US Foods Holding Corp. is rated BUY due to accelerating market share gains in the high-margin independent restaurant segment and strong forward growth guidance. The company leverages technology, private label expansion, and operational efficiencies to boost margins and customer loyalty despite macroeconomic headwinds like higher input costs and bad weather. Management projects 3.5% case growth, 5% revenue growth, and 11% adjusted EBITDA growth for fiscal year 2026, with earnings per share expected to rise 21%. Additionally, a $1 billion share repurchase program and a manageable net leverage ratio of 2.6x provide downside protection for investors.
Bitcoin faces pressure even as the U.S. Dollar Index weakens and rate hike bets fade, due to record outflows from spot Bitcoin ETFs totaling $4.0 to $4.5 billion in June. A softer dollar typically supports Bitcoin by improving global purchasing power...
Imugene Ltd announced a second complete response in its Phase 1b azer-cel trial targeting patients with mantle cell lymphoma (MCL) who had failed prior BTKi therapy. The patient showed complete tumor shrinkage by Day 28, earlier than expected, highli...
Revolut will remove Tether's USDT stablecoin from its platform by August 31, 2026, disabling purchases from July 6. This move aligns with regulatory and risk considerations under the EU's new Markets in Crypto-Assets (MiCA) rules, which have led othe...
XRP price has rebounded to around $1.145, showing a 4% gain in 24 hours, after forming a double bottom near $1.05 and $1.0092, which suggests sellers may be losing control. The key level to watch is the $1.28 to $1.29 neckline; a daily close above th...
Revolut, a major European fintech platform, will stop supporting Tether (USDT) stablecoin by August 31, 2026. Users can buy USDT until July 6 and deposit until July 30, but after August 31, remaining USDT balances will convert to fiat currency. This ...
