KO stock surges to all-time highs as investors welcome new CEO Henrique Braun, joining IBD's Breakout Stocks Index. Coca-Cola (KO) shares reached a record high following the official transition of CEO Henrique Braun on March 31. The move, announced in December, has drawn p
Elon Musk’s AI startup xAI has yet to pay employees promised $420 each for submitting tax returns to train its Grok chatbot. xAI has not distributed $420 payments to employees who provided their tax returns to train the Grok AI model, despite promises made two months ago.
Fintech firm Mercury raises fresh capital targeting AI-driven startups, marking four straight years of profitability. Mercury raised $200 million in a funding round led by TCV, valuing the company at $5.2 billion. The capital aims to attract AI-native founders as clients a
Tether buys SoftBank's stake in Twenty One Capital for $711 million Tether has acquired SoftBank's stake in Twenty One Capital, a Bitcoin-buying firm. The acquisition includes 89.1 million shares, representing SoftBank's entire stake in the venture. The shares we
Tether signaled on Wednesday that it is consolidating control over Twenty One Capital (XXI), a Bitcoin-buying firm co-founded by the stablecoin giant last year, by acquiring shares held by Japanese investment firm SoftBank—one of XXI’s biggest initial backers. The leading
Cava Group reported faster revenue and same-store sales growth than expected, outpacing fast-casual competitors. Cava Group (CAVA) shares rose Wednesday after reporting its fastest revenue growth since Q3 2024 and the strongest same-store sales growth in a year. The Medite
Beyond Oil Ltd. reported $1.26 million in 1Q26 revenue, up 24% y/y, driven by US foodservice expansion and strategic accounts. Beyond Oil Ltd. (BOIL/BEOLF) reported $1.26 million in first-quarter revenue, a 24% year-over-year increase from $1.01 million, maintaining a ~$5.
SOL Strategies reports middleware monetization growth and resilient staking rewards despite a 45% CAD revenue drop. SOL Strategies Inc. (STKE) advanced its Solana infrastructure stack, integrating middleware monetization via Darklake and Houdini. The expansion targets priv
The decline in yields eases pressure on rate-sensitive sectors after a 37-basis-point rise since early May. The US 10-year Treasury yield fell 10 basis points to 4.57%, retracing part of its recent climb. Yields had peaked at 4.687% yesterday, up 37 basis points from 4.316
Rising long-term borrowing costs add $2 trillion in federal debt expense over a decade as national debt exceeds $39 trillion. The 30-year Treasury yield climbed to 5.19%, its highest level since 2007, signaling higher borrowing costs for the U.S. government. Each half-perc
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