Zip Co Ltd shares rose 17% after reporting a 46% profit increase to $116.4 million for FY26 and a 58% rise in cash earnings before tax, depreciation, and amortisation (EBTDA) to $268.9 million. The company expects FY27 cash EBTDA to grow by 26% to $340 million, driven by strong US transaction volume growth of 42.5% in FY26 and a forecasted 30% increase in FY27. Zip is considering a US dual listing and a share consolidation to attract more investors, alongside a $50 million share buyback reflecting its strong financial position and growth prospects.
Berkshire Hathaway has allocated 29.7% of its $356 billion investment portfolio to just two artificial intelligence stocks. This significant concentration underscores the growing confidence and interest in AI technologies as key drivers of future gro...
In Q2 2026, Bitcoin ETFs experienced their largest quarterly outflow ever, with approximately 77,033 BTC, worth about $4.9 billion, withdrawn primarily by retail investors. Institutional investors, however, increased their Bitcoin ETF holdings by 7.5...
Citi has kept a Buy rating and a £44 target price on Antofagasta PLC despite lowering its 2026 copper production forecast due to weather disruptions at Los Pelambres. The bank expects production to be at the lower end of guidance but sees improving c...
Homeland Nickel Inc. has agreed to sell its Shamrock Nickel-Copper Project in Oregon to American Gold & Copper Inc. for an initial payment of $150,000 plus $8,500 to cover mining claim renewal costs. The sale is subject to a 60-day due diligence peri...
An Ethereum user reportedly lost access to 810 ETH, worth about $1.86 million, after visiting a phishing site mimicking Tornado Cash's interface through an expired domain. The attacker allegedly stole private deposit credentials, allowing withdrawal ...
