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Battle of the briefs: UP-NS fires back at AGs anti-merger letter
FreightWaves9d agoneutral
Battle of the briefs: UP-NS fires back at AGs anti-merger letter

Union Pacific and Norfolk Southern turn to former federal anti-trust officials to refute claims by red state Attorneys General opposing their transcontinental rail merger. The post Battle of the briefs: UP-NS fires back at AGs anti-merger letter appeared first on FreightWaves.

Figure Technology Solutions Q2 Earnings Call Highlights
MarketBeat9d agoneutral
Figure Technology Solutions Q2 Earnings Call Highlights

Figure Technology Solutions (NASDAQ:FIGR) reported second-quarter results marked by triple-digit growth in consumer loan marketplace volume, expanding adoption of its Figure Connect tokenized loan marketplace and a higher share of fee-based revenue. Consumer loan marketplace volume reached $4.3 bil

Bit Digital Q2 Earnings Call Highlights
MarketBeat9d agoneutral
Bit Digital Q2 Earnings Call Highlights

Bit Digital (NASDAQ:BTBT) reported second-quarter revenue of $32.1 million, up 15% sequentially, as cloud services growth helped offset lower Ethereum staking and bitcoin mining revenue. The company also outlined a capital-allocation strategy centered on its Ethereum holdings and its majority intere

AMD looks to raise $4 billion to $5 billion in debt offering, source says
Reuters9d agoneutral
AMD looks to raise $4 billion to $5 billion in debt offering, source says

Advanced Micro Devices on Thursday launched a four-part debt ‌offering that could raise between $4 billion ‌and $5 billion, according to terms reviewed by Reuters, as the ​chipmaker looks to fund general corporate purposes and potentially repay existing debt. The offering includes senior unsecured notes due in 2029, 2031, 2033 and ‌2036. Initial price discussions ⁠were set at about 70 basis points over U.S. Treasuries for the ⁠3-year notes, 90 basis points for the 5-year tranche, 100 basis points for the 7-year ​notes and ​115 basis points for ​the 10-year debt.

California’s Billionaire Tax Is Officially on the Ballot. Here’s How Much of the National Debt 100% of Every American Billionaire’s Wealth Would Actually Cover.
24/7 Wall St.9d agoneutral
California’s Billionaire Tax Is Officially on the Ballot. Here’s How Much of the National Debt 100% of Every American Billionaire’s Wealth Would Actually Cover.

California just certified the country's first statewide billionaire wealth tax for the 2026 ballot, and the fight over Proposition 40 has already cost opponents more than $107 million and sent some billionaires fleeing the state. But the real question lurking behind it is far bigger than California's budget.

Loss of Market Share in U.S. Antitrust Consulting Pressures FTI Consulting’s (FCN) Top-Line Performance
Insider Monkey9d agoneutral
Loss of Market Share in U.S. Antitrust Consulting Pressures FTI Consulting’s (FCN) Top-Line Performance

Sycamore Capital Management, a franchise of Victory Capital Management, released its Q2 2026 investor letter for “Sycamore Mid Cap Value Equity Strategy”. A copy of the letter can be downloaded here. Sycamore Capital’s Mid Cap Value investment team focuses on a bottom-up approach to identify undervalued businesses with growth potential. In Q2 2026, the strategy […]

AppLovin at 52-Week Low: Buy, Sell or Hold?
24/7 Wall St.9d agoneutral
AppLovin at 52-Week Low: Buy, Sell or Hold?

AppLovin shed more than half its value in 2026 after a single earnings report triggered a collapse from a 52-week high near $746. Whether that drop reflects a broken growth story or a rare entry point into a cash machine hinges on one critical question about its AI engine.

Knight-Swift Transportation Holdings (KNX) Gains from Pricing Power
Insider Monkey9d agoneutral
Knight-Swift Transportation Holdings (KNX) Gains from Pricing Power

Sycamore Capital Management, a franchise of Victory Capital Management, released its Q2 2026 investor letter for “Sycamore Mid Cap Value Equity Strategy”. A copy of the letter can be downloaded here. Sycamore Capital’s Mid Cap Value investment team focuses on a bottom-up approach to identify undervalued businesses with growth potential. In Q2 2026, the strategy […]

Just Keep Following The Money Following CoreWeave’s Spike
24/7 Wall St.9d agoneutral
Just Keep Following The Money Following CoreWeave’s Spike

CoreWeave just posted its first earnings beat as a public company and the stock surged nearly 20%, but a balance sheet carrying almost nine times more debt than equity raises a question every investor needs to answer before touching the trade.