Metaplanet reported a first-quarter loss of $725 million (¥114.5 billion) on Wednesday, a sharp widening driven by a decrease in the value of its Bitcoin holdings. The firm posted a $31 million (¥5 billion) loss a year ago During the period ended March 31, the Tokyo
Hapag-Lloyd CEO Rolf Habben Jansen was blunt in his assessment of the ocean carrier’s first quarter during a Wednesday earnings call, saying the liner had an “unsatisfactory” start to the year due to escalating costs stemming from the war in Iran. According to the carrier,
Akamai Technologies Inc (NASDAQ:AKAM, XETRA:AK3) was upgraded to 'Buy' from 'Neutral' by Bank of America analysts, who said the company is increasingly being viewed as an artificial intelligence infrastructure play rather than a legacy content delivery network provider. Th
The company halts coal-based steelmaking, targeting $0 in capacity utilization charges by Q4 2026 to achieve breakeven adjusted EBITDA. Algoma Steel Group Inc. (ASTL) has permanently closed its blast furnace operations, ending 125 years of coal-based integrated steelmaking
Gabelli Healthcare & Wellness Trust sets June 23 payout date for its latest $0.17 per share dividend, matching prior distributions. Gabelli Healthcare & Wellness Trust (GRX) announced a $0.17 per share quarterly dividend, unchanged from its previous payout. The forward yie
Major U.S. health insurers reported stronger-than-expected earnings, signaling potential relief from rising medical expenses. UnitedHealth Group, Cigna, Humana, Elevance Health, and Centene posted first-quarter results above analyst expectations, citing improved cost manag
Gabelli Dividend & Income Trust maintains its monthly payout at $0.15 per share, matching prior distributions. Gabelli Dividend & Income Trust (GDV) announced a $0.15 per share monthly dividend, unchanged from previous payments. The forward yield stands at 6.18% based on t
Square’s automatic rollout enables 1 million U.S. merchants to accept $BTC payments, settling in USD to avoid volatility. $XYZ’s Square has enabled 1 million U.S. merchants to accept bitcoin payments, marking a milestone for $BTC adoption at the point of sale. Activations
Shares of Under Armour Inc (NYSE:UAA) recovered slightly in early trading on Wednesday, after tanking on Monday following the company's fiscal fourth-quarter results. Here are the key analyst insights: - Stifel analyst Peter McGoldrick downgraded the rating from Buy to Hol
Quick Read - Solana gained 13% over the last week—its best weekly performance of 2026—with spot ETFs pulling in $39.23 million, their strongest week since February. - Solana posted its best week backed by a sharp increase in trading activity and derivatives positioning. Sp