2h ago
Berkshire Hathaway sits on $397.4 billion in cash, enough to buy nearly any S&P 500 company as it waits for better prices
Berkshire Hathaway held $397.4 billion in cash at the end of the first quarter, a record level. Greg Abel has taken over as CEO, while Warren Buffett, now chairman, remains involved in major decisions. The cash pile is large enough to buy almost any company in the S&P 500, but the firm is choosing to wait for more attractive valuations. That stance signals caution about current U.S. equity prices and has fed market watchfulness about the S&P 500’s near-term upside momentum.
2h ago
3h ago
Hargreaves Services reports FY2026 results, returns GBP 32.6 million to shareholders
Hargreaves Services Plc (HGRVF) reported its FY2026 results and said it returned GBP 32.6 million to shareholders, including a GBP 20 million tender offer buyback. The company said the buyback was funded by proceeds from the first and second sales of its renewables assets. It reported higher volumes while maintaining margins at 6%, and ended the year with a cash balance of GBP 21.6 million.
3h ago
3h ago
Stablecoin Development Corp says Q2 staking revenue of $2.2M roughly matched cash operating costs as it booked a $50.6M paper loss
Stablecoin Development Corporation (SDEV) said it generated about $2.2 million in second-quarter staking revenue from Sky Protocol’s SKY token, roughly matching what it described as cash operating expenses. Over the same period, the company recorded a $50.6 million unrealized, noncash loss on digital assets, contributing to a $53.8 million operating loss and a $41.1 million net loss. The filing also highlighted potential share dilution tied to prefunded warrants, with one tranche permitting exercise for up to about 33.5 million shares. The company’s balance sheet remained heavily concentrated in SKY holdings.
3h ago
4h ago
Vietnam’s Bamboo Airways stops selling domestic scheduled flights from August 1, with last service set for August 22
Bamboo Airways has suspended all domestic scheduled flights from August 1, with its website showing no bookable options on major routes. The carrier is operating only limited services with a single Airbus A321 (registration VNA227), and the last scheduled flight is planned for August 22. Once operating up to 44 aircraft, Bamboo now has three aircraft on its books, with two parked. The cutback underscores a deep liquidity and operational strain that is weighing on Vietnam’s aviation market.
4h ago
4h ago
Moonbeam halts all user transactions after GLMR migration cutoff, directing late holders to email support for fund recovery
At 20:20 UTC on July 31, 2026, the Moonbeam network abruptly suspended all user transactions, leaving GLMR holders unable to transfer or redeem tokens and requiring late users to request fund recovery via an email helpdesk. At the moment of the halt, the official migration contract held 3.08亿 GLMR, representing 24.83% of total supply, while the remaining 75.17% was spread across exchange custody, staking, the treasury, and other non-migration channels. The same day, a major Polkadot upgrade temporarily interrupted parachain block production, adding pressure to underlying infrastructure stability even as DOT rose. The incident hit GLMR liquidity and user confidence, with spillover concerns for sentiment across the Polkadot ecosystem.
GLMR
GLMR-3.50%
4h ago
5h ago
Silicon Motion posts $451 million Q2 revenue, tops $411 million forecast cap and guides up to 20% Q3 growth
Silicon Motion (SIMO) reported second-quarter revenue of $451 million, up 127% year over year and 32% sequentially, beating the company’s prior guidance ceiling of $411 million. The company also forecast third-quarter revenue could rise by as much as 20% from Q2. The results point to strong demand for NAND flash controller chips, providing a clear earnings catalyst within the memory-focused semiconductor segment.
5h ago
5h ago
Capital Clean Energy Carriers posts US$104.9 million Q2 2026 sales, US$28.83 million net income and declares US$0.15 per-share dividend
Capital Clean Energy Carriers (CCEC) reported second-quarter 2026 sales of US$104.9 million and net income of US$28.83 million, while saying earnings per share fell from a year earlier. The company declared a US$0.15 per-share cash dividend payable on August 13, 2026. It reiterated a 2028 target of US$683.8 million in revenue and US$161.0 million in earnings, a path that implies 17.2% annual revenue growth and a US$62.4 million earnings increase from US$98.6 million currently. The article said the stock could face 10% downside risk from current levels.
5h ago
6h ago
POSCO Holdings reports KRW 19.3 trillion Q2 2026 revenue and KRW 820 billion operating profit
POSCO Holdings reported 2026 second-quarter results with consolidated revenue of KRW 19.3 trillion and operating profit of KRW 820 billion. The company said performance improved from the previous quarter across all segments. Its Argentina lithium business posted a first-ever quarterly profit, marking a tangible step forward in its resource build-out for rechargeable battery materials (RBM). The results underscore POSCO Holdings’ shift from steel to an integrated new-energy materials service provider and support its core equity value.
6h ago