Pentair (PNR) was one of the pandemic’s quiet winners, riding America’s backyard pool boom. However, that run ended this week. The company pre-announced weak second-quarter results on July 14, cut…
-
-
Why Did Regulators Miss the GENIUS Act Deadline? U.S. regulators reached the GENIUS Act’s July 18 rulemaking deadline without issuing the final regulations needed to fully implement the federal stablecoin…
-
Why Is Dunamu Facing Regulatory Action? South Korea’s Financial Supervisory Service has reportedly sent an inspection opinion letter to Dunamu, the operator of crypto exchange Upbit, over a $36 million…
-
Business
The $55B quarter: how trading, AI, and dealmaking drove record earnings for Big Banks
by adminby adminWall Street’s biggest banks are proving that even geopolitical uncertainty and volatile markets can be highly profitable when trading desks stay busy and artificial intelligence fuels an unprecedented wave of…
-
Business
Big tech earnings outlook: Wall Street demands receipts on $700B AI spree
by adminby adminAs the second-quarter earnings season of 2026 approaches its most critical stretch, the global equity market finds itself at a pivotal crossroads. For over two years, a relentless, AI-driven bull…
-
Finance & Investment
Another popular soda giant closes warehouse operation, cuts 184 jobs
by adminby adminA warehouse shift in Tulsa will result in 184 job cuts, even as production lines beside it continue to operate. TheStreet recently reported that Coca-Cola is closing a Massachusetts bottling…
-
What Is FTX Paying Creditors This Time? FTX will begin distributing roughly $900 million to eligible creditors starting July 31, marking the fifth repayment round under the failed crypto exchange’s…
-
What Changed in Strategy’s Capital Framework? Strategy’s new digital credit capital framework has reduced the company’s immediate liquidity concerns by rebuilding cash reserves, pausing bitcoin purchases, and creating new tools…