4h ago
BlackBerry lifts fiscal 2027 outlook after quarterly revenue rises 26% to $152.9 million
BlackBerry reported quarterly results showing revenue rose 26% year over year to $152.9 million, while adjusted EBITDA jumped 144% to $36.3 million. The adjusted margin improved to 24% from 12%. The company said QNX revenue increased 26% to $72.3 million, with an adjusted gross margin of 86%. Management raised its fiscal 2027 revenue outlook to $594 million to $621 million and said it expects about $100 million in operating cash flow, with cash and investments totaling $422.9 million.
4h ago
7h ago
Tesla’s robotaxi and Semi push puts its 292.5x valuation to the test
Tesla delivered 480,126 vehicles in Q2 2026 and deployed 13.5 GWh of energy storage, lifting revenue to $28.24 billion. Free cash flow was negative $1.1 billion as capital spending rose to about $5.8 billion. The company began Cybercab production in Texas and received approval to operate up to 5,000 autonomous vehicles in the Las Vegas area. In China, Tesla is recalling 2.98 million vehicles over emergency door-release concerns, while analysts’ average price target of $385.04 implies 6.1% upside potential.
7h ago
7h ago
XRP jumps 40% in five days, climbing from below $1.00 to near $1.40
XRP rallied 40% in five days, rising from below $1.00 to near $1.40 for its biggest weekly gain since the 2024 election-fueled move. The token rebounded from $0.98, the same level it traded at before the 2024 rally that lifted it to an all-time high near $3.65. After spending most of August around $1 and not trading near $1.40 since May, on-chain data show whales accumulated more than 300 MILLION XRP in the 96 hours before the move began.
XRP
XRP+20.17%
7h ago
7h ago
Whale Rock cuts Nvidia stake about 64% in Q2 13F filing
Whale Rock reduced its Nvidia holding in the second quarter, cutting the position from about 1.04 million shares to 377,204 shares, a decline of roughly 64%, according to its latest 13F filing. Over the same period, the hedge fund raised its Advanced Micro Devices stake from 69,211 shares to roughly 1.51 million shares. Nvidia’s market capitalization is about $5.24 trillion and the stock trades near $215, about 10% below its 52-week high.
7h ago
8h ago
Bitcoin jumps nearly 25% in a week as Hyperliquid draws traders’ attention with surging volumes
Bitcoin rose nearly 25% over the past week, and when it traded around $64,000 on Tuesday, a single day saw $1.3 billion in short liquidations. Another $1 billion in shorts were liquidated over the following 48 hours, bringing the week’s total to $4.5 billion. Meanwhile, Hyperliquid posted more than $633 billion in combined spot and perpetuals volume in the first quarter, more than six times its total in the second quarter of 2024.
8h ago