4 گھنٹے پہلے
Trump Media to overhaul crypto treasury strategy after $238.1 million Q2 loss
Trump Media & Technology Group reported a second-quarter loss of $238.1 million, driven largely by $190.4 million in unrealized losses on crypto and securities. The company plans to overhaul its digital-asset treasury approach while keeping Bitcoin central to its capital strategy. As of July 31, it held about 14,139 Bitcoin, up from 9,477.16 BTC on June 30, after a slight decline from 9,542.16 BTC three months earlier.
BTC
BTC-0.78%
4 گھنٹے پہلے
4 گھنٹے پہلے
Trump faces lawsuit over Truth API priced at $100,000 a month as Trump Media weighs prediction-market data deals
Trump Media launched Truth API on August 1, offering a low-latency subscription to posts from the 10 most-followed Truth Social accounts, with pricing as high as $100,000 per month. On August 7, the company ended its Trump Media Group CRO Strategy venture with Crypto.com, fueling market concerns. Following the move, Cronos (CRO) fell below $0.05, its lowest level since October 2023.
CRO
CRO-0.17%
4 گھنٹے پہلے
4 گھنٹے پہلے
Petronet LNG tops Q1FY27 expectations on trading gains; Nomura keeps Buy with Rs 345 target
Petronet LNG reported Q1FY27 EBITDA of Rs 16.3 billion, up 20% quarter-on-quarter and 26% year-on-year, helped by trading gains. Adjusted EBITDA stood at Rs 12.6 billion, beating Nomura’s estimate by 8%, while trading and inventory gains were Rs 3 billion and Rs 1.9 billion, respectively. Profit after tax came in at Rs 11.3 billion, up 33% year-on-year. Nomura maintained its “Buy” rating with a target price of Rs 345.
4 گھنٹے پہلے
5 گھنٹے پہلے
DNO posts record Q2 revenue of USD 761 million, lifts 2026 North Sea output guidance to 85,000 boepd
DNO ASA reported record second-quarter revenue of USD 761 million, up 21% quarter-on-quarter, as strong North Sea volumes and high oil prices outweighed the impact of a shutdown in Iraq’s Kurdistan region. Operating profit rose 55% to USD 439 million and net profit increased 65% to USD 83 million. The company also raised its 2026 North Sea production guidance to 85,000 boepd, up by 3,000 boepd from its projection at the start of the year.
5 گھنٹے پہلے
5 گھنٹے پہلے
Nalco, Hindalco slide up to 2.5% on August 13 as aluminum extends retreat from seven-week high
Shares of India’s National Aluminium Co. and Hindalco Industries fell as much as 2.5% on August 13, tracking a second straight day of declines in aluminum prices. Supply worries eased after a major Middle East smelter said it plans to restore output earlier than expected, and Australia’s largest aluminum smelter secured a A$2.5 billion government bailout to keep operating. Aluminum in London slipped 0.9% to $3,282.50 a ton, while copper fell 0.4% and zinc dropped 0.8%, weighing on the broader metals sector.
5 گھنٹے پہلے