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Ford Motor Company is working on turning itself around. It's embracing hybrid vehicles and investing in other new technologies.
Latest financial and economic news and analysis

Ford Motor Company is working on turning itself around. It's embracing hybrid vehicles and investing in other new technologies.

Globus Medical NYSE: GMED reported second-quarter 2026 revenue of $789.6 million, up 6% from a year earlier, as growth in its spine and trauma businesses helped offset declines in enabling technologies and Nevro sales. The company reaffirmed its full-year revenue outlook while raising its adjusted earnings forecast, citing margin expansion and operating leverage in the first half.

Genie Energy NYSE: GNE reported higher second-quarter profitability as normalized wholesale energy market conditions restored margins at its retail energy business, while its growth segment reached positive EBITDA.

Genco Shipping & Trading NYSE: GNK reported stronger second-quarter results as dry bulk freight rates rose, supported by higher earnings from its expanded fleet and a continued focus on low leverage and shareholder dividends.

Global Net Lease NYSE: GNL reported second-quarter 2026 revenue of $112.5 million, a net loss attributable to common stockholders of $7.5 million and adjusted funds from operations (AFFO) of $45.7 million, or $0.22 per share. AFFO per share increased from $0.21 in the first quarter, while the company raised its full-year outlook following its pending acquisition of Modiv Industrial.

Genworth Financial NYSE: GNW reported second-quarter net income of $47 million, or $0.12 per share, while adjusted operating income excluding its closed block business totaled $112 million, or $0.29 per share. The company's results were led by mortgage insurance subsidiary Enact, while losses in the closed block and continued investment in CareScout weighed on overall performance.

Acushnet NYSE: GOLF reported higher second-quarter sales and adjusted EBITDA, citing continued momentum in Titleist golf equipment, an accelerated launch of its GTS metals line and a benefit from tariff refunds. The company also raised its full-year outlook, though it expects second-half comparisons to be affected by the timing of golf-club shipments and preparation for a 2027 Pro V1 launch.

Granite Point Mortgage Trust NYSE: GPMT reported a second-quarter GAAP net loss attributable to common stockholders of $62 million, or $1.29 per basic common share, as the commercial real estate lender increased credit-loss reserves and recorded an impairment on real estate owned assets.

Ethereum, Solana, and Avalanche usage is rising as fees fall. So why are ETH, SOL, and AVAX still down, and which metrics matter?

Bitcoin price held near $65,000 on Aug. 8, but its failure to reclaim the short-term holder cost basis left the recovery exposed to renewed selling. Bitcoin price struggles to hold above $65,000 According to data from crypto.

Sterling Infrastructure posts exceptional Q2 results, with revenue up 90% and adjusted EPS up 116%, driven by data center demand. Backlog exceeds $7 billion, with mission-critical e-infrastructure projects comprising over 92% of the segment's backlog and providing multi-year growth visibility. Valuation at $536/share implies 27x 2026 and 21x 2027 earnings; fair value estimated at $645, offering ~20% upside and supporting a Buy rating.
Bitcoin price held above $64,900 as the crypto market gained 0.81% to $2.21 trillion over 24 hours. XRP price was trading at around $1.03 as the market rallied, while Ethereum was trading at near $1,915.

In a recent post, vocal Dogecoin community member Mishaboar urges the DOGE community to rethink wallet security.

Circle has renewed its longstanding USDC partnership with Coinbase on existing terms, preserving a key distribution channel for the stablecoin. The company also ruled out quarterly dividends, saying capital can generate stronger returns by funding growth.

Digital Turbine delivered a standout Q1 FY27, with 27% revenue growth and 217% non-GAAP EPS growth, beating consensus estimates. APPS raised FY27 guidance, now targeting $650–$670M revenue and $145–$155M adjusted EBITDA, citing AI-driven gains and international expansion. Valuation remains reasonable at 19.6x FY27E EPS, with consensus expecting 29.5% EPS growth and ongoing margin expansion supporting the investment case.