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Latest Financial and Business News

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|PLDT, Smart, DITO ink resource-sharing deal

PLDT Inc., Smart Communications Inc., and DITO Telecommunity have signed a Memorandum of Understanding (MOU) to collaborate on strategic resource-sharing initiatives. This agreement aims to expand network coverage and enhance connectivity nationwide by allowing reciprocal use of tower sites, enabling in-building solution colocation, and sharing submarine cable capacity without monetary exchange. The telcos seek to reduce redundant infrastructure investments and accelerate digital inclusion across the Philippines.

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Why Power Solutions International Is Drawing Investor Attention

Power Solutions International (PSIX), an engine and power-systems maker, has seen its stock plunge despite its involvement in the data center backup power theme, contrasting with peers like Generac and Cummins. This downturn is attributed to a challenging Q1 2026, featuring missed revenue targets and compressed margins, alongside ongoing securities litigation and a lack of 2026 guidance. Despite a strong 2025 and a low trailing P/E, investor attention remains split between its potential in the data center market and significant current challenges.

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MSCI’s Approach to SpaceX Discredits the ESG Cartel

The article criticizes MSCI's ESG rating for SpaceX, arguing that it's absurd to rank the innovative American company on par with hostile foreign adversaries like Russia. The author contends that ESG ratings often prioritize ideological agendas over financial returns and American interests, undermining free enterprise. MSCI's rating of SpaceX is presented as evidence that ESG acts as a mechanism for ideological ends rather than genuine "socially conscious investing."

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BMNP Stock vs SCHD ETF: Which is a Better Buy?

This article compares BitMine Immersion Technologies 9.5% Series A Perpetual Preferred Stock (BMNP) with the Schwab US Dividend Equity ETF (SCHD) for dividend investors. While SCHD is a large, established fund with stock growth, BMNP offers a significantly higher dividend yield (9.5% vs. 3.2%) and pays weekly. The article argues BMNP is safer than some preferred stocks due to BitMine's Ethereum staking model and lack of debt, making it a potentially attractive asset despite its recent price drop.

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Grayscale Bitcoin Mini Trust ETF (BTC) Files 8-K: Key Details on NYSE Arca Listing and Company Information

Grayscale Bitcoin Mini Trust ETF (BTC) has announced leadership changes, appointing Kathryn Masci and Daniel Plourde as Interim Co-Chief Financial Officers, effective July 2, 2026. Masci will also serve as a Board Member and Principal Financial and Accounting Officer. These interim appointments replace Edward McGee and are considered significant corporate events for the Trust, though no changes in investment policy or financial distress have been disclosed.

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Grayscale Dogecoin Trust ETF (GDOG) Files 8-K with SEC: Key Details on NYSE Arca Listing and Emerging Growth Status

Grayscale Dogecoin Trust ETF (GDOG) announced in an SEC 8-K filing the appointment of Kathryn Masci and Daniel Plourde as Co-Chief Financial Officers, signaling a strategic shift in finance leadership. The Trust maintains its status as an "emerging growth company" and continues to trade on NYSE Arca under the symbol GDOG, ensuring liquidity for investors. These changes are significant for its financial strategy and reporting, impacting investor sentiment and potentially the share price.

Stocks

Symbol Price Change %Change
EVLVW 0.0269 0.0146 119.1982%
CLRO 6.4800 3.2600 101.2422%
LIMNW 0.0698 -0.0052 -6.9333%
NRSNW 0.0733 0.0000 0.0000%
HUBCZ 0.0206 0.0088 74.5763%
Symbol Price Change %Change
ERNAW 0.0400 -0.0313 -43.8990%
AMPGR 0.9100 -1.2200 -57.2770%
RCKTW 0.0030 -0.0030 -50.0000%
TE 8.5600 -0.6200 -6.7538%
TC 2.9300 -1.8700 -38.9583%
Symbol Price Change %Change
SOXS 4.5100 0.6500 16.8394%
LIMN 0.1425 0.0277 24.1289%
TZA 3.9200 0.0800 2.0833%
CWD 1.2300 0.5847 90.6090%
BITO 8.3400 0.2100 2.5830%

Latest News

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Caterpillar picks Texas for next focus of $100 million workforce investment

Caterpillar is expanding its $100 million workforce investment program, selecting Texas as the next state to receive funding after Indiana. The initiative will involve a partnership between the Irving-headquartered manufacturer and Texas State Technical College. This move aims to further develop the manufacturing workforce in Texas.

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Bronstein, Gewirtz & Grossman LLC Urges Insulet Corporation Investors to Act: Class Action Filed Alleging Investor Harm

Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against Insulet Corporation (NASDAQ: PODD) and some of its officers, alleging violations of federal securities laws. The lawsuit claims that Insulet made false and misleading statements about its manufacturing controls and procedures, creating a risk of product safety violations. Investors who purchased Insulet securities between May 21, 2025, and May 26, 2026, are encouraged to join the case, with an August 31, 2026, deadline to request lead plaintiff appointment.

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How Retirees Can Turn $100,000 Into Steady Monthly Income With This Dividend Stock

Realty Income (O), a monthly dividend payer, offers retirees a way to convert a $100,000 investment into approximately $424 in monthly income, equating to a 5.09% annual yield. The company boasts 670 consecutive monthly dividend payments and has consistently raised its quarterly dividend. Its robust financial performance, including increased AFFO per share and raised investment guidance, supports sustained dividend growth for income-focused investors.

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How private equity destroyed an American pastime

This article criticizes private equity firm Lucky Strike Entertainment (formerly Bowlero Corporation) for allegedly ruining the American pastime of bowling. A class-action lawsuit accuses the company of antitrust violations and intentionally destroying league bowling by prioritizing flashy entertainment and raising prices, while neglecting maintenance and alienating traditional bowlers. The author argues that this approach, driven by profit motives, erodes community social spaces and values historically associated with bowling.

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RTX (NYSE: RTX) Stock Price Surges On $1.1 Billion U.S. Navy Missile Contract Award

RTX (NYSE: RTX) shares jumped 3.4% after its Raytheon business secured a $1.1 billion contract from the U.S. Navy for AIM-9X Block II missiles. Raytheon is increasing production to meet demand, reflecting heightened defense spending. This contract reinforces a bullish outlook from Wall Street analysts for the aerospace and defense giant.

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ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages PicS N.V. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PICS

Rosen Law Firm announced a class action lawsuit against PicS N.V. on behalf of investors who purchased Class A common stock during its January 30, 2026 IPO. The lawsuit alleges that PicS N.V. made false or misleading statements and failed to disclose critical information regarding its credit evaluation procedures, reclassification of exposures, and heightened Stage 3 formation rate. Investors are encouraged to secure counsel before the August 4, 2026 deadline to serve as lead plaintiff.

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Treasure Global Secures Canadian MSB Registration to Accelerate Oxi Wallet’s Global Fintech Expansion

Treasure Global Inc. (NASDAQ: TGL) has secured access to a Canadian Money Services Business (MSB) registration, a key regulatory milestone for its Oxi Wallet digital financial platform. This registration will enable Oxi Wallet to expand its capabilities to include cross-border payments, remittances, foreign exchange, and digital asset conversions within a regulated framework. The company plans to accelerate Oxi Wallet's expansion across Asia-Pacific and beyond, positioning it as a compliant digital financial infrastructure.

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ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages First Solar, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FSLR

The Rosen Law Firm is encouraging investors of First Solar, Inc. (NASDAQ: FSLR) who purchased securities between February 26, 2025, and February 24, 2026, to secure legal counsel before the August 24, 2026 lead plaintiff deadline in a securities class action lawsuit. The lawsuit alleges that First Solar made materially false and misleading statements regarding its capacity to manage U.S. tariff policy impacts and the negative effects of its responses to these policies on its projected performance. Investors may be entitled to compensation through a contingency fee arrangement.

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Boyle Heights Community Demands Permanent Closure of Lineage Logistics Facility Post Fire

Community members and advocacy groups in Boyle Heights rallied to demand the permanent closure of the fire-damaged Lineage Logistics cold-storage warehouse, citing ongoing health and environmental hazards. This follows a massive fire that burned for over a week, spoiling millions of pounds of food and prompting extensive cleanup efforts. Residents are calling for a comprehensive environmental study and thorough cleanup, while Mayor Karen Bass has issued executive orders to expedite recovery and oversight.

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The West Hollywood City Council’s clown-show attack on Home Depot

The West Hollywood City Council recently removed Home Depot from its list of approved vendors, citing the company's alleged assistance to US Immigration and Customs Enforcement (ICE), an accusation Home Depot denies. The editorial criticizes this action as performative politics, arguing the council is overstepping its local purview into federal matters and penalizing taxpayers by removing a low-cost supplier. It suggests the council should focus on city issues rather than federal affairs or past "clownish posturing."