over 9%. The strong performance led the company to raise its full-year 2026 revenue forecast to $17.50-$17.80 billion. Morgan Stanley responded by increasing its price target for the stock by over 17%, reflecting confidence in continued growth driven by strong demand in the equipment rental market.
Grayscale has introduced a Zcash ETF, offering regulated exposure to the privacy-focused cryptocurrency ZEC despite recent reports of a critical privacy flaw in its shielded transactions. This flaw, if confirmed, challenges Zcash's fundamental value ...
Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) charges a very low 0.04% annual fee to provide exposure to the entire U.S. stock market, holding thousands of stocks weighted heavily toward tech giants like Apple and NVIDIA. Since its 20...
Strive, Inc. has built a large corporate Bitcoin treasury, holding over 21,000 BTC valued at about $1.7 billion, pushing its market cap to $1.77 billion and share price to $19.73. This surpasses Wendy's share price, highlighting strong investor deman...
US spot Bitcoin ETFs attracted $338 million in net inflows on August 24, with BlackRock's iShares Bitcoin Trust (IBIT) accounting for $209 million or 62% of the total. This inflow continues a trend of strong institutional demand, following previous d...
Citi has maintained a buy rating on Marks and Spencer and upgraded Next's rating, citing strong growth prospects in both food and fashion sectors. Marks and Spencer's food division is expected to see double-digit sales growth into 2026, supported by ...
