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Latest financial and economic news and analysis

The Motley Fool News Agency
10 hours agoThe Motley Fool
Cryptocurrency Medium Importance Neutral

1 Unstoppable Cryptocurrency to Buy Before It Soars 56% by the End of the Year, According to Standard Chartered

Standard Chartered recently doubled down on its $100,000 price target for Bitcoin. In the first half of 2026, selling by Bitcoin treasury companies kept a lid on the price of Bitcoin.

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Source: The Motley Fool
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PRNewsWire News Agency
10 hours agoPRNewsWire
Stocks Medium Importance Neutral
MDA SPACE REPORTS SECOND QUARTER 2026 RESULTS

MDA SPACE REPORTS SECOND QUARTER 2026 RESULTS

Backlog of $4.0 billion at quarter-end increased $310 million compared to Q1 2026 Revenues of $499 million, up 34% YoY Adjusted EBITDA1 of $96 million, up 26% YoY; Adjusted EBITDA margin1 of 19.3% Adjusted net income1 of $52 million, up 13% YoY Operating cash flow of $(93)million; Free cash flow 1  of $(150) million Net cash1 position of $153 million at quarter-end; Total liquidity of $1.1  billion Increased midpoint of 2026 Revenue and Adjusted EBITDA guidance TORONTO, Aug. 7, 2026 /PRNewswire/ -- MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a trusted mission partner to the rapidly expanding global space industry, today announced its financial results for the second quarter ended June 30, 2026.

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Source: PRNewsWire
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Proactive Investors News Agency
10 hours agoProactive Investors
Cryptocurrency Medium Importance Neutral
Polymarket traders see little chance of a Bitcoin breakout this month

Polymarket traders see little chance of a Bitcoin breakout this month

Traders on Polymarket put the odds of bitcoin reaching $70,000 at any point this month at just 27%, while giving a 40% chance of a slide to $60,000. The prediction market, which lets users bet on the outcome of real-world events, is running a series of contracts on the highest and lowest prices Bitcoin touches before the end of August.

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Source: Proactive Investors
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Bloomberg Markets and Finance News Agency
10 hours agoBloomberg Markets and Finance
General Medium Importance Neutral
Iran Weighs US, Israeli Ships Ban in Strait of Hormuz

Iran Weighs US, Israeli Ships Ban in Strait of Hormuz

President Donald Trump said negotiations between Iran and Oman over the Strait of Hormuz are "moving along," despite some Iranian lawmakers saying they would seek to bar US and Israeli ships from the waterway as part of the deal. Meanwhile, oil extended gains after a report that Iran attacked "hostile targets" in the Strait of Hormuz.

Source: Bloomberg Markets and Finance
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Invezz News Agency
10 hours agoInvezz
Stocks Medium Importance Neutral
Airbnb stock jumps 11% as World Cup travel sparks a surprise growth burst

Airbnb stock jumps 11% as World Cup travel sparks a surprise growth burst

Airbnb reported better-than-expected second-quarter results on Thursday, driven by strong global travel demand and a surge in first-time users during the FIFA World Cup hosted across the United States, Canada and Mexico. Airbnb also raised its forecast for the year, citing an expansion in global demand as it uses artificial intelligence to improve its platform.

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Source: Invezz
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